New Destiny Mining Corp Working Capital to Net Assets Ratio
New Destiny Mining Corp working capital to net assets ratio. New Destiny Mining Corp (NED) has a Working Capital to Net Assets ratio of 100.3% as of March 2026. Working capital of CA$-2.49 Million (current assets of CA$3.13K minus current liabilities of CA$2.49 Million) is measured against net assets of CA$-2.48 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check New Destiny Mining Corp tangible book value 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 New Destiny Mining Corp (2014–2025)
Working capital to net assets ratio of New Destiny Mining Corp from 2014 to 2025. This chart shows how New Destiny Mining Corp's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2014 to 2025. As of March 2026, the ratio stands at 100.3%, reflecting working capital of CA$-2.49 Million against net assets of CA$-2.48 Million CAD. See defensive interval ratio of New Destiny Mining Corp to measure how many days the company can operate on defensive assets alone.
New Destiny Mining Corp Working Capital to Net Assets Ratio by Year (2014–2025)
New Destiny Mining Corp working capital to net assets ratio by year from 2014 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for New Destiny Mining Corp from 2014 to 2025, covering 12 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 how large is New Destiny Mining Corp's balance sheet.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 100.4% | CA$-2.21 Million | CA$-2.20 Million | CA$4.28K | CA$2.21 Million | ▼ -0.2 pp |
| 2024 | 100.6% | CA$-1.39 Million | CA$-1.38 Million | CA$23.52K | CA$1.42 Million | ▼ -0.7 pp |
| 2023 | 101.2% | CA$-651.35K | CA$-643.35K | CA$6.17K | CA$657.52K | ▼ -0.2 pp |
| 2022 | 101.4% | CA$-581.73K | CA$-573.73K | CA$1.57K | CA$583.29K | ▼ 0.0 pp |
| 2021 | 101.4% | CA$-564.80K | CA$-556.80K | CA$3.49K | CA$568.28K | ▼ -0.1 pp |
| 2020 | 101.5% | CA$-537.43K | CA$-529.43K | CA$2.25K | CA$539.68K | ▼ -0.3 pp |
| 2019 | 101.8% | CA$-488.10K | CA$-479.53K | CA$10.40K | CA$498.50K | ▼ -12.7 pp |
| 2018 | 114.5% | CA$-129.11K | CA$-112.80K | CA$66.56K | CA$195.67K | ▲ +14.5 pp |
| 2017 | 100.0% | CA$-134.18K | CA$-134.18K | CA$15.45K | CA$149.62K | ▲ +0.0 pp |
| 2016 | 100.0% | CA$-199.46K | CA$-199.46K | CA$1.52K | CA$200.98K | ▲ +238.8 pp |
| 2015 | -138.8% | CA$-94.24K | CA$67.90K | CA$2.82K | CA$97.06K | ▼ -261.7 pp |
| 2014 | 122.9% | CA$-89.15K | CA$-72.52K | CA$7.57K | CA$96.72K | — |