Canada Nickel Company Inc Working Capital to Net Assets Ratio
Canada Nickel Company Inc working capital to net assets ratio. Canada Nickel Company Inc (CNC) has a Working Capital to Net Assets ratio of -16.2% as of October 2025. Working capital of CA$-36.38 Million (current assets of CA$2.43 Million minus current liabilities of CA$38.81 Million) is measured against net assets of CA$223.93 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible equity quality of Canada Nickel Company Inc to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Canada Nickel Company Inc (2011–2025)
Working capital to net assets ratio of Canada Nickel Company Inc from 2011 to 2025. This chart shows how Canada Nickel Company Inc's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2011 to 2025. As of October 2025, the ratio stands at -16.2%, reflecting working capital of CA$-36.38 Million against net assets of CA$223.93 Million CAD. See CNC defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Canada Nickel Company Inc Working Capital to Net Assets Ratio by Year (2011–2025)
Canada Nickel Company Inc working capital to net assets ratio by year from 2011 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Canada Nickel Company Inc from 2011 to 2025, covering 13 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see CNC current and non-current assets.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -16.2% | CA$-36.38 Million | CA$223.93 Million | CA$2.43 Million | CA$38.81 Million | ▲ +4.1 pp |
| 2024 | -20.3% | CA$-41.70 Million | CA$205.38 Million | CA$13.89 Million | CA$55.59 Million | ▼ -17.5 pp |
| 2023 | -2.8% | CA$-4.39 Million | CA$156.04 Million | CA$16.79 Million | CA$21.18 Million | ▲ +4.9 pp |
| 2022 | -7.7% | CA$-9.20 Million | CA$118.83 Million | CA$15.02 Million | CA$24.22 Million | ▼ -6.6 pp |
| 2021 | -1.1% | CA$-533.48K | CA$47.30 Million | CA$7.42 Million | CA$7.95 Million | ▼ -36.4 pp |
| 2020 | 35.3% | CA$11.07 Million | CA$31.39 Million | CA$12.83 Million | CA$1.76 Million | ▼ -59.7 pp |
| 2017 | 95.0% | CA$-600.45K | CA$-632.26K | CA$227.00K | CA$827.45K | ▲ +128.2 pp |
| 2016 | -33.2% | CA$108.85K | CA$-327.53K | CA$401.60K | CA$292.75K | ▼ -149.2 pp |
| 2015 | 115.9% | CA$-247.13K | CA$-213.17K | CA$168.67K | CA$415.79K | ▲ +127.5 pp |
| 2014 | -11.6% | CA$-15.67K | CA$135.53K | CA$118.78K | CA$134.45K | ▼ -111.6 pp |
| 2013 | 100.0% | CA$-22.39K | CA$-22.39K | CA$44.12K | CA$66.51K | ▲ +126.7 pp |
| 2012 | -26.7% | CA$41.55K | CA$-155.65K | CA$772.52K | CA$730.97K | ▼ -612.3 pp |
| 2011 | 585.6% | CA$490.39K | CA$83.75K | CA$1.27 Million | CA$780.26K | — |