Altima Resources Ltd (ARH) — Working Capital to Net Assets Ratio
Altima Resources Ltd (ARH) has a Working Capital to Net Assets ratio of 105.7% as of November 2024. Working capital of CA$-11.16 Million (current assets of CA$2.17 Million minus current liabilities of CA$13.33 Million) is measured against net assets of CA$-10.56 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See ARH financial flexibility score to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Altima Resources Ltd Working Capital to Net Assets (2013–2023)
This chart shows how Altima Resources Ltd's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2013 to 2023. As of November 2024, the ratio stands at 105.7%, reflecting working capital of CA$-11.16 Million against net assets of CA$-10.56 Million CAD. See Altima Resources Ltd (ARH) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Altima Resources Ltd (2013–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Altima Resources Ltd from 2013 to 2023, covering 11 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 ARH stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 111.4% | CA$-10.95 Million | CA$-9.83 Million | CA$1.07 Million | CA$12.02 Million | ▼ -9.5 pp |
| 2022 | 120.9% | CA$-9.63 Million | CA$-7.96 Million | CA$582.90K | CA$10.21 Million | ▲ +36.3 pp |
| 2021 | 84.6% | CA$-7.17 Million | CA$-8.47 Million | CA$1.19 Million | CA$8.36 Million | ▼ -89.2 pp |
| 2020 | 173.9% | CA$-6.50 Million | CA$-3.74 Million | CA$880.55K | CA$7.38 Million | ▲ +76.1 pp |
| 2019 | 97.7% | CA$-3.39 Million | CA$-3.47 Million | CA$35.81K | CA$3.43 Million | ▼ -12.2 pp |
| 2018 | 109.9% | CA$-2.63 Million | CA$-2.40 Million | CA$47.13K | CA$2.68 Million | ▼ -52.4 pp |
| 2017 | 162.3% | CA$-6.99 Million | CA$-4.31 Million | CA$77.17K | CA$7.07 Million | ▲ +34.1 pp |
| 2016 | 128.2% | CA$-10.90 Million | CA$-8.50 Million | CA$31.13K | CA$10.93 Million | ▲ +220.6 pp |
| 2015 | -92.4% | CA$-7.03 Million | CA$7.61 Million | CA$1.37 Million | CA$8.40 Million | ▼ -54.4 pp |
| 2014 | -38.0% | CA$-7.05 Million | CA$18.57 Million | CA$3.57 Million | CA$10.62 Million | ▼ -33.0 pp |
| 2013 | -5.0% | CA$-973.30K | CA$19.56 Million | CA$1.54 Million | CA$2.51 Million | — |