CaNickel Mining Ltd Working Capital to Net Assets Ratio
CaNickel Mining Ltd working capital to net assets ratio. CaNickel Mining Ltd (CML) has a Working Capital to Net Assets ratio of 119.8% as of March 2025. Working capital of CA$-123.65 Million (current assets of CA$738.72K minus current liabilities of CA$124.39 Million) is measured against net assets of CA$-103.23 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See CML net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of CaNickel Mining Ltd (2013–2024)
Working capital to net assets ratio of CaNickel Mining Ltd from 2013 to 2024. This chart shows how CaNickel Mining Ltd's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2013 to 2024. As of March 2025, the ratio stands at 119.8%, reflecting working capital of CA$-123.65 Million against net assets of CA$-103.23 Million CAD. See CaNickel Mining Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
CaNickel Mining Ltd Working Capital to Net Assets Ratio by Year (2013–2024)
CaNickel Mining Ltd working capital to net assets ratio by year from 2013 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for CaNickel Mining Ltd from 2013 to 2024, covering 12 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 total assets of CaNickel Mining Ltd.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 120.0% | CA$-124.97 Million | CA$-104.14 Million | CA$842.57K | CA$125.82 Million | ▲ +22.0 pp |
| 2023 | 98.0% | CA$-103.91 Million | CA$-106.07 Million | CA$574.51K | CA$104.48 Million | ▼ -1.2 pp |
| 2022 | 99.2% | CA$-97.44 Million | CA$-98.26 Million | CA$83.68K | CA$97.52 Million | ▼ -3.5 pp |
| 2021 | 102.6% | CA$-91.15 Million | CA$-88.82 Million | CA$188.85K | CA$91.33 Million | ▲ +0.5 pp |
| 2020 | 102.1% | CA$-103.50 Million | CA$-101.34 Million | CA$446.14K | CA$103.95 Million | ▼ -3.1 pp |
| 2019 | 105.2% | CA$-95.57 Million | CA$-90.83 Million | CA$432.81K | CA$96.01 Million | ▼ -9.0 pp |
| 2018 | 114.2% | CA$-110.72 Million | CA$-96.97 Million | CA$28.32K | CA$110.75 Million | ▼ -4.5 pp |
| 2017 | 118.7% | CA$-94.46 Million | CA$-79.57 Million | CA$49.47K | CA$94.51 Million | ▲ +10.4 pp |
| 2016 | 108.3% | CA$-80.81 Million | CA$-74.60 Million | CA$86.19K | CA$80.89 Million | ▼ -2.8 pp |
| 2015 | 111.1% | CA$-74.59 Million | CA$-67.13 Million | CA$258.52K | CA$74.85 Million | ▼ -94.3 pp |
| 2014 | 205.4% | CA$-56.49 Million | CA$-27.50 Million | CA$850.47K | CA$57.34 Million | ▼ -60.1 pp |
| 2013 | 265.5% | CA$-50.11 Million | CA$-18.87 Million | CA$821.02K | CA$50.93 Million | — |