Max Resource Corp (MAX) — Working Capital to Net Assets Ratio
Max Resource Corp (MAX) has a Working Capital to Net Assets ratio of -11.3% as of September 2025. Working capital of CA$-1.61 Million (current assets of CA$876.84K minus current liabilities of CA$2.48 Million) is measured against net assets of CA$14.29 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See MAX net asset quality score to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Max Resource Corp Working Capital to Net Assets (2019–2024)
This chart shows how Max Resource Corp's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2019 to 2024. As of September 2025, the ratio stands at -11.3%, reflecting working capital of CA$-1.61 Million against net assets of CA$14.29 Million CAD. Check Max Resource Corp tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Max Resource Corp (2019–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Max Resource Corp from 2019 to 2024, covering 6 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 MAX market cap.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 4.8% | CA$757.57K | CA$15.84 Million | CA$4.72 Million | CA$3.96 Million | ▼ -25.5 pp |
| 2023 | 30.2% | CA$5.29 Million | CA$17.48 Million | CA$6.56 Million | CA$1.28 Million | ▼ -30.4 pp |
| 2022 | 60.6% | CA$14.34 Million | CA$23.65 Million | CA$15.99 Million | CA$1.65 Million | ▲ +41.9 pp |
| 2021 | 18.8% | CA$514.58K | CA$2.74 Million | CA$1.00 Million | CA$487.82K | ▼ -64.7 pp |
| 2020 | 83.4% | CA$4.37 Million | CA$5.24 Million | CA$5.10 Million | CA$734.84K | ▲ +27.1 pp |
| 2019 | 56.3% | CA$60.68K | CA$107.74K | CA$738.94K | CA$678.25K | — |