Altair Resources Inc (AVX) — 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. See AVX 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
Altair Resources Inc Working Capital to Net Assets (2014–2025)
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. For the complete balance sheet picture, see AVX current and non-current assets.
Annual Working Capital to Net Assets for Altair Resources Inc (2014–2025)
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. Explore long-term investment intensity of Altair Resources Inc to see how much of total assets are deployed in long-term investments.
| 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 | — |