Metal Energy Corp Working Capital to Net Assets Ratio
Metal Energy Corp working capital to net assets ratio. Metal Energy Corp (MERG) has a Working Capital to Net Assets ratio of 10.5% as of September 2025. Working capital of CA$-368.59K (current assets of CA$579.56K minus current liabilities of CA$948.15K) is measured against net assets of CA$-3.52 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible net worth ratio of Metal Energy Corp 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 Metal Energy Corp (2021–2024)
Working capital to net assets ratio of Metal Energy Corp from 2021 to 2024. This chart shows how Metal Energy Corp's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2021 to 2024. As of September 2025, the ratio stands at 10.5%, reflecting working capital of CA$-368.59K against net assets of CA$-3.52 Million CAD. See defensive interval ratio of Metal Energy Corp to measure how many days the company can operate on defensive assets alone.
Metal Energy Corp Working Capital to Net Assets Ratio by Year (2021–2024)
Metal Energy Corp working capital to net assets ratio by year from 2021 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Metal Energy Corp from 2021 to 2024, covering 4 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 how large is Metal Energy Corp's balance sheet.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -1.1% | CA$33.60K | CA$-3.15 Million | CA$1.38 Million | CA$1.34 Million | ▼ -101.1 pp |
| 2023 | 100.0% | CA$1.76 Million | CA$1.76 Million | CA$1.84 Million | CA$84.17K | ▼ -1.1 pp |
| 2022 | 101.1% | CA$2.43 Million | CA$2.41 Million | CA$3.16 Million | CA$728.17K | ▲ +1.1 pp |
| 2021 | 100.0% | CA$6.34 Million | CA$6.34 Million | CA$7.07 Million | CA$723.49K | — |