Millennial Potash Corp. Working Capital to Net Assets Ratio
Millennial Potash Corp. working capital to net assets ratio. Millennial Potash Corp. (MLP) has a Working Capital to Net Assets ratio of 61.1% as of February 2026. Working capital of CA$30.32 Million (current assets of CA$31.34 Million minus current liabilities of CA$1.01 Million) is measured against net assets of CA$49.66 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Millennial Potash Corp. tangible book value ratio 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 Millennial Potash Corp. (2020–2025)
Working capital to net assets ratio of Millennial Potash Corp. from 2020 to 2025. This chart shows how Millennial Potash Corp.'s Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of February 2026, the ratio stands at 61.1%, reflecting working capital of CA$30.32 Million against net assets of CA$49.66 Million CAD. See defensive interval ratio of Millennial Potash Corp. to measure how many days the company can operate on defensive assets alone.
Millennial Potash Corp. Working Capital to Net Assets Ratio by Year (2020–2025)
Millennial Potash Corp. working capital to net assets ratio by year from 2020 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Millennial Potash Corp. from 2020 to 2025, covering 6 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 balance sheet size of Millennial Potash Corp..
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 53.8% | CA$17.49 Million | CA$32.50 Million | CA$18.22 Million | CA$737.56K | ▲ +39.1 pp |
| 2024 | 14.7% | CA$1.71 Million | CA$11.67 Million | CA$2.31 Million | CA$594.75K | ▼ -22.3 pp |
| 2023 | 36.9% | CA$2.37 Million | CA$6.43 Million | CA$2.87 Million | CA$496.75K | ▼ -26.0 pp |
| 2022 | 63.0% | CA$3.02 Million | CA$4.79 Million | CA$3.21 Million | CA$194.18K | ▼ -16.8 pp |
| 2021 | 79.8% | CA$3.85 Million | CA$4.82 Million | CA$3.94 Million | CA$95.38K | ▼ -20.2 pp |
| 2020 | 100.0% | CA$35.39K | CA$35.39K | CA$798.66K | CA$763.26K | — |