Lithium South Development Corp Working Capital to Net Assets Ratio
Lithium South Development Corp working capital to net assets ratio. Lithium South Development Corp (LIS) has a Working Capital to Net Assets ratio of -6.8% as of September 2025. Working capital of CA$-771.45K (current assets of CA$428.08K minus current liabilities of CA$1.20 Million) is measured against net assets of CA$11.41 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check LIS intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Lithium South Development Corp (2016–2024)
Working capital to net assets ratio of Lithium South Development Corp from 2016 to 2024. This chart shows how Lithium South Development Corp's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at -6.8%, reflecting working capital of CA$-771.45K against net assets of CA$11.41 Million CAD. See Lithium South Development Corp liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Lithium South Development Corp Working Capital to Net Assets Ratio by Year (2016–2024)
Lithium South Development Corp working capital to net assets ratio by year from 2016 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Lithium South Development Corp from 2016 to 2024, covering 9 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see Lithium South Development Corp balance sheet assets.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -2.4% | CA$-280.86K | CA$11.92 Million | CA$740.94K | CA$1.02 Million | ▼ -11.7 pp |
| 2023 | 9.3% | CA$1.26 Million | CA$13.49 Million | CA$1.86 Million | CA$602.11K | ▼ -31.9 pp |
| 2022 | 41.2% | CA$8.61 Million | CA$20.89 Million | CA$8.96 Million | CA$346.08K | ▼ -26.6 pp |
| 2021 | 67.9% | CA$17.31 Million | CA$25.51 Million | CA$17.38 Million | CA$62.98K | ▲ +103.2 pp |
| 2020 | -35.3% | CA$-1.34 Million | CA$3.79 Million | CA$97.11K | CA$1.43 Million | ▲ +269.9 pp |
| 2019 | -305.2% | CA$-2.37 Million | CA$776.30K | CA$23.05K | CA$2.39 Million | ▼ -288.9 pp |
| 2018 | -16.3% | CA$-229.49K | CA$1.41 Million | CA$325.56K | CA$555.05K | ▼ -56.6 pp |
| 2017 | 40.4% | CA$2.38 Million | CA$5.90 Million | CA$2.74 Million | CA$354.44K | ▼ -58.0 pp |
| 2016 | 98.3% | CA$1.55 Million | CA$1.58 Million | CA$2.05 Million | CA$498.34K | — |