Medicure Inc (MPH) — Working Capital to Net Assets Ratio
Medicure Inc (MPH) has a Working Capital to Net Assets ratio of 22.6% as of September 2025. Working capital of CA$3.90 Million (current assets of CA$12.80 Million minus current liabilities of CA$8.89 Million) is measured against net assets of CA$17.31 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Medicure Inc (MPH) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Medicure Inc Working Capital to Net Assets (2000–2024)
This chart shows how Medicure Inc's Working Capital to Net Assets ratio has evolved across 25 annual periods from 2000 to 2024. As of September 2025, the ratio stands at 22.6%, reflecting working capital of CA$3.90 Million against net assets of CA$17.31 Million CAD. Check MPH tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Medicure Inc (2000–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Medicure Inc from 2000 to 2024, covering 25 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 MPH stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 36.1% | CA$7.50 Million | CA$20.78 Million | CA$15.90 Million | CA$8.39 Million | ▼ -0.4 pp |
| 2023 | 36.6% | CA$7.27 Million | CA$19.90 Million | CA$15.21 Million | CA$7.93 Million | ▲ +5.8 pp |
| 2022 | 30.7% | CA$6.46 Million | CA$21.00 Million | CA$14.85 Million | CA$8.39 Million | ▲ +8.8 pp |
| 2021 | 22.0% | CA$4.04 Million | CA$18.41 Million | CA$12.55 Million | CA$8.51 Million | ▲ +4.4 pp |
| 2020 | 17.6% | CA$3.37 Million | CA$19.15 Million | CA$15.68 Million | CA$12.31 Million | ▼ -55.5 pp |
| 2019 | 73.1% | CA$19.70 Million | CA$26.94 Million | CA$31.36 Million | CA$11.66 Million | ▼ -13.8 pp |
| 2018 | 86.9% | CA$72.65 Million | CA$83.59 Million | CA$89.59 Million | CA$16.93 Million | ▼ -0.9 pp |
| 2017 | 87.8% | CA$70.88 Million | CA$80.71 Million | CA$114.56 Million | CA$43.67 Million | ▲ +102.4 pp |
| 2016 | -14.6% | CA$-5.67 Million | CA$38.96 Million | CA$55.21 Million | CA$60.89 Million | ▼ -173.6 pp |
| 2015 | 159.0% | CA$7.10 Million | CA$4.46 Million | CA$17.45 Million | CA$10.35 Million | ▲ +146.2 pp |
| 2014 | 12.9% | CA$-503.40K | CA$-3.91 Million | CA$3.87 Million | CA$4.38 Million | ▼ -1.9 pp |
| 2013 | 14.8% | CA$-869.16K | CA$-5.88 Million | CA$2.15 Million | CA$3.02 Million | ▼ -33.0 pp |
| 2012 | 47.7% | CA$-2.07 Million | CA$-4.33 Million | CA$1.49 Million | CA$3.56 Million | ▲ +93.5 pp |
| 2011 | -45.8% | CA$833.66K | CA$-1.82 Million | CA$2.21 Million | CA$1.38 Million | ▼ -158.2 pp |
| 2010 | 112.5% | CA$-30.24 Million | CA$-26.89 Million | CA$1.82 Million | CA$32.07 Million | ▼ -5.5 pp |
| 2009 | 118.0% | CA$-29.44 Million | CA$-24.96 Million | CA$1.49 Million | CA$30.93 Million | ▲ +115.2 pp |
| 2008 | 2.7% | CA$-535.33K | CA$-19.55 Million | CA$3.52 Million | CA$4.05 Million | ▲ +82.7 pp |
| 2007 | -80.0% | CA$5.24 Million | CA$-6.56 Million | CA$14.40 Million | CA$9.16 Million | ▼ -141.5 pp |
| 2006 | 61.6% | CA$21.13 Million | CA$34.31 Million | CA$35.83 Million | CA$14.70 Million | ▼ -30.4 pp |
| 2005 | 92.0% | CA$34.20 Million | CA$37.17 Million | CA$35.84 Million | CA$1.64 Million | ▲ +11.3 pp |
| 2004 | 80.7% | CA$5.93 Million | CA$7.34 Million | CA$8.66 Million | CA$2.73 Million | ▼ -14.4 pp |
| 2003 | 95.2% | CA$20.53 Million | CA$21.57 Million | CA$21.34 Million | CA$817.58K | ▲ +12.0 pp |
| 2002 | 83.2% | CA$4.11 Million | CA$4.94 Million | CA$4.47 Million | CA$353.91K | ▼ -10.2 pp |
| 2001 | 93.4% | CA$8.39 Million | CA$8.99 Million | CA$8.78 Million | CA$389.66K | ▲ +3.2 pp |
| 2000 | 90.2% | CA$3.47 Million | CA$3.85 Million | CA$4.05 Million | CA$570.08K | — |