Defense Metals Corp Working Capital to Net Assets Ratio
Defense Metals Corp 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. Check Defense Metals Corp tangible net worth 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 Defense Metals Corp (2017–2026)
Working capital to net assets ratio of Defense Metals Corp from 2017 to 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. See Defense Metals Corp defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Defense Metals Corp Working Capital to Net Assets Ratio by Year (2017–2026)
Defense Metals Corp working capital to net assets ratio by year from 2017 to 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. For the complete balance sheet picture, see DEFN current and non-current assets.
| 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 | — |