Grid Metals Corp (GRDM) — Working Capital to Net Assets Ratio
Grid Metals Corp (GRDM) has a Working Capital to Net Assets ratio of 100.0% as of June 2026. Working capital of CA$3.72K (current assets of CA$981.38K minus current liabilities of CA$977.65K) is measured against net assets of CA$3.72K. A higher ratio indicates strong short-term liquidity financed by the equity base. See GRDM defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Grid Metals Corp Working Capital to Net Assets (2001–2025)
This chart shows how Grid Metals Corp's Working Capital to Net Assets ratio has evolved across 25 annual periods from 2001 to 2025. As of June 2026, the ratio stands at 100.0%, reflecting working capital of CA$3.72K against net assets of CA$3.72K CAD. For the complete balance sheet picture, see Grid Metals Corp asset portfolio.
Annual Working Capital to Net Assets for Grid Metals Corp (2001–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Grid Metals Corp from 2001 to 2025, covering 25 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 GRDM financial 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$1.67 Million | CA$1.67 Million | CA$3.06 Million | CA$1.39 Million | ▲ +26.0 pp |
| 2024 | 74.0% | CA$131.91K | CA$178.25K | CA$1.48 Million | CA$1.35 Million | ▲ +1.2 pp |
| 2023 | 72.8% | CA$4.44 Million | CA$6.10 Million | CA$8.68 Million | CA$4.24 Million | ▼ -27.0 pp |
| 2022 | 99.8% | CA$11.49 Million | CA$11.50 Million | CA$12.82 Million | CA$1.33 Million | ▼ -2.1 pp |
| 2021 | 101.9% | CA$2.53 Million | CA$2.49 Million | CA$2.97 Million | CA$438.44K | ▲ +93.7 pp |
| 2020 | 8.2% | CA$2.56 Million | CA$31.08 Million | CA$3.17 Million | CA$611.30K | ▲ +4.8 pp |
| 2019 | 3.4% | CA$971.21K | CA$28.67 Million | CA$1.16 Million | CA$186.73K | ▼ -1.6 pp |
| 2018 | 4.9% | CA$1.43 Million | CA$28.93 Million | CA$1.67 Million | CA$236.67K | ▼ -5.3 pp |
| 2017 | 10.2% | CA$3.05 Million | CA$29.91 Million | CA$3.48 Million | CA$428.31K | ▲ +12.7 pp |
| 2016 | -2.4% | CA$-631.76K | CA$25.80 Million | CA$708.92K | CA$1.34 Million | ▲ +2.0 pp |
| 2015 | -4.5% | CA$-1.17 Million | CA$26.09 Million | CA$147.81K | CA$1.32 Million | ▼ -5.4 pp |
| 2014 | 0.9% | CA$260.03K | CA$28.50 Million | CA$422.61K | CA$162.58K | ▼ -0.4 pp |
| 2013 | 1.3% | CA$378.85K | CA$28.71 Million | CA$453.28K | CA$74.43K | ▼ -5.2 pp |
| 2012 | 6.6% | CA$1.85 Million | CA$28.25 Million | CA$2.08 Million | CA$232.14K | ▼ -5.3 pp |
| 2011 | 11.9% | CA$3.23 Million | CA$27.25 Million | CA$4.50 Million | CA$1.27 Million | ▲ +0.8 pp |
| 2010 | 11.0% | CA$2.62 Million | CA$23.72 Million | CA$5.44 Million | CA$2.83 Million | ▲ +1.6 pp |
| 2009 | 9.5% | CA$1.92 Million | CA$20.25 Million | CA$2.05 Million | CA$131.95K | ▼ -4.2 pp |
| 2008 | 13.7% | CA$2.61 Million | CA$19.07 Million | CA$2.95 Million | CA$339.01K | ▼ -12.7 pp |
| 2007 | 26.4% | CA$4.76 Million | CA$18.03 Million | CA$5.15 Million | CA$380.88K | ▼ -4.5 pp |
| 2006 | 31.0% | CA$3.73 Million | CA$12.04 Million | CA$3.88 Million | CA$152.37K | ▲ +0.9 pp |
| 2005 | 30.0% | CA$2.85 Million | CA$9.50 Million | CA$2.91 Million | CA$57.02K | ▲ +20.9 pp |
| 2004 | 9.1% | CA$984.39K | CA$10.82 Million | CA$3.00 Million | CA$2.01 Million | ▼ -58.9 pp |
| 2003 | 68.0% | CA$6.24 Million | CA$9.18 Million | CA$6.49 Million | CA$255.98K | ▲ +38.4 pp |
| 2002 | 29.6% | CA$1.34 Million | CA$4.52 Million | CA$1.51 Million | CA$177.65K | ▲ +19.4 pp |
| 2001 | 10.2% | CA$435.57K | CA$4.27 Million | CA$540.57K | CA$105.00K | — |