Max Resource Corp (MAX) — Working Capital to Net Assets Ratio

Latest as of September 2025: -11.3%

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

-11.3%
Working Capital / Net Assets

Working Capital

CA$-1.61 Million
CAD

Current Assets

CA$876.84K
CAD

Current Liabilities

CA$2.48 Million
CAD

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
pp = percentage points