Minaean SP Construction Corp (MSP) — Working Capital to Net Assets Ratio
Minaean SP Construction Corp (MSP) has a Working Capital to Net Assets ratio of 126.2% as of September 2025. Working capital of CA$48.42K (current assets of CA$539.03K minus current liabilities of CA$490.61K) is measured against net assets of CA$38.38K. A higher ratio indicates strong short-term liquidity financed by the equity base. See Minaean SP Construction Corp 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
Minaean SP Construction Corp Working Capital to Net Assets (2001–2025)
This chart shows how Minaean SP Construction Corp's Working Capital to Net Assets ratio has evolved across 25 annual periods from 2001 to 2025. As of September 2025, the ratio stands at 126.2%, reflecting working capital of CA$48.42K against net assets of CA$38.38K CAD. For the complete balance sheet picture, see Minaean SP Construction Corp balance sheet assets.
Annual Working Capital to Net Assets for Minaean SP Construction Corp (2001–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Minaean SP Construction Corp from 2001 to 2025, covering 25 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check MSP financial resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 91.4% | CA$-424.05K | CA$-464.21K | CA$196.69K | CA$620.74K | ▼ -4.5 pp |
| 2024 | 95.8% | CA$-930.71K | CA$-971.09K | CA$131.14K | CA$1.06 Million | ▲ +0.5 pp |
| 2023 | 95.3% | CA$-734.86K | CA$-770.93K | CA$79.58K | CA$814.44K | ▲ +1374.7 pp |
| 2022 | -1279.4% | CA$-465.23K | CA$36.36K | CA$117.89K | CA$583.12K | ▼ -1247.5 pp |
| 2021 | -31.9% | CA$-280.13K | CA$878.33K | CA$141.19K | CA$421.31K | ▼ -15.0 pp |
| 2020 | -16.8% | CA$-147.10K | CA$872.99K | CA$347.37K | CA$494.46K | ▼ -16.1 pp |
| 2019 | -0.8% | CA$-6.45K | CA$844.94K | CA$442.13K | CA$448.58K | ▼ -71.7 pp |
| 2018 | 71.0% | CA$702.61K | CA$989.95K | CA$1.17 Million | CA$463.09K | ▲ +21.1 pp |
| 2017 | 49.9% | CA$427.37K | CA$856.38K | CA$836.41K | CA$409.04K | ▲ +55.2 pp |
| 2016 | -5.3% | CA$-17.86K | CA$334.71K | CA$409.26K | CA$427.13K | ▼ -118.0 pp |
| 2015 | 112.6% | CA$-4.34 Million | CA$-3.85 Million | CA$378.48K | CA$4.71 Million | ▲ +2.3 pp |
| 2014 | 110.3% | CA$-4.02 Million | CA$-3.65 Million | CA$716.75K | CA$4.74 Million | ▲ +5.7 pp |
| 2013 | 104.6% | CA$-3.22 Million | CA$-3.08 Million | CA$446.53K | CA$3.67 Million | ▲ +8.6 pp |
| 2012 | 96.0% | CA$-2.59 Million | CA$-2.70 Million | CA$474.70K | CA$3.06 Million | ▲ +14.6 pp |
| 2011 | 81.4% | CA$-1.97 Million | CA$-2.43 Million | CA$1.53 Million | CA$3.51 Million | ▲ +11.0 pp |
| 2010 | 70.4% | CA$-1.16 Million | CA$-1.64 Million | CA$1.96 Million | CA$3.12 Million | ▲ +13.5 pp |
| 2009 | 56.8% | CA$-288.27K | CA$-507.30K | CA$3.48 Million | CA$3.77 Million | ▼ -614.7 pp |
| 2008 | 671.6% | CA$-549.98K | CA$-81.90K | CA$2.74 Million | CA$3.29 Million | ▲ +586.4 pp |
| 2007 | 85.1% | CA$638.27K | CA$749.72K | CA$2.89 Million | CA$2.25 Million | ▼ -18.7 pp |
| 2006 | 103.9% | CA$366.37K | CA$352.73K | CA$961.88K | CA$595.50K | ▲ +11.4 pp |
| 2005 | 92.5% | CA$732.96K | CA$792.49K | CA$1.15 Million | CA$412.40K | ▲ +11.3 pp |
| 2004 | 81.2% | CA$532.82K | CA$656.41K | CA$759.50K | CA$226.68K | ▼ -18.8 pp |
| 2003 | 100.0% | CA$387.52K | CA$387.52K | CA$427.03K | CA$39.51K | ▲ +0.0 pp |
| 2002 | 100.0% | CA$443.57K | CA$443.57K | CA$447.11K | CA$3.54K | ▲ +0.0 pp |
| 2001 | 100.0% | CA$443.62K | CA$443.62K | CA$444.11K | CA$496.00 | — |