Highwood Asset Management Ltd (HAM) — Working Capital to Net Assets Ratio
Highwood Asset Management Ltd (HAM) has a Working Capital to Net Assets ratio of -1.1% as of December 2025. Working capital of CA$-1.74 Million (current assets of CA$36.49 Million minus current liabilities of CA$38.23 Million) is measured against net assets of CA$154.06 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Highwood Asset Management Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Highwood Asset Management Ltd Working Capital to Net Assets (2017–2025)
This chart shows how Highwood Asset Management Ltd's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2017 to 2025. As of December 2025, the ratio stands at -1.1%, reflecting working capital of CA$-1.74 Million against net assets of CA$154.06 Million CAD. For the complete balance sheet picture, see Highwood Asset Management Ltd (HAM) total assets.
Annual Working Capital to Net Assets for Highwood Asset Management Ltd (2017–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Highwood Asset Management Ltd from 2017 to 2025, covering 9 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Read HAM total liabilities for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -1.1% | CA$-1.74 Million | CA$154.06 Million | CA$36.49 Million | CA$38.23 Million | ▲ +4.9 pp |
| 2024 | -6.1% | CA$-8.00 Million | CA$132.09 Million | CA$33.40 Million | CA$41.40 Million | ▲ +3.6 pp |
| 2023 | -9.7% | CA$-10.10 Million | CA$104.20 Million | CA$29.50 Million | CA$39.60 Million | ▼ -13.5 pp |
| 2022 | 3.8% | CA$411.00K | CA$10.70 Million | CA$2.82 Million | CA$2.41 Million | ▲ +23.4 pp |
| 2021 | -19.5% | CA$-1.56 Million | CA$7.99 Million | CA$2.57 Million | CA$4.13 Million | ▼ -6.8 pp |
| 2020 | -12.7% | CA$-1.24 Million | CA$9.76 Million | CA$50.87 Million | CA$52.11 Million | ▲ +237.4 pp |
| 2019 | -250.1% | CA$-45.01 Million | CA$18.00 Million | CA$15.47 Million | CA$60.48 Million | ▼ -129.5 pp |
| 2018 | -120.5% | CA$-29.63 Million | CA$24.58 Million | CA$35.41 Million | CA$65.04 Million | ▼ -66.3 pp |
| 2017 | -54.2% | CA$-14.57 Million | CA$26.86 Million | CA$5.60 Million | CA$20.17 Million | — |