Commerce Resources Corp. Working Capital to Net Assets Ratio
Commerce Resources Corp. working capital to net assets ratio. Commerce Resources Corp. (CCE) has a Working Capital to Net Assets ratio of -2.5% as of April 2025. Working capital of CA$-1.26 Million (current assets of CA$1.28 Million minus current liabilities of CA$2.54 Million) is measured against net assets of CA$51.06 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible equity quality of Commerce Resources Corp. to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Commerce Resources Corp. (2001–2024)
Working capital to net assets ratio of Commerce Resources Corp. from 2001 to 2024. This chart shows how Commerce Resources Corp.'s Working Capital to Net Assets ratio has evolved across 24 annual periods from 2001 to 2024. As of April 2025, the ratio stands at -2.5%, reflecting working capital of CA$-1.26 Million against net assets of CA$51.06 Million CAD. See Commerce Resources Corp. (CCE) defensive interval to measure how many days the company can operate on defensive assets alone.
Commerce Resources Corp. Working Capital to Net Assets Ratio by Year (2001–2024)
Commerce Resources Corp. working capital to net assets ratio by year from 2001 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Commerce Resources Corp. from 2001 to 2024, covering 24 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 CCE total assets.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 4.5% | CA$2.40 Million | CA$53.10 Million | CA$3.98 Million | CA$1.58 Million | ▼ -0.7 pp |
| 2023 | 5.2% | CA$3.98 Million | CA$76.72 Million | CA$4.45 Million | CA$476.44K | ▲ +4.7 pp |
| 2022 | 0.5% | CA$346.31K | CA$71.59 Million | CA$1.82 Million | CA$1.47 Million | ▼ -4.8 pp |
| 2021 | 5.3% | CA$3.72 Million | CA$70.22 Million | CA$4.70 Million | CA$982.53K | ▲ +4.8 pp |
| 2020 | 0.5% | CA$300.02K | CA$62.73 Million | CA$1.40 Million | CA$1.10 Million | ▲ +0.5 pp |
| 2019 | 0.0% | CA$-5.63K | CA$61.89 Million | CA$1.07 Million | CA$1.08 Million | ▲ +3.1 pp |
| 2018 | -3.1% | CA$-1.87 Million | CA$59.91 Million | CA$273.24K | CA$2.14 Million | ▼ -1.3 pp |
| 2017 | -1.9% | CA$-1.13 Million | CA$60.62 Million | CA$347.29K | CA$1.47 Million | ▲ +1.5 pp |
| 2016 | -3.3% | CA$-1.97 Million | CA$58.85 Million | CA$570.86K | CA$2.54 Million | ▲ +0.3 pp |
| 2015 | -3.6% | CA$-2.08 Million | CA$57.24 Million | CA$425.80K | CA$2.50 Million | ▼ -12.4 pp |
| 2014 | 8.7% | CA$4.98 Million | CA$56.92 Million | CA$6.18 Million | CA$1.20 Million | ▲ +4.1 pp |
| 2013 | 4.6% | CA$2.40 Million | CA$51.74 Million | CA$3.01 Million | CA$608.87K | ▼ -5.5 pp |
| 2012 | 10.1% | CA$5.11 Million | CA$50.36 Million | CA$6.64 Million | CA$1.53 Million | ▼ -6.0 pp |
| 2011 | 16.2% | CA$8.30 Million | CA$51.26 Million | CA$11.52 Million | CA$3.22 Million | ▼ -10.4 pp |
| 2010 | 26.6% | CA$11.45 Million | CA$43.05 Million | CA$12.64 Million | CA$1.19 Million | ▼ -13.5 pp |
| 2009 | 40.1% | CA$17.95 Million | CA$44.71 Million | CA$18.32 Million | CA$377.69K | ▲ +3.3 pp |
| 2008 | 36.9% | CA$14.39 Million | CA$39.02 Million | CA$16.58 Million | CA$2.19 Million | ▼ -30.1 pp |
| 2007 | 67.0% | CA$29.20 Million | CA$43.56 Million | CA$29.43 Million | CA$233.90K | ▲ +5.4 pp |
| 2006 | 61.6% | CA$3.45 Million | CA$5.61 Million | CA$3.56 Million | CA$106.48K | ▲ +61.5 pp |
| 2005 | 0.1% | CA$1.03K | CA$1.17 Million | CA$109.77K | CA$108.74K | ▲ +9.0 pp |
| 2004 | -8.9% | CA$-83.59K | CA$940.61K | CA$111.50K | CA$195.09K | ▲ +9.1 pp |
| 2003 | -18.0% | CA$-156.60K | CA$871.49K | CA$89.23K | CA$245.83K | ▼ -12.2 pp |
| 2002 | -5.8% | CA$-72.88K | CA$1.26 Million | CA$186.72K | CA$259.60K | ▲ +15.8 pp |
| 2001 | -21.6% | CA$-254.23K | CA$1.18 Million | CA$89.98K | CA$344.21K | — |