New Energy Metals Corp (ENRG) — 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. See ENRG days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
New Energy Metals Corp Working Capital to Net Assets (2017–2025)
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. For the complete balance sheet picture, see ENRG total assets.
Annual Working Capital to Net Assets for New Energy Metals Corp (2017–2025)
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. Check New Energy Metals Corp liquidity resilience to evaluate the company's liquid asset resilience ratio.
| 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 | — |