Logan Energy Corp (LGN) — Working Capital to Net Assets Ratio
Logan Energy Corp (LGN) has a Working Capital to Net Assets ratio of -12.3% as of June 2024. Working capital of CA$-21.60 Million (current assets of CA$19.78 Million minus current liabilities of CA$41.39 Million) is measured against net assets of CA$175.12 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Logan Energy Corp balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Logan Energy Corp Working Capital to Net Assets (2022–2023)
This chart shows how Logan Energy Corp's Working Capital to Net Assets ratio has evolved across 2 annual periods from 2022 to 2023. As of June 2024, the ratio stands at -12.3%, reflecting working capital of CA$-21.60 Million against net assets of CA$175.12 Million CAD. Check Logan Energy Corp (LGN) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Logan Energy Corp (2022–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Logan Energy Corp from 2022 to 2023, covering 2 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 LGN stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 23.9% | CA$41.63 Million | CA$174.12 Million | CA$69.17 Million | CA$27.54 Million | ▲ +23.6 pp |
| 2022 | 0.3% | CA$277.00K | CA$95.80 Million | CA$8.76 Million | CA$8.48 Million | — |