CubicFarm Systems Corp (CUB) — Working Capital to Net Assets Ratio
CubicFarm Systems Corp (CUB) has a Working Capital to Net Assets ratio of 100.3% as of September 2024. Working capital of CA$-28.01 Million (current assets of CA$11.18 Million minus current liabilities of CA$39.19 Million) is measured against net assets of CA$-27.93 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See CUB defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
CubicFarm Systems Corp Working Capital to Net Assets (2018–2024)
This chart shows how CubicFarm Systems Corp's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2018 to 2024. As of September 2024, the ratio stands at 100.3%, reflecting working capital of CA$-28.01 Million against net assets of CA$-27.93 Million CAD. For the complete balance sheet picture, see CUB total asset value.
Annual Working Capital to Net Assets for CubicFarm Systems Corp (2018–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for CubicFarm Systems Corp from 2018 to 2024, 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. Explore CubicFarm Systems Corp (CUB) long-term investment share to see how much of total assets are deployed in long-term investments.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 97.9% | CA$-23.48 Million | CA$-23.98 Million | CA$11.09 Million | CA$34.58 Million | ▲ +78.6 pp |
| 2023 | 19.3% | CA$-1.93 Million | CA$-9.97 Million | CA$20.82 Million | CA$22.75 Million | ▼ -42.9 pp |
| 2022 | 62.2% | CA$25.57 Million | CA$41.09 Million | CA$35.35 Million | CA$9.78 Million | ▲ +18.2 pp |
| 2020 | 44.0% | CA$6.33 Million | CA$14.38 Million | CA$10.12 Million | CA$3.78 Million | ▼ -20.7 pp |
| 2019 | 64.7% | CA$9.18 Million | CA$14.17 Million | CA$13.11 Million | CA$3.93 Million | ▼ -31.0 pp |
| 2018 | 95.7% | CA$3.34 Million | CA$3.49 Million | CA$4.48 Million | CA$1.14 Million | — |