Kore Mining Ltd (KORE) — Working Capital to Net Assets Ratio
Kore Mining Ltd (KORE) has a Working Capital to Net Assets ratio of 320.8% as of September 2025. Working capital of CA$-2.82 Million (current assets of CA$436.33K minus current liabilities of CA$3.25 Million) is measured against net assets of CA$-878.14K. A higher ratio indicates strong short-term liquidity financed by the equity base. See Kore Mining Ltd leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Kore Mining Ltd Working Capital to Net Assets (2001–2024)
This chart shows how Kore Mining Ltd's Working Capital to Net Assets ratio has evolved across 25 annual periods from 2001 to 2024. As of September 2025, the ratio stands at 320.8%, reflecting working capital of CA$-2.82 Million against net assets of CA$-878.14K CAD. See KORE 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 Kore Mining Ltd (2001–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Kore Mining Ltd from 2001 to 2024, covering 25 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 cap of Kore Mining Ltd.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -50287.1% | CA$-2.01 Million | CA$3.99K | CA$322.28K | CA$2.33 Million | ▼ -50225.9 pp |
| 2023 | -61.2% | CA$-789.30K | CA$1.29 Million | CA$52.11K | CA$841.41K | ▼ -73.4 pp |
| 2022 | 12.2% | CA$312.42K | CA$2.57 Million | CA$1.06 Million | CA$751.19K | ▼ -43.9 pp |
| 2021 | 56.0% | CA$2.94 Million | CA$5.25 Million | CA$3.91 Million | CA$961.35K | ▲ +0.9 pp |
| 2020 | 55.2% | CA$3.83 Million | CA$6.94 Million | CA$5.27 Million | CA$1.44 Million | ▼ -10.9 pp |
| 2019 | 66.1% | CA$2.75 Million | CA$4.17 Million | CA$3.46 Million | CA$707.36K | ▲ +198.9 pp |
| 2018 | -132.8% | CA$-925.77K | CA$697.02K | CA$551.74K | CA$1.48 Million | ▼ -87.8 pp |
| 2017 | -45.0% | CA$-214.28K | CA$475.75K | CA$127.98K | CA$342.26K | ▼ -29.9 pp |
| 2017 | -15.2% | CA$-156.63K | CA$1.03 Million | CA$201.17K | CA$357.80K | ▼ -75.1 pp |
| 2016 | 59.9% | CA$450.06K | CA$751.19K | CA$481.19K | CA$31.14K | ▲ +193.0 pp |
| 2015 | -133.0% | CA$-57.73K | CA$43.39K | CA$67.88K | CA$125.61K | ▼ -234.7 pp |
| 2014 | 101.7% | CA$-307.68K | CA$-302.68K | CA$7.24K | CA$314.92K | ▼ -47.3 pp |
| 2013 | 149.0% | CA$-224.49K | CA$-150.69K | CA$6.62K | CA$231.11K | ▼ -3.9 pp |
| 2012 | 152.9% | CA$-139.55K | CA$-91.28K | CA$76.81K | CA$216.35K | ▲ +12.5 pp |
| 2011 | 140.4% | CA$-99.41K | CA$-70.80K | CA$23.49K | CA$122.90K | ▲ +139.5 pp |
| 2010 | 0.9% | CA$5.67K | CA$619.41K | CA$28.56K | CA$22.89K | ▼ -7.9 pp |
| 2009 | 8.8% | CA$58.87K | CA$670.53K | CA$73.63K | CA$14.77K | ▲ +8.3 pp |
| 2008 | 0.5% | CA$2.84K | CA$572.39K | CA$150.28K | CA$147.44K | ▲ +521.5 pp |
| 2007 | -521.0% | CA$-460.14K | CA$88.32K | CA$74.81K | CA$534.95K | ▼ -56.0 pp |
| 2006 | -465.0% | CA$-438.40K | CA$94.28K | CA$44.68K | CA$483.07K | ▼ -337.9 pp |
| 2005 | -127.1% | CA$-299.49K | CA$235.60K | CA$11.79K | CA$311.28K | ▼ -47.5 pp |
| 2004 | -79.6% | CA$-231.18K | CA$290.49K | CA$19.38K | CA$250.57K | ▼ -27.2 pp |
| 2003 | -52.4% | CA$-172.03K | CA$328.26K | CA$15.17K | CA$187.20K | ▼ -23.3 pp |
| 2002 | -29.1% | CA$-100.80K | CA$346.02K | CA$7.03K | CA$107.83K | ▼ -39.8 pp |
| 2001 | 10.7% | CA$41.84K | CA$392.45K | CA$53.95K | CA$12.11K | — |