Logan Energy Corp Working Capital to Net Assets Ratio
Logan Energy Corp 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$175.12 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Logan Energy Corp (2022–2023)
Working capital to net assets ratio of Logan Energy Corp from 2022 to 2023. This chart shows how Logan Energy Corp's Working Capital to Net Assets ratio has evolved across 2 annual periods from 2022 to 2023. As of June 2024, the ratio stands at -12.3%, reflecting working capital of CA$-21.60 Million against net assets of CA$175.12 Million CAD. See Logan Energy Corp defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Logan Energy Corp Working Capital to Net Assets Ratio by Year (2022–2023)
Logan Energy Corp working capital to net assets ratio by year from 2022 to 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 the complete balance sheet picture, see Logan Energy Corp asset portfolio.
| 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 | — |