Jack Nathan Medical Corp (JNH) — Working Capital to Net Assets Ratio
Jack Nathan Medical Corp (JNH) has a Working Capital to Net Assets ratio of -12.6% as of October 2023. Working capital of CA$611.38K (current assets of CA$6.95 Million minus current liabilities of CA$6.34 Million) is measured against net assets of CA$-4.85 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can Jack Nathan Medical Corp fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Jack Nathan Medical Corp Working Capital to Net Assets (2019–2023)
This chart shows how Jack Nathan Medical Corp's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2019 to 2023. As of October 2023, the ratio stands at -12.6%, reflecting working capital of CA$611.38K against net assets of CA$-4.85 Million CAD. For the complete balance sheet picture, see Jack Nathan Medical Corp (JNH) total assets.
Annual Working Capital to Net Assets for Jack Nathan Medical Corp (2019–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Jack Nathan Medical Corp from 2019 to 2023, covering 5 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 JNH strategic capital deployment ratio 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) |
|---|---|---|---|---|---|---|
| 2023 | 165.9% | CA$-3.10 Million | CA$-1.87 Million | CA$2.51 Million | CA$5.61 Million | ▲ +177.0 pp |
| 2022 | -11.2% | CA$-455.94K | CA$4.08 Million | CA$2.24 Million | CA$2.70 Million | ▼ -95.5 pp |
| 2021 | 84.4% | CA$7.19 Million | CA$8.52 Million | CA$8.15 Million | CA$960.11K | ▲ +544.7 pp |
| 2020 | -460.4% | CA$-1.79 Million | CA$389.59K | CA$107.81K | CA$1.90 Million | ▲ +1455.1 pp |
| 2019 | -1915.5% | CA$-1.46 Million | CA$76.20K | CA$774.24K | CA$2.23 Million | — |