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 MSP net asset quality score to measure how much of total assets are equity-financed.
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$38.38K CAD. Check Minaean SP Construction Corp tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Minaean SP Construction Corp (2001–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Minaean SP Construction Corp from 2001 to 2025, covering 25 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see MSP market cap overview.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 91.4% | CA$-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 | — |