Defense Metals Corp (DEFN) — Working Capital to Net Assets Ratio
Defense Metals Corp (DEFN) has a Working Capital to Net Assets ratio of 18.4% as of March 2026. Working capital of CA$11.20 Million (current assets of CA$13.11 Million minus current liabilities of CA$1.91 Million) is measured against net assets of CA$60.83 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can Defense Metals Corp fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Defense Metals Corp Working Capital to Net Assets (2017–2026)
This chart shows how Defense Metals Corp's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2017 to 2026. As of March 2026, the ratio stands at 18.4%, reflecting working capital of CA$11.20 Million against net assets of CA$60.83 Million CAD. For the complete balance sheet picture, see DEFN total assets.
Annual Working Capital to Net Assets for Defense Metals Corp (2017–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Defense Metals Corp from 2017 to 2026, covering 10 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 long-term investment intensity of Defense Metals Corp 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) |
|---|---|---|---|---|---|---|
| 2026 | 18.4% | CA$11.20 Million | CA$60.83 Million | CA$13.11 Million | CA$1.91 Million | ▲ +38.5 pp |
| 2025 | -20.1% | CA$-7.50 Million | CA$37.30 Million | CA$876.53K | CA$8.38 Million | ▼ -21.0 pp |
| 2024 | 0.9% | CA$362.83K | CA$41.84 Million | CA$1.17 Million | CA$808.91K | ▼ -3.5 pp |
| 2023 | 4.3% | CA$1.39 Million | CA$32.09 Million | CA$2.05 Million | CA$656.52K | ▲ +3.1 pp |
| 2022 | 1.3% | CA$308.11K | CA$24.59 Million | CA$976.73K | CA$668.62K | ▼ -21.2 pp |
| 2021 | 22.4% | CA$855.00K | CA$3.81 Million | CA$1.18 Million | CA$327.87K | ▲ +22.3 pp |
| 2020 | 0.1% | CA$1.59K | CA$1.84 Million | CA$208.89K | CA$207.31K | ▼ -33.5 pp |
| 2019 | 33.6% | CA$227.32K | CA$677.29K | CA$284.63K | CA$57.31K | ▼ -42.5 pp |
| 2018 | 76.1% | CA$483.32K | CA$635.52K | CA$519.82K | CA$36.50K | ▼ -14.7 pp |
| 2017 | 90.8% | CA$249.04K | CA$274.29K | CA$259.56K | CA$10.51K | — |