McChip Resources Inc (MCS) — Working Capital to Net Assets Ratio
McChip Resources Inc (MCS) has a Working Capital to Net Assets ratio of 93.6% as of March 2026. Working capital of CA$13.14 Million (current assets of CA$13.33 Million minus current liabilities of CA$189.17K) is measured against net assets of CA$14.03 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See MCS FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
McChip Resources Inc Working Capital to Net Assets (2013–2025)
This chart shows how McChip Resources Inc's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of March 2026, the ratio stands at 93.6%, reflecting working capital of CA$13.14 Million against net assets of CA$14.03 Million CAD. See defensive interval ratio of McChip Resources Inc to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for McChip Resources Inc (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for McChip Resources Inc from 2013 to 2025, covering 13 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 MCS stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 79.0% | CA$11.55 Million | CA$14.62 Million | CA$11.97 Million | CA$420.83K | ▼ -11.9 pp |
| 2024 | 90.8% | CA$9.70 Million | CA$10.68 Million | CA$11.76 Million | CA$2.07 Million | ▲ +2.6 pp |
| 2023 | 88.2% | CA$7.28 Million | CA$8.25 Million | CA$9.36 Million | CA$2.08 Million | ▲ +0.3 pp |
| 2022 | 87.9% | CA$7.06 Million | CA$8.03 Million | CA$8.79 Million | CA$1.73 Million | ▲ +2.9 pp |
| 2021 | 85.0% | CA$7.33 Million | CA$8.63 Million | CA$8.35 Million | CA$1.02 Million | ▲ +0.5 pp |
| 2020 | 84.5% | CA$6.22 Million | CA$7.36 Million | CA$7.04 Million | CA$824.69K | ▲ +2.0 pp |
| 2019 | 82.5% | CA$4.67 Million | CA$5.66 Million | CA$5.99 Million | CA$1.31 Million | ▲ +5.2 pp |
| 2018 | 77.3% | CA$4.25 Million | CA$5.50 Million | CA$4.98 Million | CA$725.41K | ▲ +5.3 pp |
| 2017 | 72.0% | CA$4.61 Million | CA$6.40 Million | CA$5.27 Million | CA$660.38K | ▲ +25.3 pp |
| 2016 | 46.7% | CA$1.59 Million | CA$3.40 Million | CA$2.37 Million | CA$786.66K | ▲ +28.9 pp |
| 2015 | 17.9% | CA$525.16K | CA$2.94 Million | CA$1.05 Million | CA$528.28K | ▼ -5.8 pp |
| 2014 | 23.7% | CA$758.33K | CA$3.20 Million | CA$1.14 Million | CA$381.92K | ▼ -4.4 pp |
| 2013 | 28.1% | CA$1.10 Million | CA$3.92 Million | CA$1.59 Million | CA$489.91K | — |