Apex Resources Inc (APX) — Working Capital to Net Assets Ratio
Apex Resources Inc (APX) has a Working Capital to Net Assets ratio of -12.2% as of September 2025. Working capital of CA$-557.56K (current assets of CA$223.55K minus current liabilities of CA$781.11K) is measured against net assets of CA$4.58 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See APX equity financing ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Apex Resources Inc Working Capital to Net Assets (2013–2024)
This chart shows how Apex Resources Inc's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2013 to 2024. As of September 2025, the ratio stands at -12.2%, reflecting working capital of CA$-557.56K against net assets of CA$4.58 Million CAD. Check how tangible is Apex Resources Inc's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Apex Resources Inc (2013–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Apex Resources Inc from 2013 to 2024, covering 12 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see APX stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -12.2% | CA$-511.50K | CA$4.19 Million | CA$91.17K | CA$602.67K | ▲ +1.2 pp |
| 2023 | -13.4% | CA$-338.08K | CA$2.53 Million | CA$117.40K | CA$455.48K | ▼ -10.8 pp |
| 2022 | -2.6% | CA$-72.78K | CA$2.81 Million | CA$297.98K | CA$370.76K | ▲ +1.3 pp |
| 2021 | -3.9% | CA$-105.30K | CA$2.73 Million | CA$244.84K | CA$350.13K | ▼ -5.9 pp |
| 2020 | 2.1% | CA$64.81K | CA$3.14 Million | CA$225.84K | CA$161.03K | ▲ +0.4 pp |
| 2019 | 1.7% | CA$46.44K | CA$2.71 Million | CA$158.41K | CA$111.97K | ▼ -9.9 pp |
| 2018 | 11.6% | CA$358.37K | CA$3.09 Million | CA$450.12K | CA$91.75K | ▼ -4.5 pp |
| 2017 | 16.1% | CA$555.62K | CA$3.46 Million | CA$614.77K | CA$59.14K | ▲ +8.7 pp |
| 2016 | 7.4% | CA$250.69K | CA$3.40 Million | CA$309.27K | CA$58.59K | ▲ +4.8 pp |
| 2015 | 2.6% | CA$84.32K | CA$3.27 Million | CA$175.87K | CA$91.55K | ▼ -5.1 pp |
| 2014 | 7.7% | CA$494.15K | CA$6.43 Million | CA$551.49K | CA$57.34K | ▲ +9.7 pp |
| 2013 | -2.0% | CA$-141.00K | CA$6.92 Million | CA$122.38K | CA$263.38K | — |