Mkango Resources Ltd Working Capital to Net Assets Ratio
Mkango Resources Ltd working capital to net assets ratio. Mkango Resources Ltd (MKA) has a Working Capital to Net Assets ratio of 11.6% as of June 2026. Working capital of CA$1.41 Million (current assets of CA$14.12 Million minus current liabilities of CA$12.72 Million) is measured against net assets of CA$12.08 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Mkango Resources Ltd 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 Mkango Resources Ltd (2008–2025)
Working capital to net assets ratio of Mkango Resources Ltd from 2008 to 2025. This chart shows how Mkango Resources Ltd's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2008 to 2025. As of June 2026, the ratio stands at 11.6%, reflecting working capital of CA$1.41 Million against net assets of CA$12.08 Million CAD. See Mkango Resources Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Mkango Resources Ltd Working Capital to Net Assets Ratio by Year (2008–2025)
Mkango Resources Ltd working capital to net assets ratio by year from 2008 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Mkango Resources Ltd from 2008 to 2025, covering 18 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see Mkango Resources Ltd asset portfolio.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 1515.0% | CA$-10.08 Million | CA$-665.11K | CA$3.80 Million | CA$13.87 Million | ▲ +1526.2 pp |
| 2024 | -11.2% | CA$-721.31K | CA$6.43 Million | CA$1.67 Million | CA$2.39 Million | ▲ +1.7 pp |
| 2023 | -12.9% | CA$-588.56K | CA$4.56 Million | CA$1.45 Million | CA$2.04 Million | ▼ -36.9 pp |
| 2022 | 24.0% | CA$-279.29K | CA$-1.17 Million | CA$680.38K | CA$959.67K | ▼ -58.1 pp |
| 2021 | 82.1% | CA$3.29 Million | CA$4.00 Million | CA$4.54 Million | CA$1.26 Million | ▼ -6.1 pp |
| 2020 | 88.1% | CA$4.84 Million | CA$5.49 Million | CA$5.13 Million | CA$289.10K | ▼ -10.8 pp |
| 2019 | 99.0% | CA$9.22 Million | CA$9.31 Million | CA$9.73 Million | CA$516.46K | ▲ +5.6 pp |
| 2018 | 93.4% | CA$1.07 Million | CA$1.14 Million | CA$2.61 Million | CA$1.55 Million | ▲ +127.5 pp |
| 2017 | -34.1% | CA$427.55K | CA$-1.25 Million | CA$980.51K | CA$552.97K | ▲ +143.0 pp |
| 2016 | -177.1% | CA$782.33K | CA$-441.63K | CA$951.92K | CA$169.59K | ▼ -198.9 pp |
| 2015 | 21.7% | CA$-159.10K | CA$-731.81K | CA$215.94K | CA$375.05K | ▲ +17.4 pp |
| 2014 | 4.4% | CA$-73.61K | CA$-1.68 Million | CA$181.87K | CA$255.49K | ▼ -93.9 pp |
| 2013 | 98.3% | CA$292.27K | CA$297.32K | CA$502.04K | CA$209.77K | ▲ +0.4 pp |
| 2012 | 97.9% | CA$298.41K | CA$304.72K | CA$441.21K | CA$142.81K | ▼ -1.8 pp |
| 2011 | 99.7% | CA$2.77 Million | CA$2.78 Million | CA$3.76 Million | CA$991.24K | ▼ -0.3 pp |
| 2010 | 100.0% | CA$6.65 Million | CA$6.65 Million | CA$7.86 Million | CA$1.21 Million | ▼ 0.0 pp |
| 2009 | 100.0% | CA$326.14K | CA$326.14K | CA$336.90K | CA$10.77K | ▲ +0.0 pp |
| 2008 | 100.0% | CA$307.02K | CA$307.02K | CA$317.47K | CA$10.46K | — |