Innovotech Inc (IOT) — Working Capital to Net Assets Ratio
Innovotech Inc (IOT) has a Working Capital to Net Assets ratio of 55.0% as of March 2026. Working capital of CA$1.79 Million (current assets of CA$2.57 Million minus current liabilities of CA$782.88K) is measured against net assets of CA$3.25 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how financially flexible is Innovotech Inc to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Innovotech Inc Working Capital to Net Assets (2003–2025)
This chart shows how Innovotech Inc's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2003 to 2025. As of March 2026, the ratio stands at 55.0%, reflecting working capital of CA$1.79 Million against net assets of CA$3.25 Million CAD. See IOT 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 Innovotech Inc (2003–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Innovotech Inc from 2003 to 2025, 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 how much is Innovotech Inc worth.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 68.5% | CA$2.50 Million | CA$3.65 Million | CA$3.02 Million | CA$522.08K | ▲ +20.7 pp |
| 2024 | 47.9% | CA$1.26 Million | CA$2.62 Million | CA$1.68 Million | CA$421.02K | ▲ +8.9 pp |
| 2023 | 39.0% | CA$389.65K | CA$998.60K | CA$565.12K | CA$175.47K | ▼ -23.5 pp |
| 2022 | 62.5% | CA$660.71K | CA$1.06 Million | CA$826.00K | CA$165.29K | ▼ -3.3 pp |
| 2021 | 65.8% | CA$774.52K | CA$1.18 Million | CA$993.53K | CA$219.01K | ▼ -26.5 pp |
| 2020 | 92.3% | CA$595.26K | CA$644.98K | CA$752.73K | CA$157.46K | ▼ -58.6 pp |
| 2019 | 150.9% | CA$148.03K | CA$98.09K | CA$224.82K | CA$76.80K | ▲ +116.1 pp |
| 2018 | 34.8% | CA$32.56K | CA$93.47K | CA$211.43K | CA$178.86K | ▼ -27.6 pp |
| 2017 | 62.4% | CA$113.26K | CA$181.51K | CA$459.01K | CA$345.76K | ▼ -43.5 pp |
| 2016 | 105.9% | CA$-1.29 Million | CA$-1.22 Million | CA$252.92K | CA$1.54 Million | ▲ +51.8 pp |
| 2015 | 54.2% | CA$-543.32K | CA$-1.00 Million | CA$120.29K | CA$663.61K | ▲ +1.5 pp |
| 2014 | 52.7% | CA$-403.64K | CA$-765.66K | CA$273.37K | CA$677.01K | ▼ -11.2 pp |
| 2013 | 63.9% | CA$-363.74K | CA$-569.33K | CA$233.57K | CA$597.31K | ▼ -28.7 pp |
| 2003 | 92.6% | CA$774.80K | CA$836.94K | CA$776.55K | CA$1.75K | ▲ +1.7 pp |
| 2003 | 90.8% | CA$764.25K | CA$841.40K | CA$804.47K | CA$40.23K | — |