Mint Corp Working Capital to Net Assets Ratio
Mint Corp 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. Check Mint Corp tangible equity quality 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 Mint Corp (2015–2023)
Working capital to net assets ratio of Mint Corp from 2015 to 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 defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Mint Corp Working Capital to Net Assets Ratio by Year (2015–2023)
Mint Corp working capital to net assets ratio by year from 2015 to 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 the complete balance sheet picture, see how large is Mint Corp's balance sheet.
| 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 | — |