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 balance sheet independence to measure how much of total assets are equity-financed.
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. Check tangible net worth ratio of Mint Corp to evaluate the tangible quality of the company's equity base.
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 Mint Corp (MIT) market capitalisation.
| 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 | — |