Carespan Health Inc (CSPN) — Working Capital to Net Assets Ratio
Carespan Health Inc (CSPN) has a Working Capital to Net Assets ratio of 100.0% as of March 2025. Working capital of CA$-2.92 Million (current assets of CA$116.81K minus current liabilities of CA$3.04 Million) is measured against net assets of CA$-2.92 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See defensive interval ratio of Carespan Health Inc to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Carespan Health Inc Working Capital to Net Assets (2021–2024)
This chart shows how Carespan Health Inc's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2021 to 2024. As of March 2025, the ratio stands at 100.0%, reflecting working capital of CA$-2.92 Million against net assets of CA$-2.92 Million CAD. For the complete balance sheet picture, see Carespan Health Inc (CSPN) total assets.
Annual Working Capital to Net Assets for Carespan Health Inc (2021–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Carespan Health Inc from 2021 to 2024, covering 4 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. Read how much debt does Carespan Health Inc carry for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 100.0% | CA$-2.82 Million | CA$-2.82 Million | CA$129.39K | CA$2.95 Million | ▲ +0.0 pp |
| 2023 | 100.0% | CA$-2.29 Million | CA$-2.29 Million | CA$226.29K | CA$2.51 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$-885.02K | CA$-885.02K | CA$1.38 Million | CA$2.26 Million | ▼ -9.5 pp |
| 2021 | 109.5% | CA$-765.69K | CA$-699.52K | CA$2.63 Million | CA$3.40 Million | — |