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 balance sheet independence to measure how much of total assets are equity-financed.
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. Check Kore Mining Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
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 Kore Mining Ltd stock valuation.
| 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 | — |