Lithium South Development Corp (LIS) — 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$11.41 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See operational self-sufficiency of Lithium South Development Corp to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Lithium South Development Corp Working Capital to Net Assets (2016–2024)
This chart shows how Lithium South Development Corp's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at -6.8%, reflecting working capital of CA$-771.45K against net assets of CA$11.41 Million CAD. For the complete balance sheet picture, see Lithium South Development Corp balance sheet assets.
Annual Working Capital to Net Assets for Lithium South Development Corp (2016–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Lithium South Development Corp from 2016 to 2024, covering 9 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check Lithium South Development Corp liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -2.4% | CA$-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 | — |