Midland Exploration Inc (MD) — Working Capital to Net Assets Ratio
Midland Exploration Inc (MD) has a Working Capital to Net Assets ratio of 19.9% as of December 2025. Working capital of CA$9.23 Million (current assets of CA$11.11 Million minus current liabilities of CA$1.88 Million) is measured against net assets of CA$46.34 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Midland Exploration Inc (MD) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Midland Exploration Inc Working Capital to Net Assets (2006–2025)
This chart shows how Midland Exploration Inc's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2006 to 2025. As of December 2025, the ratio stands at 19.9%, reflecting working capital of CA$9.23 Million against net assets of CA$46.34 Million CAD. Check Midland Exploration Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Midland Exploration Inc (2006–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Midland Exploration Inc from 2006 to 2025, covering 20 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 MD stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 16.1% | CA$7.17 Million | CA$44.53 Million | CA$9.19 Million | CA$2.02 Million | ▲ +7.0 pp |
| 2024 | 9.1% | CA$3.60 Million | CA$39.52 Million | CA$5.30 Million | CA$1.70 Million | ▼ -0.5 pp |
| 2023 | 9.6% | CA$3.81 Million | CA$39.78 Million | CA$5.68 Million | CA$1.87 Million | ▼ -5.9 pp |
| 2022 | 15.5% | CA$5.94 Million | CA$38.29 Million | CA$6.81 Million | CA$870.82K | ▼ -4.1 pp |
| 2021 | 19.6% | CA$7.51 Million | CA$38.34 Million | CA$9.00 Million | CA$1.49 Million | ▼ -9.7 pp |
| 2020 | 29.3% | CA$10.97 Million | CA$37.50 Million | CA$12.25 Million | CA$1.28 Million | ▼ -8.1 pp |
| 2019 | 37.3% | CA$14.02 Million | CA$37.56 Million | CA$15.07 Million | CA$1.06 Million | ▲ +2.9 pp |
| 2018 | 34.4% | CA$10.01 Million | CA$29.11 Million | CA$10.64 Million | CA$625.73K | ▼ -11.1 pp |
| 2017 | 45.5% | CA$11.68 Million | CA$25.66 Million | CA$12.50 Million | CA$819.10K | ▲ +0.5 pp |
| 2016 | 45.0% | CA$10.71 Million | CA$23.80 Million | CA$11.37 Million | CA$661.53K | ▲ +2.6 pp |
| 2015 | 42.4% | CA$10.00 Million | CA$23.60 Million | CA$10.81 Million | CA$811.52K | ▲ +7.6 pp |
| 2014 | 34.7% | CA$3.14 Million | CA$9.03 Million | CA$4.00 Million | CA$861.79K | ▼ 0.0 pp |
| 2013 | 34.8% | CA$3.34 Million | CA$9.61 Million | CA$3.68 Million | CA$341.05K | ▼ -15.1 pp |
| 2012 | 49.9% | CA$3.86 Million | CA$7.73 Million | CA$4.05 Million | CA$196.13K | ▼ -12.1 pp |
| 2011 | 61.9% | CA$4.46 Million | CA$7.20 Million | CA$4.93 Million | CA$471.83K | ▼ -12.5 pp |
| 2010 | 74.5% | CA$4.85 Million | CA$6.51 Million | CA$5.17 Million | CA$322.51K | ▲ +12.9 pp |
| 2009 | 61.6% | CA$2.86 Million | CA$4.65 Million | CA$3.30 Million | CA$433.63K | ▼ -11.1 pp |
| 2008 | 72.7% | CA$3.29 Million | CA$4.53 Million | CA$3.68 Million | CA$396.58K | ▼ -5.6 pp |
| 2007 | 78.2% | CA$3.61 Million | CA$4.61 Million | CA$4.04 Million | CA$430.09K | ▲ +64.4 pp |
| 2006 | 13.8% | CA$84.02K | CA$608.38K | CA$326.45K | CA$242.43K | — |