Awale Resources Ltd Working Capital to Net Assets Ratio
Awale Resources Ltd 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. Check ARIC tangible net worth ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Awale Resources Ltd (2015–2024)
Working capital to net assets ratio of Awale Resources Ltd from 2015 to 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. See ARIC defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Awale Resources Ltd Working Capital to Net Assets Ratio by Year (2015–2024)
Awale Resources Ltd working capital to net assets ratio by year from 2015 to 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. For the complete balance sheet picture, see ARIC total asset value.
| 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 | — |