Maritime Resources Corp. (MAE) — Working Capital to Net Assets Ratio
Maritime Resources Corp. (MAE) has a Working Capital to Net Assets ratio of 32.1% as of June 2025. Working capital of CA$20.45 Million (current assets of CA$25.50 Million minus current liabilities of CA$5.05 Million) is measured against net assets of CA$63.64 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See MAE equity financing ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Maritime Resources Corp. Working Capital to Net Assets (2007–2024)
This chart shows how Maritime Resources Corp.'s Working Capital to Net Assets ratio has evolved across 17 annual periods from 2007 to 2024. As of June 2025, the ratio stands at 32.1%, reflecting working capital of CA$20.45 Million against net assets of CA$63.64 Million CAD. Check tangible equity quality of Maritime Resources Corp. to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Maritime Resources Corp. (2007–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Maritime Resources Corp. from 2007 to 2024, covering 17 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 Maritime Resources Corp. market cap and net worth.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 10.7% | CA$4.57 Million | CA$42.55 Million | CA$6.04 Million | CA$1.47 Million | ▲ +6.7 pp |
| 2023 | 4.0% | CA$1.57 Million | CA$38.97 Million | CA$2.57 Million | CA$1.00 Million | ▼ -1.4 pp |
| 2022 | 5.4% | CA$2.05 Million | CA$37.88 Million | CA$2.98 Million | CA$927.80K | ▼ -4.7 pp |
| 2021 | 10.2% | CA$3.65 Million | CA$35.91 Million | CA$4.78 Million | CA$1.13 Million | ▼ -12.5 pp |
| 2020 | 22.6% | CA$5.63 Million | CA$24.89 Million | CA$6.87 Million | CA$1.24 Million | ▲ +10.8 pp |
| 2019 | 11.8% | CA$1.60 Million | CA$13.57 Million | CA$2.11 Million | CA$511.03K | ▼ -10.3 pp |
| 2018 | 22.1% | CA$2.20 Million | CA$9.94 Million | CA$2.45 Million | CA$250.18K | ▲ +25.1 pp |
| 2017 | -3.0% | CA$-188.61K | CA$6.28 Million | CA$468.45K | CA$657.06K | ▼ -5.4 pp |
| 2016 | 2.4% | CA$145.05K | CA$5.97 Million | CA$653.19K | CA$508.14K | ▲ +19.4 pp |
| 2015 | -17.0% | CA$-714.21K | CA$4.21 Million | CA$9.16K | CA$723.37K | ▼ -14.9 pp |
| 2014 | -2.1% | CA$-96.70K | CA$4.70 Million | CA$175.35K | CA$272.05K | ▼ -0.2 pp |
| 2013 | -1.8% | CA$-82.05K | CA$4.52 Million | CA$178.64K | CA$260.69K | ▼ -2.4 pp |
| 2012 | 0.6% | CA$26.55K | CA$4.30 Million | CA$511.80K | CA$485.25K | ▼ -4.6 pp |
| 2011 | 5.2% | CA$157.98K | CA$3.02 Million | CA$253.25K | CA$95.27K | ▼ -94.8 pp |
| 2009 | 100.0% | CA$531.34K | CA$531.34K | CA$531.61K | CA$264.00 | ▲ +0.0 pp |
| 2008 | 100.0% | CA$576.25K | CA$576.25K | CA$599.80K | CA$23.55K | ▲ +10.0 pp |
| 2007 | 90.0% | CA$135.06K | CA$150.00K | CA$144.60K | CA$9.53K | — |