Hank Payments Corp (HANK) — Working Capital to Net Assets Ratio
Hank Payments Corp (HANK) has a Working Capital to Net Assets ratio of 69.8% as of December 2024. Working capital of CA$-5.02 Million (current assets of CA$3.97 Million minus current liabilities of CA$8.99 Million) is measured against net assets of CA$-7.19 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Hank Payments Corp balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hank Payments Corp Working Capital to Net Assets (2022–2024)
This chart shows how Hank Payments Corp's Working Capital to Net Assets ratio has evolved across 3 annual periods from 2022 to 2024. As of December 2024, the ratio stands at 69.8%, reflecting working capital of CA$-5.02 Million against net assets of CA$-7.19 Million CAD. See HANK cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Hank Payments Corp (2022–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Hank Payments Corp from 2022 to 2024, covering 3 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 market cap of Hank Payments Corp.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 69.1% | CA$-5.44 Million | CA$-7.87 Million | CA$3.18 Million | CA$8.62 Million | ▼ -4.4 pp |
| 2023 | 73.5% | CA$-4.43 Million | CA$-6.02 Million | CA$1.85 Million | CA$6.27 Million | ▲ +23.9 pp |
| 2022 | 49.6% | CA$-2.05 Million | CA$-4.13 Million | CA$2.25 Million | CA$4.30 Million | — |