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 December 2025. Working capital of CA$-236.89K (current assets of CA$54.35K minus current liabilities of CA$291.23K) is measured against net assets of CA$-236.89K. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of New Energy Metals Corp to measure how much of total assets are equity-financed.
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 December 2025, the ratio stands at 100.0%, reflecting working capital of CA$-236.89K against net assets of CA$-236.89K CAD. Check New Energy Metals Corp tangible book value ratio to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company profile, see ENRG company net worth.
| 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 | — |