Element 29 Resources Inc Working Capital to Net Assets Ratio
Element 29 Resources Inc working capital to net assets ratio. Element 29 Resources Inc (ECU) has a Working Capital to Net Assets ratio of 62.4% as of June 2026. Working capital of CA$35.53 Million (current assets of CA$36.75 Million minus current liabilities of CA$1.22 Million) is measured against net assets of CA$56.92 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Element 29 Resources Inc (ECU) tangible net worth 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 Element 29 Resources Inc (2021–2025)
Working capital to net assets ratio of Element 29 Resources Inc from 2021 to 2025. This chart shows how Element 29 Resources Inc's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2021 to 2025. As of June 2026, the ratio stands at 62.4%, reflecting working capital of CA$35.53 Million against net assets of CA$56.92 Million CAD. See ECU cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Element 29 Resources Inc Working Capital to Net Assets Ratio by Year (2021–2025)
Element 29 Resources Inc working capital to net assets ratio by year from 2021 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Element 29 Resources Inc from 2021 to 2025, covering 5 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 Element 29 Resources Inc asset portfolio.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 27.8% | CA$6.35 Million | CA$22.87 Million | CA$7.81 Million | CA$1.45 Million | ▲ +21.0 pp |
| 2024 | 6.8% | CA$875.59K | CA$12.84 Million | CA$1.33 Million | CA$459.39K | ▼ -1.5 pp |
| 2023 | 8.3% | CA$1.31 Million | CA$15.75 Million | CA$1.48 Million | CA$163.40K | ▲ +2.2 pp |
| 2022 | 6.2% | CA$868.93K | CA$14.08 Million | CA$1.33 Million | CA$460.74K | ▼ -35.9 pp |
| 2021 | 42.1% | CA$7.16 Million | CA$17.01 Million | CA$7.95 Million | CA$791.34K | — |