Niobay Metals Inc Working Capital to Net Assets Ratio
Niobay Metals Inc working capital to net assets ratio. Niobay Metals Inc (NBY) has a Working Capital to Net Assets ratio of 88.8% as of September 2025. Working capital of CA$2.67 Million (current assets of CA$2.86 Million minus current liabilities of CA$187.11K) is measured against net assets of CA$3.01 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Niobay Metals Inc tangible net worth ratio 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 Niobay Metals Inc (1997–2024)
Working capital to net assets ratio of Niobay Metals Inc from 1997 to 2024. This chart shows how Niobay Metals Inc's Working Capital to Net Assets ratio has evolved across 28 annual periods from 1997 to 2024. As of September 2025, the ratio stands at 88.8%, reflecting working capital of CA$2.67 Million against net assets of CA$3.01 Million CAD. See NBY days of operational coverage to measure how many days the company can operate on defensive assets alone.
Niobay Metals Inc Working Capital to Net Assets Ratio by Year (1997–2024)
Niobay Metals Inc working capital to net assets ratio by year from 1997 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Niobay Metals Inc from 1997 to 2024, covering 28 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 total assets of Niobay Metals Inc.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 84.1% | CA$2.67 Million | CA$3.17 Million | CA$3.05 Million | CA$382.57K | ▼ -3.4 pp |
| 2023 | 87.4% | CA$3.41 Million | CA$3.90 Million | CA$3.57 Million | CA$154.49K | ▼ -1.1 pp |
| 2022 | 88.6% | CA$4.77 Million | CA$5.38 Million | CA$5.55 Million | CA$782.90K | ▼ -8.3 pp |
| 2021 | 96.8% | CA$9.71 Million | CA$10.03 Million | CA$10.81 Million | CA$1.11 Million | ▲ +3.3 pp |
| 2020 | 93.5% | CA$12.43 Million | CA$13.29 Million | CA$13.49 Million | CA$1.06 Million | ▲ +8.5 pp |
| 2019 | 85.1% | CA$2.89 Million | CA$3.40 Million | CA$3.57 Million | CA$683.82K | ▲ +4.2 pp |
| 2018 | 80.8% | CA$2.19 Million | CA$2.72 Million | CA$2.53 Million | CA$331.34K | ▲ +46.0 pp |
| 2017 | 34.8% | CA$1.04 Million | CA$2.97 Million | CA$1.47 Million | CA$438.31K | ▼ -39.7 pp |
| 2016 | 74.5% | CA$1.87 Million | CA$2.51 Million | CA$2.49 Million | CA$620.60K | ▲ +70.5 pp |
| 2015 | 4.0% | CA$314.25K | CA$7.91 Million | CA$551.14K | CA$236.89K | ▲ +0.1 pp |
| 2014 | 3.9% | CA$950.63K | CA$24.27 Million | CA$1.82 Million | CA$864.83K | ▼ -3.3 pp |
| 2013 | 7.3% | CA$2.11 Million | CA$29.13 Million | CA$2.87 Million | CA$753.53K | ▼ -7.1 pp |
| 2012 | 14.3% | CA$4.90 Million | CA$34.16 Million | CA$5.72 Million | CA$828.95K | ▼ -7.8 pp |
| 2011 | 22.1% | CA$10.47 Million | CA$47.31 Million | CA$10.98 Million | CA$503.10K | ▼ -0.8 pp |
| 2010 | 23.0% | CA$10.19 Million | CA$44.39 Million | CA$11.42 Million | CA$1.23 Million | ▼ -22.0 pp |
| 2009 | 44.9% | CA$19.81 Million | CA$44.10 Million | CA$20.96 Million | CA$1.15 Million | ▼ -10.8 pp |
| 2008 | 55.7% | CA$24.72 Million | CA$44.36 Million | CA$25.29 Million | CA$571.70K | ▲ +20.4 pp |
| 2007 | 35.4% | CA$7.99 Million | CA$22.60 Million | CA$16.16 Million | CA$8.17 Million | ▲ +60.3 pp |
| 2006 | -24.9% | CA$-4.02 Million | CA$16.14 Million | CA$3.11 Million | CA$7.13 Million | ▼ -20.5 pp |
| 2005 | -4.5% | CA$-798.90K | CA$17.93 Million | CA$1.67 Million | CA$2.47 Million | ▼ -13.2 pp |
| 2004 | 8.7% | CA$1.67 Million | CA$19.21 Million | CA$1.82 Million | CA$148.07K | ▲ +84.0 pp |
| 2003 | -75.3% | CA$-7.59 Million | CA$10.07 Million | CA$633.98K | CA$8.22 Million | ▼ -34.4 pp |
| 2002 | -41.0% | CA$-5.06 Million | CA$12.36 Million | CA$1.37 Million | CA$6.44 Million | ▼ -31.0 pp |
| 2001 | -9.9% | CA$-1.36 Million | CA$13.68 Million | CA$1.62 Million | CA$2.98 Million | ▼ -22.3 pp |
| 2000 | 12.4% | CA$1.60 Million | CA$12.87 Million | CA$1.81 Million | CA$209.26K | ▼ -0.7 pp |
| 1999 | 13.1% | CA$1.30 Million | CA$9.92 Million | CA$1.59 Million | CA$294.83K | ▲ +3.6 pp |
| 1998 | 9.4% | CA$801.17K | CA$8.48 Million | CA$1.13 Million | CA$324.02K | ▼ -10.0 pp |
| 1997 | 19.5% | CA$1.47 Million | CA$7.56 Million | CA$1.70 Million | CA$227.34K | — |