Apogee Minerals Ltd (APMI) — Working Capital to Net Assets Ratio
Apogee Minerals Ltd (APMI) has a Working Capital to Net Assets ratio of -20.9% as of October 2025. Working capital of CA$-87.64K (current assets of CA$68.90K minus current liabilities of CA$156.54K) is measured against net assets of CA$419.55K. A higher ratio indicates strong short-term liquidity financed by the equity base. See operational self-sufficiency of Apogee Minerals Ltd to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Apogee Minerals Ltd Working Capital to Net Assets (2018–2025)
This chart shows how Apogee Minerals Ltd's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2018 to 2025. As of October 2025, the ratio stands at -20.9%, reflecting working capital of CA$-87.64K against net assets of CA$419.55K CAD. For the complete balance sheet picture, see Apogee Minerals Ltd balance sheet assets.
Annual Working Capital to Net Assets for Apogee Minerals Ltd (2018–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Apogee Minerals Ltd from 2018 to 2025, covering 8 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Read debt load of Apogee Minerals Ltd for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -7.5% | CA$-34.36K | CA$456.48K | CA$68.24K | CA$102.60K | ▼ -33.6 pp |
| 2024 | 26.1% | CA$169.75K | CA$651.09K | CA$190.60K | CA$20.85K | ▼ -37.9 pp |
| 2023 | 64.0% | CA$560.01K | CA$874.91K | CA$581.33K | CA$21.32K | ▼ -10.7 pp |
| 2022 | 74.7% | CA$761.48K | CA$1.02 Million | CA$773.94K | CA$12.46K | ▼ -21.4 pp |
| 2021 | 96.1% | CA$1.34 Million | CA$1.40 Million | CA$1.40 Million | CA$53.74K | ▼ -3.9 pp |
| 2020 | 100.0% | CA$509.07K | CA$509.07K | CA$517.89K | CA$8.82K | ▲ +0.0 pp |
| 2019 | 100.0% | CA$576.22K | CA$576.22K | CA$591.48K | CA$15.26K | ▲ +0.0 pp |
| 2018 | 100.0% | CA$-3.58K | CA$-3.58K | CA$371.00 | CA$3.95K | — |