Innovotech Inc Working Capital to Net Assets Ratio
Innovotech Inc working capital to net assets ratio. Innovotech Inc (IOT) has a Working Capital to Net Assets ratio of 32.2% as of June 2026. Working capital of CA$834.32K (current assets of CA$1.62 Million minus current liabilities of CA$782.88K) is measured against net assets of CA$2.59 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check IOT intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Innovotech Inc (2003–2025)
Working capital to net assets ratio of Innovotech Inc from 2003 to 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 June 2026, the ratio stands at 32.2%, reflecting working capital of CA$834.32K against net assets of CA$2.59 Million CAD. See IOT cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Innovotech Inc Working Capital to Net Assets Ratio by Year (2003–2025)
Innovotech Inc working capital to net assets ratio by year from 2003 to 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 the complete balance sheet picture, see total assets of Innovotech Inc.
| 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 | — |