Midnight Sun Mining Corp Working Capital to Net Assets Ratio
Midnight Sun Mining Corp working capital to net assets ratio. Midnight Sun Mining Corp (MMA) has a Working Capital to Net Assets ratio of 69.0% as of December 2025. Working capital of CA$31.01 Million (current assets of CA$31.53 Million minus current liabilities of CA$517.22K) is measured against net assets of CA$44.92 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Midnight Sun Mining 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 Midnight Sun Mining Corp (2007–2025)
Working capital to net assets ratio of Midnight Sun Mining Corp from 2007 to 2025. This chart shows how Midnight Sun Mining Corp's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2007 to 2025. As of December 2025, the ratio stands at 69.0%, reflecting working capital of CA$31.01 Million against net assets of CA$44.92 Million CAD. See Midnight Sun Mining Corp liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Midnight Sun Mining Corp Working Capital to Net Assets Ratio by Year (2007–2025)
Midnight Sun Mining Corp working capital to net assets ratio by year from 2007 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Midnight Sun Mining Corp from 2007 to 2025, covering 19 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 Midnight Sun Mining Corp total assets.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 69.0% | CA$31.01 Million | CA$44.92 Million | CA$31.53 Million | CA$517.22K | ▲ +32.7 pp |
| 2024 | 36.4% | CA$7.83 Million | CA$21.54 Million | CA$8.04 Million | CA$211.59K | ▲ +38.7 pp |
| 2023 | -2.4% | CA$-312.38K | CA$13.23 Million | CA$104.67K | CA$417.05K | ▲ +0.5 pp |
| 2022 | -2.8% | CA$-287.33K | CA$10.18 Million | CA$191.33K | CA$478.66K | ▼ -14.8 pp |
| 2021 | 12.0% | CA$2.46 Million | CA$20.55 Million | CA$2.64 Million | CA$171.96K | ▲ +1.5 pp |
| 2020 | 10.5% | CA$2.08 Million | CA$19.80 Million | CA$2.28 Million | CA$201.07K | ▲ +13.3 pp |
| 2019 | -2.8% | CA$-510.65K | CA$18.30 Million | CA$105.31K | CA$615.96K | ▼ -0.3 pp |
| 2018 | -2.5% | CA$-274.70K | CA$10.87 Million | CA$314.15K | CA$588.86K | ▼ -15.9 pp |
| 2017 | 13.3% | CA$1.20 Million | CA$9.00 Million | CA$1.60 Million | CA$400.13K | ▲ +1.3 pp |
| 2016 | 12.0% | CA$264.40K | CA$2.20 Million | CA$790.13K | CA$525.72K | ▲ +41.1 pp |
| 2015 | -29.1% | CA$-252.69K | CA$868.93K | CA$59.97K | CA$312.66K | ▼ -0.3 pp |
| 2014 | -28.8% | CA$-206.36K | CA$717.61K | CA$15.32K | CA$221.68K | ▼ -31.2 pp |
| 2013 | 2.4% | CA$9.25K | CA$385.36K | CA$146.24K | CA$136.99K | ▲ +1.8 pp |
| 2012 | 0.6% | CA$8.37K | CA$1.41 Million | CA$103.32K | CA$94.95K | ▼ -57.5 pp |
| 2011 | 58.1% | CA$234.04K | CA$402.82K | CA$282.54K | CA$48.51K | ▲ +27.1 pp |
| 2010 | 31.0% | CA$177.84K | CA$574.03K | CA$190.53K | CA$12.68K | ▼ -69.0 pp |
| 2009 | 100.0% | CA$242.55K | CA$242.55K | CA$275.85K | CA$33.30K | ▲ +0.0 pp |
| 2008 | 100.0% | CA$340.58K | CA$340.58K | CA$352.45K | CA$11.87K | ▲ +25.8 pp |
| 2007 | 74.2% | CA$158.42K | CA$213.38K | CA$234.89K | CA$76.47K | — |