Element 29 Resources Inc (ECU) — Working Capital to Net Assets Ratio
Element 29 Resources Inc (ECU) has a Working Capital to Net Assets ratio of 21.9% as of March 2026. Working capital of CA$4.96 Million (current assets of CA$5.20 Million minus current liabilities of CA$242.30K) is measured against net assets of CA$22.65 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how financially flexible is Element 29 Resources Inc to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Element 29 Resources Inc Working Capital to Net Assets (2021–2025)
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 March 2026, the ratio stands at 21.9%, reflecting working capital of CA$4.96 Million against net assets of CA$22.65 Million CAD. See Element 29 Resources Inc defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Element 29 Resources Inc (2021–2025)
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 live market cap and the full company profile, see market value of Element 29 Resources Inc.
| 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 | — |