Mint Corp (MIT) — Working Capital to Net Assets Ratio
Mint Corp (MIT) has a Working Capital to Net Assets ratio of 100.0% as of December 2023. Working capital of CA$-837.17K (current assets of CA$51.18K minus current liabilities of CA$888.36K) is measured against net assets of CA$-837.17K. A higher ratio indicates strong short-term liquidity financed by the equity base. See Mint Corp financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Mint Corp Working Capital to Net Assets (2015–2023)
This chart shows how Mint Corp's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2015 to 2023. As of December 2023, the ratio stands at 100.0%, reflecting working capital of CA$-837.17K against net assets of CA$-837.17K CAD. See Mint Corp liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Mint Corp (2015–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Mint Corp from 2015 to 2023, covering 9 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 market value of Mint Corp.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 100.0% | CA$-837.17K | CA$-837.17K | CA$51.18K | CA$888.36K | ▲ +0.0 pp |
| 2022 | 100.0% | CA$599.81K | CA$599.81K | CA$1.12 Million | CA$520.73K | ▼ -8.6 pp |
| 2021 | 108.6% | CA$-30.98 Million | CA$-28.52 Million | CA$48.18K | CA$31.03 Million | ▲ +71.5 pp |
| 2020 | 37.2% | CA$-8.73 Million | CA$-23.48 Million | CA$75.91K | CA$8.81 Million | ▲ +6.9 pp |
| 2019 | 30.3% | CA$-7.03 Million | CA$-23.21 Million | CA$120.00K | CA$7.15 Million | ▼ -4.1 pp |
| 2018 | 34.4% | CA$-6.54 Million | CA$-19.01 Million | CA$224.14K | CA$6.77 Million | ▼ -65.6 pp |
| 2017 | 100.0% | CA$-67.85 Million | CA$-67.85 Million | CA$133.69K | CA$67.99 Million | ▲ +90.2 pp |
| 2016 | 9.8% | CA$-5.92 Million | CA$-60.24 Million | CA$1.01 Million | CA$6.93 Million | ▲ +9.8 pp |
| 2015 | 0.0% | CA$5.77K | CA$-54.16 Million | CA$4.02 Million | CA$4.02 Million | — |