Canadian North Resources Inc. Working Capital to Net Assets Ratio
Canadian North Resources Inc. working capital to net assets ratio. Canadian North Resources Inc. (CNRI) has a Working Capital to Net Assets ratio of -3.0% as of June 2026. Working capital of CA$-1.29 Million (current assets of CA$225.59K minus current liabilities of CA$1.52 Million) is measured against net assets of CA$42.37 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Canadian North Resources Inc. (2020–2025)
Working capital to net assets ratio of Canadian North Resources Inc. from 2020 to 2025. This chart shows how Canadian North Resources Inc.'s Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of June 2026, the ratio stands at -3.0%, reflecting working capital of CA$-1.29 Million against net assets of CA$42.37 Million CAD. See how many days can Canadian North Resources Inc. fund operations to measure how many days the company can operate on defensive assets alone.
Canadian North Resources Inc. Working Capital to Net Assets Ratio by Year (2020–2025)
Canadian North Resources Inc. working capital to net assets ratio by year from 2020 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Canadian North Resources Inc. from 2020 to 2025, covering 6 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see CNRI asset base.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -2.0% | CA$-836.76K | CA$42.63 Million | CA$208.52K | CA$1.05 Million | ▼ -4.1 pp |
| 2024 | 2.2% | CA$933.42K | CA$43.36 Million | CA$1.89 Million | CA$951.84K | ▼ -9.5 pp |
| 2023 | 11.6% | CA$5.22 Million | CA$45.00 Million | CA$6.29 Million | CA$1.07 Million | ▼ -16.7 pp |
| 2022 | 28.3% | CA$8.82 Million | CA$31.13 Million | CA$12.33 Million | CA$3.51 Million | ▼ -44.6 pp |
| 2021 | 72.9% | CA$16.79 Million | CA$23.04 Million | CA$19.06 Million | CA$2.27 Million | ▲ +74.8 pp |
| 2020 | -1.9% | CA$-50.40K | CA$2.59 Million | CA$1.60 Million | CA$1.66 Million | — |