Awale Resources Ltd (ARIC) — Working Capital to Net Assets Ratio
Awale Resources Ltd (ARIC) has a Working Capital to Net Assets ratio of 53.5% as of September 2025. Working capital of CA$9.74 Million (current assets of CA$11.49 Million minus current liabilities of CA$1.75 Million) is measured against net assets of CA$18.22 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can Awale Resources Ltd fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Awale Resources Ltd Working Capital to Net Assets (2015–2024)
This chart shows how Awale Resources Ltd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2015 to 2024. As of September 2025, the ratio stands at 53.5%, reflecting working capital of CA$9.74 Million against net assets of CA$18.22 Million CAD. For the complete balance sheet picture, see Awale Resources Ltd assets under control.
Annual Working Capital to Net Assets for Awale Resources Ltd (2015–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Awale Resources Ltd from 2015 to 2024, covering 10 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 ARIC liabilities breakdown for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 53.5% | CA$6.51 Million | CA$12.16 Million | CA$7.37 Million | CA$856.80K | ▲ +51.5 pp |
| 2023 | 2.0% | CA$109.32K | CA$5.53 Million | CA$1.50 Million | CA$1.39 Million | ▲ +51.0 pp |
| 2022 | -49.0% | CA$-1.74 Million | CA$3.56 Million | CA$489.79K | CA$2.23 Million | ▼ -39.7 pp |
| 2021 | -9.2% | CA$-1.04 Million | CA$11.21 Million | CA$99.10K | CA$1.14 Million | ▼ -3.5 pp |
| 2020 | -5.7% | CA$-564.07K | CA$9.84 Million | CA$760.57K | CA$1.32 Million | ▼ -14.6 pp |
| 2019 | 8.9% | CA$671.00K | CA$7.57 Million | CA$1.55 Million | CA$876.35K | ▲ +6.3 pp |
| 2018 | 2.6% | CA$126.27K | CA$4.91 Million | CA$370.38K | CA$244.11K | ▼ -58.8 pp |
| 2017 | 61.4% | CA$2.45 Million | CA$3.98 Million | CA$3.19 Million | CA$741.66K | ▼ -38.6 pp |
| 2016 | 100.0% | CA$288.41K | CA$288.41K | CA$297.96K | CA$9.55K | ▲ +0.0 pp |
| 2015 | 100.0% | CA$193.44K | CA$193.44K | CA$205.04K | CA$11.60K | — |