Minnova Corp (MCI) — Working Capital to Net Assets Ratio
Minnova Corp (MCI) has a Working Capital to Net Assets ratio of -4.5% as of March 2026. Working capital of CA$135.99K (current assets of CA$1.12 Million minus current liabilities of CA$986.51K) is measured against net assets of CA$-3.04 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Minnova Corp defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Minnova Corp Working Capital to Net Assets (2008–2026)
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 March 2026, the ratio stands at -4.5%, reflecting working capital of CA$135.99K against net assets of CA$-3.04 Million CAD. For the complete balance sheet picture, see MCI total assets.
Annual Working Capital to Net Assets for Minnova Corp (2008–2026)
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. Explore long-term investment intensity of Minnova Corp to see how much of total assets are deployed in long-term investments.
| 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 | — |