CubicFarm Systems Corp Working Capital to Net Assets Ratio
CubicFarm Systems Corp 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. Check CubicFarm Systems Corp tangible book value ratio 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 CubicFarm Systems Corp (2018–2024)
Working capital to net assets ratio of CubicFarm Systems Corp from 2018 to 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. See CubicFarm Systems Corp defensive interval ratio to measure how many days the company can operate on defensive assets alone.
CubicFarm Systems Corp Working Capital to Net Assets Ratio by Year (2018–2024)
CubicFarm Systems Corp working capital to net assets ratio by year from 2018 to 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. For the complete balance sheet picture, see CUB asset base.
| 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 | — |