Mobi724 Global Solutions Inc (MOS) — Working Capital to Net Assets Ratio
Mobi724 Global Solutions Inc (MOS) has a Working Capital to Net Assets ratio of 91.8% as of September 2023. Working capital of CA$-13.50 Million (current assets of CA$387.70K minus current liabilities of CA$13.89 Million) is measured against net assets of CA$-14.72 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Mobi724 Global Solutions Inc defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Mobi724 Global Solutions Inc Working Capital to Net Assets (2015–2022)
This chart shows how Mobi724 Global Solutions Inc's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2015 to 2022. As of September 2023, the ratio stands at 91.8%, reflecting working capital of CA$-13.50 Million against net assets of CA$-14.72 Million CAD. For the complete balance sheet picture, see balance sheet size of Mobi724 Global Solutions Inc.
Annual Working Capital to Net Assets for Mobi724 Global Solutions Inc (2015–2022)
The table below presents the year-by-year Working Capital to Net Assets ratio for Mobi724 Global Solutions Inc from 2015 to 2022, covering 8 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. Check MOS asset resilience ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | 97.0% | CA$-11.98 Million | CA$-12.36 Million | CA$1.02 Million | CA$13.00 Million | ▲ +2.8 pp |
| 2021 | 94.1% | CA$-8.06 Million | CA$-8.57 Million | CA$1.30 Million | CA$9.37 Million | ▲ +60.5 pp |
| 2020 | 33.6% | CA$-1.88 Million | CA$-5.61 Million | CA$721.47K | CA$2.61 Million | ▼ -354.2 pp |
| 2019 | 387.8% | CA$322.05K | CA$83.05K | CA$2.35 Million | CA$2.03 Million | ▲ +415.6 pp |
| 2018 | -27.8% | CA$-1.04 Million | CA$3.75 Million | CA$1.57 Million | CA$2.61 Million | ▼ -51.6 pp |
| 2017 | 23.8% | CA$2.16 Million | CA$9.11 Million | CA$5.64 Million | CA$3.48 Million | ▲ +527.9 pp |
| 2016 | -504.1% | CA$-7.46 Million | CA$1.48 Million | CA$1.10 Million | CA$8.56 Million | ▼ -186.0 pp |
| 2015 | -318.1% | CA$-4.73 Million | CA$1.49 Million | CA$707.68K | CA$5.44 Million | — |