Mobi724 Global Solutions Inc Working Capital to Net Assets Ratio
Mobi724 Global Solutions Inc 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. Check Mobi724 Global Solutions Inc 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 Mobi724 Global Solutions Inc (2015–2022)
Working capital to net assets ratio of Mobi724 Global Solutions Inc from 2015 to 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. See defensive interval ratio of Mobi724 Global Solutions Inc to measure how many days the company can operate on defensive assets alone.
Mobi724 Global Solutions Inc Working Capital to Net Assets Ratio by Year (2015–2022)
Mobi724 Global Solutions Inc working capital to net assets ratio by year from 2015 to 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. For the complete balance sheet picture, see MOS total asset value.
| 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 | — |