Manitex Capital Inc Working Capital to Net Assets Ratio
Manitex Capital Inc 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. Check Manitex Capital Inc (MNX) tangible net worth 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 Manitex Capital Inc (2013–2023)
Working capital to net assets ratio of Manitex Capital Inc from 2013 to 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 Manitex Capital Inc (MNX) liquidity interval to measure how many days the company can operate on defensive assets alone.
Manitex Capital Inc Working Capital to Net Assets Ratio by Year (2013–2023)
Manitex Capital Inc working capital to net assets ratio by year from 2013 to 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 the complete balance sheet picture, see MNX asset base.
| 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 | — |