Callinex Mines (CNX) — Working Capital to Net Assets Ratio
Callinex Mines (CNX) has a Working Capital to Net Assets ratio of -2.6% as of June 2025. Working capital of CA$-1.02 Million (current assets of CA$272.60K minus current liabilities of CA$1.29 Million) is measured against net assets of CA$39.79 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See CNX equity financing ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Callinex Mines Working Capital to Net Assets (2011–2024)
This chart shows how Callinex Mines's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2011 to 2024. As of June 2025, the ratio stands at -2.6%, reflecting working capital of CA$-1.02 Million against net assets of CA$39.79 Million CAD. Check CNX tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Callinex Mines (2011–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Callinex Mines from 2011 to 2024, covering 14 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 how much is Callinex Mines worth.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 1.9% | CA$765.15K | CA$40.03 Million | CA$1.90 Million | CA$1.13 Million | ▼ -2.9 pp |
| 2023 | 4.9% | CA$1.89 Million | CA$38.86 Million | CA$2.35 Million | CA$463.76K | ▲ +2.9 pp |
| 2022 | 1.9% | CA$632.78K | CA$33.11 Million | CA$1.35 Million | CA$715.65K | ▼ -3.4 pp |
| 2021 | 5.3% | CA$1.52 Million | CA$28.44 Million | CA$3.14 Million | CA$1.63 Million | ▲ +4.4 pp |
| 2020 | 0.9% | CA$198.43K | CA$21.53 Million | CA$761.25K | CA$562.83K | ▼ -12.0 pp |
| 2019 | 12.9% | CA$2.80 Million | CA$21.77 Million | CA$2.98 Million | CA$183.04K | ▼ -2.8 pp |
| 2018 | 15.7% | CA$3.42 Million | CA$21.80 Million | CA$3.83 Million | CA$409.53K | ▼ -10.8 pp |
| 2017 | 26.5% | CA$5.90 Million | CA$22.25 Million | CA$6.41 Million | CA$509.72K | ▲ +1.5 pp |
| 2016 | 25.0% | CA$4.17 Million | CA$16.67 Million | CA$4.42 Million | CA$245.22K | ▼ -0.8 pp |
| 2015 | 25.8% | CA$3.44 Million | CA$13.30 Million | CA$3.96 Million | CA$520.04K | ▲ +19.2 pp |
| 2014 | 6.6% | CA$873.45K | CA$13.16 Million | CA$994.36K | CA$120.91K | ▼ -3.4 pp |
| 2013 | 10.1% | CA$2.99 Million | CA$29.64 Million | CA$3.09 Million | CA$100.31K | ▼ -4.9 pp |
| 2012 | 15.0% | CA$4.54 Million | CA$30.37 Million | CA$5.24 Million | CA$698.93K | ▼ -11.9 pp |
| 2011 | 26.8% | CA$8.48 Million | CA$31.58 Million | CA$10.33 Million | CA$1.86 Million | — |