Happy Creek Minerals Ltd (HPY) — Working Capital to Net Assets Ratio
Happy Creek Minerals Ltd (HPY) has a Working Capital to Net Assets ratio of 22.8% as of October 2025. Working capital of CA$4.27 Million (current assets of CA$4.39 Million minus current liabilities of CA$120.61K) is measured against net assets of CA$18.72 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of Happy Creek Minerals Ltd to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Happy Creek Minerals Ltd Working Capital to Net Assets (2014–2025)
This chart shows how Happy Creek Minerals Ltd's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2014 to 2025. As of October 2025, the ratio stands at 22.8%, reflecting working capital of CA$4.27 Million against net assets of CA$18.72 Million CAD. See HPY 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 Happy Creek Minerals Ltd (2014–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Happy Creek Minerals Ltd from 2014 to 2025, covering 12 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 value of Happy Creek Minerals Ltd.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 9.7% | CA$1.36 Million | CA$13.96 Million | CA$1.48 Million | CA$120.72K | ▲ +10.2 pp |
| 2024 | -0.4% | CA$-74.34K | CA$17.38 Million | CA$109.50K | CA$183.84K | ▲ +1.0 pp |
| 2023 | -1.4% | CA$-239.85K | CA$17.26 Million | CA$40.16K | CA$280.01K | ▼ -3.0 pp |
| 2022 | 1.6% | CA$289.58K | CA$17.55 Million | CA$360.52K | CA$70.94K | ▼ -6.7 pp |
| 2021 | 8.3% | CA$1.50 Million | CA$18.01 Million | CA$1.72 Million | CA$224.25K | ▲ +0.4 pp |
| 2020 | 8.0% | CA$1.35 Million | CA$16.95 Million | CA$1.49 Million | CA$143.54K | ▲ +2.2 pp |
| 2019 | 5.7% | CA$921.82K | CA$16.12 Million | CA$999.33K | CA$77.51K | ▼ -1.1 pp |
| 2018 | 6.8% | CA$1.11 Million | CA$16.29 Million | CA$1.16 Million | CA$50.49K | ▲ +2.1 pp |
| 2017 | 4.7% | CA$670.55K | CA$14.19 Million | CA$703.70K | CA$33.15K | ▲ +0.5 pp |
| 2016 | 4.2% | CA$561.22K | CA$13.41 Million | CA$625.66K | CA$64.45K | ▲ +3.3 pp |
| 2015 | 0.8% | CA$104.80K | CA$12.41 Million | CA$154.50K | CA$49.70K | ▼ -0.1 pp |
| 2014 | 0.9% | CA$115.36K | CA$12.26 Million | CA$241.93K | CA$126.57K | — |