MacDonald Mines Exploration Ltd (BMK) — Working Capital to Net Assets Ratio
MacDonald Mines Exploration Ltd (BMK) has a Working Capital to Net Assets ratio of 100.0% as of September 2024. Working capital of CA$-701.66K (current assets of CA$76.87K minus current liabilities of CA$778.53K) is measured against net assets of CA$-701.66K. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is MacDonald Mines Exploration Ltd's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
MacDonald Mines Exploration Ltd Working Capital to Net Assets (2001–2023)
This chart shows how MacDonald Mines Exploration Ltd's Working Capital to Net Assets ratio has evolved across 23 annual periods from 2001 to 2023. As of September 2024, the ratio stands at 100.0%, reflecting working capital of CA$-701.66K against net assets of CA$-701.66K CAD. Check tangible net worth ratio of MacDonald Mines Exploration Ltd to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for MacDonald Mines Exploration Ltd (2001–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for MacDonald Mines Exploration Ltd from 2001 to 2023, covering 23 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 MacDonald Mines Exploration Ltd stock valuation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 100.0% | CA$-468.44K | CA$-468.44K | CA$103.06K | CA$571.50K | ▼ -6.4 pp |
| 2022 | 106.4% | CA$-266.17K | CA$-250.05K | CA$569.50K | CA$835.66K | ▲ +10.8 pp |
| 2021 | 95.7% | CA$1.07 Million | CA$1.11 Million | CA$1.68 Million | CA$615.13K | ▼ -1.9 pp |
| 2020 | 97.6% | CA$2.17 Million | CA$2.23 Million | CA$2.86 Million | CA$691.97K | ▼ -6.6 pp |
| 2019 | 104.2% | CA$-170.41K | CA$-163.56K | CA$1.33 Million | CA$1.50 Million | ▲ +2.4 pp |
| 2018 | 101.8% | CA$-1.28 Million | CA$-1.26 Million | CA$437.23K | CA$1.72 Million | ▼ -24.4 pp |
| 2017 | 126.2% | CA$-126.72K | CA$-100.39K | CA$1.53 Million | CA$1.66 Million | ▲ +25.6 pp |
| 2016 | 100.6% | CA$-714.12K | CA$-709.84K | CA$1.10 Million | CA$1.81 Million | ▲ +0.0 pp |
| 2015 | 100.6% | CA$-1.52 Million | CA$-1.51 Million | CA$45.48K | CA$1.57 Million | ▼ -17.6 pp |
| 2014 | 118.2% | CA$-476.57K | CA$-403.29K | CA$169.09K | CA$645.67K | ▼ -73.7 pp |
| 2013 | 191.9% | CA$-219.05K | CA$-114.14K | CA$305.15K | CA$524.20K | ▲ +184.7 pp |
| 2012 | 7.2% | CA$2.00 Million | CA$27.69 Million | CA$2.74 Million | CA$739.49K | ▲ +4.8 pp |
| 2011 | 2.4% | CA$529.44K | CA$21.65 Million | CA$1.30 Million | CA$767.97K | ▼ -15.4 pp |
| 2010 | 17.9% | CA$4.08 Million | CA$22.82 Million | CA$4.32 Million | CA$238.80K | ▼ -13.8 pp |
| 2009 | 31.7% | CA$5.77 Million | CA$18.21 Million | CA$5.96 Million | CA$187.28K | ▼ -3.6 pp |
| 2008 | 35.3% | CA$5.66 Million | CA$16.03 Million | CA$6.55 Million | CA$883.90K | ▼ -19.9 pp |
| 2007 | 55.2% | CA$11.35 Million | CA$20.55 Million | CA$12.15 Million | CA$794.70K | ▲ +39.7 pp |
| 2006 | 15.6% | CA$912.54K | CA$5.85 Million | CA$1.02 Million | CA$108.49K | ▲ +0.3 pp |
| 2005 | 15.3% | CA$598.53K | CA$3.90 Million | CA$809.58K | CA$211.05K | ▲ +13.5 pp |
| 2004 | 1.8% | CA$54.73K | CA$3.05 Million | CA$312.60K | CA$257.88K | ▼ -34.8 pp |
| 2003 | 36.6% | CA$746.62K | CA$2.04 Million | CA$821.15K | CA$74.53K | ▲ +486.9 pp |
| 2002 | -450.3% | CA$-69.29K | CA$15.39K | CA$30.30K | CA$99.59K | ▼ -777.4 pp |
| 2001 | 327.1% | CA$-977.02K | CA$-298.72K | CA$21.51K | CA$998.53K | — |