Cathedra Bitcoin Inc (CBIT) — Working Capital to Net Assets Ratio
Cathedra Bitcoin Inc (CBIT) has a Working Capital to Net Assets ratio of 2.4% as of June 2025. Working capital of CA$620.58K (current assets of CA$10.07 Million minus current liabilities of CA$9.45 Million) is measured against net assets of CA$26.38 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can Cathedra Bitcoin Inc fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Cathedra Bitcoin Inc Working Capital to Net Assets (2017–2024)
This chart shows how Cathedra Bitcoin Inc's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of June 2025, the ratio stands at 2.4%, reflecting working capital of CA$620.58K against net assets of CA$26.38 Million CAD. For the complete balance sheet picture, see total assets of Cathedra Bitcoin Inc.
Annual Working Capital to Net Assets for Cathedra Bitcoin Inc (2017–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Cathedra Bitcoin Inc from 2017 to 2024, covering 8 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. Check CBIT cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 34.2% | CA$15.00 Million | CA$43.80 Million | CA$40.95 Million | CA$25.96 Million | ▲ +32.4 pp |
| 2023 | 1.9% | CA$173.43K | CA$9.25 Million | CA$3.98 Million | CA$3.81 Million | ▼ -123.9 pp |
| 2022 | 125.8% | CA$6.01 Million | CA$4.77 Million | CA$8.47 Million | CA$2.46 Million | ▲ +28.2 pp |
| 2021 | 97.6% | CA$33.76 Million | CA$34.59 Million | CA$38.40 Million | CA$4.63 Million | ▲ +15.5 pp |
| 2020 | 82.1% | CA$13.16 Million | CA$16.03 Million | CA$13.54 Million | CA$373.84K | ▼ -12.7 pp |
| 2019 | 94.9% | CA$10.46 Million | CA$11.03 Million | CA$10.67 Million | CA$202.13K | ▲ +3.1 pp |
| 2018 | 91.8% | CA$10.57 Million | CA$11.51 Million | CA$10.79 Million | CA$217.79K | ▲ +96.5 pp |
| 2017 | -4.7% | CA$-24.49K | CA$522.34K | CA$4.84 Million | CA$4.87 Million | — |