Altair Resources Inc Working Capital to Net Assets Ratio
Altair Resources Inc working capital to net assets ratio. Altair Resources Inc (AVX) has a Working Capital to Net Assets ratio of 100.0% as of December 2025. Working capital of CA$-3.08 Million (current assets of CA$28.22K minus current liabilities of CA$3.11 Million) is measured against net assets of CA$-3.08 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible equity quality of Altair Resources Inc 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 Altair Resources Inc (2014–2025)
Working capital to net assets ratio of Altair Resources Inc from 2014 to 2025. This chart shows how Altair Resources Inc's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2014 to 2025. As of December 2025, the ratio stands at 100.0%, reflecting working capital of CA$-3.08 Million against net assets of CA$-3.08 Million CAD. See AVX cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Altair Resources Inc Working Capital to Net Assets Ratio by Year (2014–2025)
Altair Resources Inc working capital to net assets ratio by year from 2014 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Altair Resources Inc from 2014 to 2025, covering 12 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 balance sheet size of Altair Resources Inc.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 100.0% | CA$-2.87 Million | CA$-2.87 Million | CA$5.66K | CA$2.88 Million | ▲ +0.0 pp |
| 2024 | 100.0% | CA$-2.42 Million | CA$-2.42 Million | CA$7.70K | CA$2.43 Million | ▲ +0.0 pp |
| 2023 | 100.0% | CA$-1.98 Million | CA$-1.98 Million | CA$9.99K | CA$1.99 Million | ▼ -0.3 pp |
| 2022 | 100.3% | CA$-1.68 Million | CA$-1.68 Million | CA$55.56K | CA$1.74 Million | ▲ +43.4 pp |
| 2021 | 56.9% | CA$-690.08K | CA$-1.21 Million | CA$40.70K | CA$730.78K | ▼ -43.1 pp |
| 2020 | 100.0% | CA$-1.22 Million | CA$-1.22 Million | CA$10.28K | CA$1.23 Million | ▼ -90.7 pp |
| 2019 | 190.7% | CA$-1.22 Million | CA$-642.29K | CA$33.84K | CA$1.26 Million | ▲ +213.3 pp |
| 2018 | -22.7% | CA$-235.86K | CA$1.04 Million | CA$151.53K | CA$387.40K | ▼ -14.5 pp |
| 2017 | -8.2% | CA$-171.72K | CA$2.08 Million | CA$374.44K | CA$546.16K | ▼ -108.2 pp |
| 2016 | 100.0% | CA$-117.34K | CA$-117.34K | CA$46.07K | CA$163.41K | ▼ -3.1 pp |
| 2015 | 103.1% | CA$-120.74K | CA$-117.06K | CA$3.39K | CA$124.13K | ▲ +105.3 pp |
| 2014 | -2.2% | CA$-41.91K | CA$1.90 Million | CA$101.41K | CA$143.31K | — |