Minnova Corp Working Capital to Net Assets Ratio
Minnova Corp working capital to net assets ratio. Minnova Corp (MCI) has a Working Capital to Net Assets ratio of 26.2% as of June 2026. Working capital of CA$-1.24 Million (current assets of CA$447.49K minus current liabilities of CA$1.69 Million) is measured against net assets of CA$-4.71 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check MCI goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Minnova Corp (2008–2026)
Working capital to net assets ratio of Minnova Corp from 2008 to 2026. This chart shows how Minnova Corp's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2008 to 2026. As of June 2026, the ratio stands at 26.2%, reflecting working capital of CA$-1.24 Million against net assets of CA$-4.71 Million CAD. See how many days can Minnova Corp fund operations to measure how many days the company can operate on defensive assets alone.
Minnova Corp Working Capital to Net Assets Ratio by Year (2008–2026)
Minnova Corp working capital to net assets ratio by year from 2008 to 2026. The table below presents the year-by-year Working Capital to Net Assets ratio for Minnova Corp from 2008 to 2026, covering 19 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 the complete balance sheet picture, see balance sheet size of Minnova Corp.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | -4.5% | CA$135.99K | CA$-3.04 Million | CA$1.12 Million | CA$986.51K | ▼ -39.9 pp |
| 2025 | 35.4% | CA$-1.78 Million | CA$-5.03 Million | CA$29.95K | CA$1.81 Million | ▲ +6.1 pp |
| 2024 | 29.3% | CA$-1.28 Million | CA$-4.38 Million | CA$28.75K | CA$1.31 Million | ▲ +11.6 pp |
| 2023 | 17.7% | CA$-715.56K | CA$-4.04 Million | CA$175.37K | CA$890.94K | ▲ +20.3 pp |
| 2022 | -2.6% | CA$-453.31K | CA$17.51 Million | CA$337.10K | CA$790.41K | ▲ +4.6 pp |
| 2021 | -7.2% | CA$-1.17 Million | CA$16.23 Million | CA$453.07K | CA$1.62 Million | ▲ +4.9 pp |
| 2020 | -12.1% | CA$-1.71 Million | CA$14.16 Million | CA$142.38K | CA$1.85 Million | ▼ -0.6 pp |
| 2019 | -11.4% | CA$-1.64 Million | CA$14.34 Million | CA$161.95K | CA$1.80 Million | ▲ +1.0 pp |
| 2018 | -12.4% | CA$-1.71 Million | CA$13.82 Million | CA$342.19K | CA$2.05 Million | ▼ -7.6 pp |
| 2017 | -4.8% | CA$-627.11K | CA$12.98 Million | CA$1.37 Million | CA$2.00 Million | ▲ +40.7 pp |
| 2016 | -45.5% | CA$-3.52 Million | CA$7.74 Million | CA$505.24K | CA$4.03 Million | ▼ -0.2 pp |
| 2015 | -45.4% | CA$-3.44 Million | CA$7.58 Million | CA$220.64K | CA$3.66 Million | ▼ -9.2 pp |
| 2014 | -36.2% | CA$-2.84 Million | CA$7.85 Million | CA$574.88K | CA$3.42 Million | ▲ +8.7 pp |
| 2013 | -44.9% | CA$-3.20 Million | CA$7.12 Million | CA$273.69K | CA$3.47 Million | ▼ -34.8 pp |
| 2012 | -10.2% | CA$-1.09 Million | CA$10.71 Million | CA$802.50K | CA$1.89 Million | ▼ -14.6 pp |
| 2011 | 4.4% | CA$256.77K | CA$5.81 Million | CA$788.12K | CA$531.35K | ▲ +500.2 pp |
| 2010 | -495.8% | CA$-424.55K | CA$85.63K | CA$72.71K | CA$497.26K | ▼ -1794.6 pp |
| 2009 | 1298.7% | CA$-253.41K | CA$-19.51K | CA$207.00 | CA$253.62K | ▲ +1183.1 pp |
| 2008 | 115.6% | CA$-78.56K | CA$-67.93K | CA$41.19K | CA$119.75K | — |