Metalex Ventures Ltd. (MTX) — Working Capital to Net Assets Ratio
Metalex Ventures Ltd. (MTX) has a Working Capital to Net Assets ratio of -30.2% as of October 2025. Working capital of CA$-2.03 Million (current assets of CA$621.14K minus current liabilities of CA$2.65 Million) is measured against net assets of CA$6.72 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Metalex Ventures Ltd. liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Metalex Ventures Ltd. Working Capital to Net Assets (2002–2025)
This chart shows how Metalex Ventures Ltd.'s Working Capital to Net Assets ratio has evolved across 24 annual periods from 2002 to 2025. As of October 2025, the ratio stands at -30.2%, reflecting working capital of CA$-2.03 Million against net assets of CA$6.72 Million CAD. For the complete balance sheet picture, see Metalex Ventures Ltd. balance sheet assets.
Annual Working Capital to Net Assets for Metalex Ventures Ltd. (2002–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Metalex Ventures Ltd. from 2002 to 2025, covering 24 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check how resilient are Metalex Ventures Ltd.'s assets to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -35.2% | CA$-1.90 Million | CA$5.41 Million | CA$1.15 Million | CA$3.05 Million | ▲ +11.4 pp |
| 2024 | -46.5% | CA$-1.94 Million | CA$4.18 Million | CA$458.05K | CA$2.40 Million | ▼ -50.7 pp |
| 2023 | 4.1% | CA$261.70K | CA$6.31 Million | CA$2.38 Million | CA$2.11 Million | ▲ +20.0 pp |
| 2022 | -15.9% | CA$-823.59K | CA$5.19 Million | CA$781.74K | CA$1.61 Million | ▼ -29.5 pp |
| 2021 | 13.6% | CA$486.88K | CA$3.58 Million | CA$2.52 Million | CA$2.03 Million | ▼ -388.8 pp |
| 2020 | 402.4% | CA$-3.73 Million | CA$-928.06K | CA$299.66K | CA$4.03 Million | ▲ +225.2 pp |
| 2019 | 177.3% | CA$-3.21 Million | CA$-1.81 Million | CA$444.90K | CA$3.66 Million | ▼ -0.7 pp |
| 2018 | 177.9% | CA$-3.15 Million | CA$-1.77 Million | CA$580.58K | CA$3.73 Million | ▲ +22.7 pp |
| 2017 | 155.3% | CA$-3.94 Million | CA$-2.54 Million | CA$755.78K | CA$4.70 Million | ▼ -13.9 pp |
| 2016 | 169.2% | CA$-3.33 Million | CA$-1.97 Million | CA$899.63K | CA$4.22 Million | ▼ -28.8 pp |
| 2015 | 198.0% | CA$-2.89 Million | CA$-1.46 Million | CA$1.82 Million | CA$4.71 Million | ▲ +324.3 pp |
| 2014 | -126.4% | CA$-809.11K | CA$640.30K | CA$3.70 Million | CA$4.51 Million | ▼ -199.2 pp |
| 2013 | 72.8% | CA$4.02 Million | CA$5.52 Million | CA$7.33 Million | CA$3.31 Million | ▼ -23.7 pp |
| 2012 | 96.5% | CA$13.94 Million | CA$14.44 Million | CA$15.88 Million | CA$1.94 Million | ▲ +0.0 pp |
| 2011 | 96.5% | CA$16.06 Million | CA$16.64 Million | CA$18.49 Million | CA$2.43 Million | ▲ +1.5 pp |
| 2010 | 95.1% | CA$7.82 Million | CA$8.23 Million | CA$10.08 Million | CA$2.25 Million | ▼ -19.0 pp |
| 2009 | 114.0% | CA$-5.62 Million | CA$-4.93 Million | CA$1.13 Million | CA$6.75 Million | ▲ +113.3 pp |
| 2008 | 0.8% | CA$302.41K | CA$40.25 Million | CA$3.79 Million | CA$3.49 Million | ▲ +2.6 pp |
| 2007 | -1.9% | CA$-650.67K | CA$35.02 Million | CA$2.23 Million | CA$2.88 Million | ▼ -28.0 pp |
| 2006 | 26.1% | CA$9.37 Million | CA$35.85 Million | CA$15.28 Million | CA$5.91 Million | ▲ +20.9 pp |
| 2005 | 5.3% | CA$850.90K | CA$16.18 Million | CA$2.38 Million | CA$1.53 Million | ▼ -47.5 pp |
| 2004 | 52.8% | CA$7.81 Million | CA$14.80 Million | CA$8.16 Million | CA$348.37K | ▲ +61.5 pp |
| 2003 | -8.7% | CA$-276.33K | CA$3.16 Million | CA$14.50K | CA$290.83K | ▲ +120.6 pp |
| 2002 | -129.4% | CA$-300.66K | CA$232.40K | CA$9.76K | CA$310.42K | — |