Themac Resources Group Limited (MAC) — Working Capital to Net Assets Ratio
Themac Resources Group Limited (MAC) has a Working Capital to Net Assets ratio of 197.0% as of March 2025. Working capital of CA$-191.64 Million (current assets of CA$179.72K minus current liabilities of CA$191.82 Million) is measured against net assets of CA$-97.28 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of Themac Resources Group Limited to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Themac Resources Group Limited Working Capital to Net Assets (2014–2024)
This chart shows how Themac Resources Group Limited's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2014 to 2024. As of March 2025, the ratio stands at 197.0%, reflecting working capital of CA$-191.64 Million against net assets of CA$-97.28 Million CAD. Check Themac Resources Group Limited tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Themac Resources Group Limited (2014–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Themac Resources Group Limited from 2014 to 2024, covering 11 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 market cap of Themac Resources Group Limited.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 199.7% | CA$-177.41 Million | CA$-88.86 Million | CA$358.43K | CA$177.77 Million | ▼ -10.4 pp |
| 2023 | 210.1% | CA$-162.27 Million | CA$-77.25 Million | CA$116.37K | CA$162.39 Million | ▼ -13.9 pp |
| 2022 | 224.0% | CA$-147.86 Million | CA$-66.01 Million | CA$105.17K | CA$147.96 Million | ▼ -7.6 pp |
| 2021 | 231.6% | CA$-133.92 Million | CA$-57.82 Million | CA$179.30K | CA$134.10 Million | ▼ -82.4 pp |
| 2020 | 314.0% | CA$-121.07 Million | CA$-38.55 Million | CA$105.90K | CA$121.17 Million | ▼ -45.3 pp |
| 2019 | 359.3% | CA$-108.08 Million | CA$-30.08 Million | CA$141.78K | CA$108.22 Million | ▼ -148.6 pp |
| 2018 | 507.9% | CA$-93.99 Million | CA$-18.50 Million | CA$294.47K | CA$94.28 Million | ▼ -407.5 pp |
| 2017 | 915.4% | CA$-81.00 Million | CA$-8.85 Million | CA$165.34K | CA$81.16 Million | ▲ +8442.2 pp |
| 2016 | -7526.7% | CA$-68.07 Million | CA$904.40K | CA$577.12K | CA$68.65 Million | ▼ -6842.1 pp |
| 2015 | -684.6% | CA$-56.00 Million | CA$8.18 Million | CA$389.25K | CA$56.39 Million | ▼ -83.8 pp |
| 2014 | -600.8% | CA$-45.52 Million | CA$7.58 Million | CA$126.51K | CA$45.64 Million | — |