Altima Resources Ltd Working Capital to Net Assets Ratio
Altima Resources Ltd 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.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Altima Resources Ltd (2013–2023)
Working capital to net assets ratio of Altima Resources Ltd from 2013 to 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 ARH defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Altima Resources Ltd Working Capital to Net Assets Ratio by Year (2013–2023)
Altima Resources Ltd working capital to net assets ratio by year from 2013 to 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 the complete balance sheet picture, see ARH asset base.
| 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 | — |