AXMIN Inc. (AXM) — Working Capital to Net Assets Ratio
AXMIN Inc. (AXM) has a Working Capital to Net Assets ratio of 107.1% as of September 2023. Working capital of CA$-893.99K (current assets of CA$14.61K minus current liabilities of CA$908.61K) is measured against net assets of CA$-834.75K. A higher ratio indicates strong short-term liquidity financed by the equity base. See AXMIN Inc. financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
AXMIN Inc. Working Capital to Net Assets (2013–2022)
This chart shows how AXMIN Inc.'s Working Capital to Net Assets ratio has evolved across 10 annual periods from 2013 to 2022. As of September 2023, the ratio stands at 107.1%, reflecting working capital of CA$-893.99K against net assets of CA$-834.75K CAD. See AXM cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for AXMIN Inc. (2013–2022)
The table below presents the year-by-year Working Capital to Net Assets ratio for AXMIN Inc. from 2013 to 2022, 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 live market cap and the full company profile, see AXMIN Inc. (AXM) total market value.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | 115.1% | CA$-601.13K | CA$-522.41K | CA$20.77K | CA$621.90K | ▼ -27.5 pp |
| 2021 | 142.6% | CA$-374.20K | CA$-262.50K | CA$247.09K | CA$621.29K | ▲ +99.0 pp |
| 2020 | 43.5% | CA$118.79K | CA$272.84K | CA$680.01K | CA$561.22K | ▼ -37.5 pp |
| 2019 | 81.0% | CA$761.35K | CA$939.56K | CA$1.30 Million | CA$541.10K | ▼ -19.0 pp |
| 2018 | 100.0% | CA$935.82K | CA$935.82K | CA$1.38 Million | CA$444.78K | ▲ +0.0 pp |
| 2017 | 100.0% | CA$-1.22 Million | CA$-1.22 Million | CA$1.74 Million | CA$2.95 Million | ▲ +0.0 pp |
| 2016 | 100.0% | CA$-2.44 Million | CA$-2.44 Million | CA$516.12K | CA$2.95 Million | ▲ +0.0 pp |
| 2015 | 100.0% | CA$-2.17 Million | CA$-2.17 Million | CA$347.50K | CA$2.52 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$-2.73 Million | CA$-2.73 Million | CA$61.39K | CA$2.79 Million | ▼ -3.1 pp |
| 2013 | 103.1% | CA$-2.13 Million | CA$-2.07 Million | CA$504.81K | CA$2.64 Million | — |