Cornish Metals Inc. (CUSN) — Working Capital to Net Assets Ratio
Cornish Metals Inc. (CUSN) has a Working Capital to Net Assets ratio of 30.2% as of July 2025. Working capital of CA$58.14 Million (current assets of CA$64.50 Million minus current liabilities of CA$6.36 Million) is measured against net assets of CA$192.27 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Cornish Metals Inc. (CUSN) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Cornish Metals Inc. Working Capital to Net Assets (2000–2025)
This chart shows how Cornish Metals Inc.'s Working Capital to Net Assets ratio has evolved across 26 annual periods from 2000 to 2025. As of July 2025, the ratio stands at 30.2%, reflecting working capital of CA$58.14 Million against net assets of CA$192.27 Million CAD. For the complete balance sheet picture, see total assets of Cornish Metals Inc..
Annual Working Capital to Net Assets for Cornish Metals Inc. (2000–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Cornish Metals Inc. from 2000 to 2025, covering 26 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check how resilient are Cornish Metals Inc.'s assets to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -1.4% | CA$-1.35 Million | CA$95.94 Million | CA$16.30 Million | CA$17.65 Million | ▼ -29.3 pp |
| 2024 | 27.9% | CA$25.10 Million | CA$90.09 Million | CA$30.16 Million | CA$5.06 Million | ▼ -34.9 pp |
| 2023 | 62.7% | CA$56.75 Million | CA$90.46 Million | CA$59.24 Million | CA$2.50 Million | ▲ +52.2 pp |
| 2022 | 10.5% | CA$2.18 Million | CA$20.71 Million | CA$8.84 Million | CA$6.66 Million | ▼ -5.0 pp |
| 2021 | 15.5% | CA$1.30 Million | CA$8.33 Million | CA$2.26 Million | CA$967.51K | ▼ -2.1 pp |
| 2020 | 17.6% | CA$1.24 Million | CA$7.06 Million | CA$1.93 Million | CA$688.88K | ▼ -25.0 pp |
| 2019 | 42.6% | CA$3.76 Million | CA$8.82 Million | CA$4.03 Million | CA$270.02K | ▼ -48.9 pp |
| 2018 | 91.6% | CA$7.54 Million | CA$8.24 Million | CA$8.16 Million | CA$619.60K | ▲ +65.9 pp |
| 2017 | 25.6% | CA$1.80 Million | CA$7.04 Million | CA$2.08 Million | CA$276.36K | ▼ -11.1 pp |
| 2016 | 36.7% | CA$425.00K | CA$1.16 Million | CA$644.47K | CA$219.47K | ▲ +36.4 pp |
| 2015 | 0.3% | CA$2.11K | CA$621.71K | CA$95.26K | CA$93.15K | ▼ -1.1 pp |
| 2014 | 1.4% | CA$10.17K | CA$726.13K | CA$137.67K | CA$127.50K | ▼ -1.8 pp |
| 2013 | 3.2% | CA$114.11K | CA$3.61 Million | CA$269.66K | CA$155.55K | ▲ +1.3 pp |
| 2012 | 1.8% | CA$265.56K | CA$14.61 Million | CA$351.70K | CA$86.15K | ▼ -21.5 pp |
| 2011 | 23.3% | CA$3.79 Million | CA$16.24 Million | CA$3.96 Million | CA$171.11K | ▲ +7.3 pp |
| 2010 | 16.1% | CA$2.27 Million | CA$14.09 Million | CA$2.40 Million | CA$132.57K | ▲ +6.2 pp |
| 2009 | 9.9% | CA$1.35 Million | CA$13.67 Million | CA$1.49 Million | CA$134.54K | ▼ -19.0 pp |
| 2008 | 28.9% | CA$5.17 Million | CA$17.88 Million | CA$5.39 Million | CA$213.26K | ▼ -25.4 pp |
| 2007 | 54.3% | CA$9.59 Million | CA$17.66 Million | CA$9.97 Million | CA$379.74K | ▲ +47.6 pp |
| 2006 | 6.7% | CA$575.73K | CA$8.55 Million | CA$785.21K | CA$209.48K | ▼ -3.3 pp |
| 2005 | 10.0% | CA$901.47K | CA$8.97 Million | CA$1.10 Million | CA$200.00K | ▼ -2.4 pp |
| 2004 | 12.4% | CA$1.12 Million | CA$9.00 Million | CA$1.34 Million | CA$226.72K | ▼ -20.2 pp |
| 2003 | 32.6% | CA$736.62K | CA$2.26 Million | CA$811.23K | CA$74.61K | ▲ +34.2 pp |
| 2002 | -1.7% | CA$-30.17K | CA$1.82 Million | CA$91.81K | CA$121.97K | ▲ +0.7 pp |
| 2001 | -2.4% | CA$-38.88K | CA$1.64 Million | CA$112.27K | CA$151.15K | ▲ +15.6 pp |
| 2000 | -18.0% | CA$-200.41K | CA$1.12 Million | CA$108.77K | CA$309.18K | — |