Manitex Capital Inc (MNX) — Working Capital to Net Assets Ratio
Manitex Capital Inc (MNX) has a Working Capital to Net Assets ratio of 0.1% as of July 2024. Working capital of CA$6.11K (current assets of CA$432.67K minus current liabilities of CA$426.57K) is measured against net assets of CA$7.21 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Manitex Capital Inc free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Manitex Capital Inc Working Capital to Net Assets (2013–2023)
This chart shows how Manitex Capital Inc's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2013 to 2023. As of July 2024, the ratio stands at 0.1%, reflecting working capital of CA$6.11K against net assets of CA$7.21 Million CAD. See how many days can Manitex Capital Inc fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Manitex Capital Inc (2013–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Manitex Capital Inc from 2013 to 2023, covering 11 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 MNX stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 6.2% | CA$569.55K | CA$9.24 Million | CA$1.58 Million | CA$1.01 Million | ▼ -27.4 pp |
| 2022 | 33.6% | CA$3.11 Million | CA$9.27 Million | CA$3.95 Million | CA$840.59K | ▲ +2.4 pp |
| 2021 | 31.1% | CA$4.91 Million | CA$15.76 Million | CA$5.71 Million | CA$803.93K | ▼ -11.9 pp |
| 2020 | 43.1% | CA$8.48 Million | CA$19.67 Million | CA$9.09 Million | CA$614.82K | ▲ +24.6 pp |
| 2019 | 18.5% | CA$2.92 Million | CA$15.80 Million | CA$3.82 Million | CA$899.73K | ▼ -19.6 pp |
| 2018 | 38.1% | CA$3.07 Million | CA$8.06 Million | CA$6.67 Million | CA$3.60 Million | ▼ -24.2 pp |
| 2017 | 62.3% | CA$6.08 Million | CA$9.77 Million | CA$9.95 Million | CA$3.87 Million | ▼ -20.6 pp |
| 2016 | 82.8% | CA$10.50 Million | CA$12.68 Million | CA$12.25 Million | CA$1.75 Million | ▲ +13.2 pp |
| 2015 | 69.7% | CA$10.03 Million | CA$14.40 Million | CA$11.12 Million | CA$1.09 Million | ▼ -2.0 pp |
| 2014 | 71.6% | CA$15.01 Million | CA$20.95 Million | CA$20.25 Million | CA$5.24 Million | ▼ -28.1 pp |
| 2013 | 99.7% | CA$5.09 Million | CA$5.10 Million | CA$6.92 Million | CA$1.84 Million | — |