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. For the complete balance sheet picture, see how large is Happy Creek Minerals Ltd's balance sheet.
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. Explore Happy Creek Minerals Ltd capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
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. Explore Happy Creek Minerals Ltd (HPY) long-term investment share to see how much of total assets are deployed in long-term investments.
| 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 | — |