Minnova Corp (MCI) — Working Capital to Net Assets Ratio
Minnova Corp (MCI) has a Working Capital to Net Assets ratio of 21.0% as of September 2025. Working capital of CA$-962.89K (current assets of CA$74.32K minus current liabilities of CA$1.04 Million) is measured against net assets of CA$-4.59 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Minnova Corp net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Minnova Corp Working Capital to Net Assets (2008–2025)
This chart shows how Minnova Corp's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2008 to 2025. As of September 2025, the ratio stands at 21.0%, reflecting working capital of CA$-962.89K against net assets of CA$-4.59 Million CAD. Check Minnova Corp tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Minnova Corp (2008–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Minnova Corp from 2008 to 2025, covering 18 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 Minnova Corp (MCI) total market value.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (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 | — |