CMC Metals Ltd (CMB) — 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. See CMB 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
CMC Metals Ltd Working Capital to Net Assets (1998–2024)
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 defensive interval ratio of CMC Metals Ltd to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for CMC Metals Ltd (1998–2024)
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 live market cap and the full company profile, see CMC Metals Ltd stock valuation.
| 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 | — |