New Energy Metals Corp Working Capital to Net Assets Ratio
New Energy Metals Corp working capital to net assets ratio. New Energy Metals Corp (ENRG) has a Working Capital to Net Assets ratio of 100.0% as of March 2026. Working capital of CA$-272.87K (current assets of CA$34.09K minus current liabilities of CA$306.96K) is measured against net assets of CA$-272.87K. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible net worth ratio of New Energy Metals Corp 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 New Energy Metals Corp (2017–2025)
Working capital to net assets ratio of New Energy Metals Corp from 2017 to 2025. This chart shows how New Energy Metals Corp's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2017 to 2025. As of March 2026, the ratio stands at 100.0%, reflecting working capital of CA$-272.87K against net assets of CA$-272.87K CAD. See defensive interval ratio of New Energy Metals Corp to measure how many days the company can operate on defensive assets alone.
New Energy Metals Corp Working Capital to Net Assets Ratio by Year (2017–2025)
New Energy Metals Corp working capital to net assets ratio by year from 2017 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for New Energy Metals Corp from 2017 to 2025, covering 9 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 New Energy Metals Corp assets under control.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 100.0% | CA$-227.26K | CA$-227.26K | CA$63.88K | CA$291.15K | ▲ +233.0 pp |
| 2024 | -133.0% | CA$-111.03K | CA$83.47K | CA$103.45K | CA$214.48K | ▼ -163.2 pp |
| 2023 | 30.2% | CA$363.62K | CA$1.20 Million | CA$525.26K | CA$161.64K | ▼ -69.8 pp |
| 2022 | 100.0% | CA$-444.27K | CA$-444.27K | CA$6.55K | CA$450.82K | ▲ +0.0 pp |
| 2021 | 100.0% | CA$-619.97K | CA$-619.97K | CA$171.02K | CA$790.99K | ▲ +0.0 pp |
| 2020 | 100.0% | CA$-721.68K | CA$-721.68K | CA$132.94K | CA$854.62K | ▲ +84.4 pp |
| 2019 | 15.6% | CA$229.14K | CA$1.47 Million | CA$379.08K | CA$149.95K | ▼ -18.7 pp |
| 2018 | 34.3% | CA$1.31 Million | CA$3.82 Million | CA$1.43 Million | CA$121.31K | ▼ -41.4 pp |
| 2017 | 75.7% | CA$364.80K | CA$481.90K | CA$389.80K | CA$25.00K | — |