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 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
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. For the complete balance sheet picture, see Altima Resources Ltd asset portfolio.
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. Read ARH total liabilities for a breakdown of total debt and financial obligations.
| 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 | — |