Arianne Phosphate Inc (DAN) — Working Capital to Net Assets Ratio
Arianne Phosphate Inc (DAN) has a Working Capital to Net Assets ratio of -195.1% as of September 2025. Working capital of CA$-39.47 Million (current assets of CA$3.03 Million minus current liabilities of CA$42.50 Million) is measured against net assets of CA$20.23 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See DAN cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Arianne Phosphate Inc Working Capital to Net Assets (2001–2024)
This chart shows how Arianne Phosphate Inc's Working Capital to Net Assets ratio has evolved across 24 annual periods from 2001 to 2024. As of September 2025, the ratio stands at -195.1%, reflecting working capital of CA$-39.47 Million against net assets of CA$20.23 Million CAD. For the complete balance sheet picture, see Arianne Phosphate Inc balance sheet assets.
Annual Working Capital to Net Assets for Arianne Phosphate Inc (2001–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Arianne Phosphate Inc from 2001 to 2024, covering 24 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check asset resilience ratio of Arianne Phosphate Inc to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -2.0% | CA$-575.68K | CA$29.49 Million | CA$4.71 Million | CA$5.29 Million | ▼ -5.5 pp |
| 2023 | 3.6% | CA$1.38 Million | CA$38.57 Million | CA$3.49 Million | CA$2.11 Million | ▼ -0.5 pp |
| 2022 | 4.0% | CA$1.48 Million | CA$36.53 Million | CA$3.55 Million | CA$2.07 Million | ▼ -2.1 pp |
| 2021 | 6.2% | CA$2.79 Million | CA$45.27 Million | CA$5.24 Million | CA$2.46 Million | ▲ +159.9 pp |
| 2020 | -153.7% | CA$-36.71 Million | CA$23.88 Million | CA$941.59K | CA$37.65 Million | ▼ -55.1 pp |
| 2019 | -98.7% | CA$-27.37 Million | CA$27.73 Million | CA$586.06K | CA$27.95 Million | ▼ -79.0 pp |
| 2018 | -19.6% | CA$-5.25 Million | CA$26.72 Million | CA$2.54 Million | CA$7.79 Million | ▼ -20.7 pp |
| 2017 | 1.1% | CA$290.62K | CA$27.10 Million | CA$2.22 Million | CA$1.92 Million | ▲ +59.9 pp |
| 2016 | -58.8% | CA$-15.44 Million | CA$26.26 Million | CA$3.93 Million | CA$19.37 Million | ▼ -57.8 pp |
| 2015 | -1.0% | CA$-288.03K | CA$27.94 Million | CA$1.38 Million | CA$1.67 Million | ▲ +31.8 pp |
| 2014 | -32.8% | CA$-9.44 Million | CA$28.77 Million | CA$4.40 Million | CA$13.85 Million | ▼ -59.4 pp |
| 2013 | 26.6% | CA$6.40 Million | CA$24.08 Million | CA$9.12 Million | CA$2.71 Million | ▼ -9.4 pp |
| 2012 | 36.0% | CA$6.95 Million | CA$19.30 Million | CA$8.31 Million | CA$1.36 Million | ▼ -6.0 pp |
| 2011 | 42.1% | CA$7.79 Million | CA$18.52 Million | CA$8.03 Million | CA$238.43K | ▲ +20.2 pp |
| 2010 | 21.9% | CA$1.64 Million | CA$7.47 Million | CA$1.95 Million | CA$318.32K | ▲ +15.1 pp |
| 2009 | 6.8% | CA$443.81K | CA$6.54 Million | CA$686.49K | CA$242.68K | ▼ -5.0 pp |
| 2008 | 11.8% | CA$872.27K | CA$7.42 Million | CA$1.06 Million | CA$183.49K | ▲ +3.1 pp |
| 2007 | 8.7% | CA$689.51K | CA$7.93 Million | CA$914.62K | CA$225.11K | ▼ -3.4 pp |
| 2006 | 12.1% | CA$683.00K | CA$5.67 Million | CA$775.87K | CA$92.87K | ▲ +8.5 pp |
| 2005 | 3.6% | CA$58.11K | CA$1.61 Million | CA$153.49K | CA$95.38K | ▲ +22.6 pp |
| 2004 | -19.0% | CA$-91.88K | CA$484.67K | CA$28.02K | CA$119.89K | ▼ -36.1 pp |
| 2003 | 17.2% | CA$93.78K | CA$545.57K | CA$187.68K | CA$93.89K | ▲ +37.4 pp |
| 2002 | -20.2% | CA$-36.68K | CA$181.32K | CA$125.28K | CA$161.96K | ▼ -63.0 pp |
| 2001 | 42.8% | CA$107.06K | CA$250.06K | CA$157.45K | CA$50.39K | — |