Harfang Exploration Inc (HAR) — Working Capital to Net Assets Ratio
Harfang Exploration Inc (HAR) has a Working Capital to Net Assets ratio of 13.4% as of January 2026. Working capital of CA$1.84 Million (current assets of CA$2.31 Million minus current liabilities of CA$472.62K) is measured against net assets of CA$13.77 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Harfang Exploration Inc (HAR) financial flexibility to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Harfang Exploration Inc Working Capital to Net Assets (2012–2026)
This chart shows how Harfang Exploration Inc's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2012 to 2026. As of January 2026, the ratio stands at 13.4%, reflecting working capital of CA$1.84 Million against net assets of CA$13.77 Million CAD. See Harfang Exploration Inc (HAR) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Harfang Exploration Inc (2012–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Harfang Exploration Inc from 2012 to 2026, covering 15 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 Harfang Exploration Inc (HAR) market capitalisation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 13.4% | CA$1.84 Million | CA$13.77 Million | CA$2.31 Million | CA$472.62K | ▼ -11.3 pp |
| 2025 | 24.7% | CA$3.83 Million | CA$15.52 Million | CA$4.09 Million | CA$257.65K | ▼ -16.0 pp |
| 2024 | 40.7% | CA$6.46 Million | CA$15.87 Million | CA$7.07 Million | CA$611.22K | ▼ -4.6 pp |
| 2023 | 45.3% | CA$7.70 Million | CA$16.99 Million | CA$7.90 Million | CA$198.69K | ▼ -35.4 pp |
| 2022 | 80.7% | CA$6.45 Million | CA$7.99 Million | CA$7.39 Million | CA$931.35K | ▼ -4.9 pp |
| 2021 | 85.7% | CA$7.47 Million | CA$8.72 Million | CA$8.77 Million | CA$1.30 Million | ▲ +10.1 pp |
| 2020 | 75.6% | CA$2.71 Million | CA$3.59 Million | CA$3.03 Million | CA$318.40K | ▲ +1.1 pp |
| 2019 | 74.5% | CA$2.17 Million | CA$2.92 Million | CA$2.37 Million | CA$193.19K | ▼ -3.4 pp |
| 2018 | 77.9% | CA$2.40 Million | CA$3.08 Million | CA$2.56 Million | CA$161.41K | ▼ -22.1 pp |
| 2017 | 100.0% | CA$-101.23K | CA$-101.23K | CA$1.29K | CA$102.53K | ▲ +0.0 pp |
| 2016 | 100.0% | CA$-65.91K | CA$-65.91K | CA$1.66K | CA$67.57K | ▲ +0.0 pp |
| 2015 | 100.0% | CA$-35.49K | CA$-35.49K | CA$2.44K | CA$37.94K | ▲ +0.0 pp |
| 2014 | 100.0% | CA$-109.58K | CA$-109.58K | CA$9.09K | CA$118.67K | ▲ +0.0 pp |
| 2013 | 100.0% | CA$-58.94K | CA$-58.94K | CA$41.23K | CA$100.17K | ▲ +0.0 pp |
| 2012 | 100.0% | CA$297.17K | CA$297.17K | CA$328.08K | CA$30.91K | — |