CMC Metals Ltd Working Capital to Net Assets Ratio
CMC Metals Ltd working capital to net assets ratio. CMC Metals Ltd (CMB) has a Working Capital to Net Assets ratio of 67.2% as of December 2024. Working capital of CA$328.52K (current assets of CA$929.40K minus current liabilities of CA$600.88K) is measured against net assets of CA$489.10K. A higher ratio indicates strong short-term liquidity financed by the equity base. Check CMC Metals Ltd tangible equity quality 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 CMC Metals Ltd (1998–2024)
Working capital to net assets ratio of CMC Metals Ltd from 1998 to 2024. This chart shows how CMC Metals Ltd's Working Capital to Net Assets ratio has evolved across 27 annual periods from 1998 to 2024. As of December 2024, the ratio stands at 67.2%, reflecting working capital of CA$328.52K against net assets of CA$489.10K CAD. See CMB cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
CMC Metals Ltd Working Capital to Net Assets Ratio by Year (1998–2024)
CMC Metals Ltd working capital to net assets ratio by year from 1998 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for CMC Metals Ltd from 1998 to 2024, covering 27 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 CMC Metals Ltd balance sheet assets.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 53.5% | CA$193.70K | CA$361.81K | CA$909.45K | CA$715.74K | ▼ -42.2 pp |
| 2023 | 95.8% | CA$-578.07K | CA$-603.54K | CA$364.00K | CA$942.06K | ▼ -71.8 pp |
| 2022 | 167.6% | CA$298.68K | CA$178.23K | CA$1.22 Million | CA$925.07K | ▲ +75.2 pp |
| 2021 | 92.3% | CA$-181.42K | CA$-196.47K | CA$617.14K | CA$798.56K | ▼ -97.9 pp |
| 2020 | 190.3% | CA$-499.87K | CA$-262.71K | CA$436.54K | CA$936.41K | ▲ +71.3 pp |
| 2019 | 119.0% | CA$-1.63 Million | CA$-1.37 Million | CA$386.16K | CA$2.02 Million | ▲ +3.5 pp |
| 2018 | 115.5% | CA$-1.94 Million | CA$-1.68 Million | CA$99.69K | CA$2.04 Million | ▲ +5.4 pp |
| 2017 | 110.1% | CA$-2.81 Million | CA$-2.55 Million | CA$87.05K | CA$2.90 Million | ▼ -3.1 pp |
| 2016 | 113.1% | CA$-2.43 Million | CA$-2.15 Million | CA$248.56K | CA$2.68 Million | ▲ +2.1 pp |
| 2015 | 111.1% | CA$-2.61 Million | CA$-2.35 Million | CA$52.18K | CA$2.67 Million | ▲ +239.7 pp |
| 2014 | -128.7% | CA$-1.71 Million | CA$1.33 Million | CA$81.44K | CA$1.79 Million | ▼ -101.4 pp |
| 2013 | -27.3% | CA$-1.30 Million | CA$4.75 Million | CA$347.23K | CA$1.64 Million | ▼ -8.3 pp |
| 2012 | -19.0% | CA$-1.39 Million | CA$7.33 Million | CA$56.09K | CA$1.45 Million | ▼ -24.8 pp |
| 2011 | 5.8% | CA$481.77K | CA$8.31 Million | CA$1.23 Million | CA$746.58K | ▲ +8.0 pp |
| 2010 | -2.2% | CA$-135.63K | CA$6.19 Million | CA$119.99K | CA$255.61K | ▲ +1.2 pp |
| 2009 | -3.4% | CA$-181.63K | CA$5.28 Million | CA$152.61K | CA$334.25K | ▲ +20.0 pp |
| 2008 | -23.4% | CA$-1.05 Million | CA$4.50 Million | CA$93.20K | CA$1.15 Million | ▼ -23.1 pp |
| 2007 | -0.4% | CA$-11.30K | CA$3.15 Million | CA$1.03 Million | CA$1.05 Million | ▼ -24.3 pp |
| 2006 | 23.9% | CA$535.69K | CA$2.24 Million | CA$854.58K | CA$318.89K | ▼ -25.6 pp |
| 2005 | 49.5% | CA$799.86K | CA$1.62 Million | CA$1.08 Million | CA$278.86K | ▼ -50.5 pp |
| 2004 | 100.0% | CA$7.77K | CA$7.77K | CA$30.71K | CA$22.93K | ▲ +0.0 pp |
| 2003 | 100.0% | CA$-199.63K | CA$-199.63K | CA$2.83K | CA$202.46K | ▲ +0.0 pp |
| 2002 | 100.0% | CA$-154.82K | CA$-154.82K | CA$3.94K | CA$158.76K | ▲ +0.0 pp |
| 2001 | 100.0% | CA$-102.12K | CA$-102.12K | CA$9.24K | CA$111.36K | ▲ +0.0 pp |
| 2000 | 100.0% | CA$-29.08K | CA$-29.08K | CA$5.83K | CA$34.90K | ▲ +82.1 pp |
| 1999 | 17.9% | CA$-81.95K | CA$-458.34K | CA$1.12 Million | CA$1.20 Million | ▼ -81.9 pp |
| 1998 | 99.8% | CA$251.49K | CA$252.03K | CA$260.51K | CA$9.03K | — |