Northern Graphite Corporation Working Capital to Net Assets Ratio
Northern Graphite Corporation working capital to net assets ratio. Northern Graphite Corporation (NGC) has a Working Capital to Net Assets ratio of 136.4% as of September 2025. Working capital of CA$-48.34 Million (current assets of CA$6.39 Million minus current liabilities of CA$54.72 Million) is measured against net assets of CA$-35.43 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check how tangible is Northern Graphite Corporation's equity 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 Northern Graphite Corporation (2009–2024)
Working capital to net assets ratio of Northern Graphite Corporation from 2009 to 2024. This chart shows how Northern Graphite Corporation's Working Capital to Net Assets ratio has evolved across 16 annual periods from 2009 to 2024. As of September 2025, the ratio stands at 136.4%, reflecting working capital of CA$-48.34 Million against net assets of CA$-35.43 Million CAD. See Northern Graphite Corporation liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Northern Graphite Corporation Working Capital to Net Assets Ratio by Year (2009–2024)
Northern Graphite Corporation working capital to net assets ratio by year from 2009 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Northern Graphite Corporation from 2009 to 2024, covering 16 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 NGC total asset value.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 175.0% | CA$-37.44 Million | CA$-21.40 Million | CA$11.85 Million | CA$49.29 Million | ▲ +111.0 pp |
| 2023 | 64.0% | CA$10.10 Million | CA$15.79 Million | CA$24.92 Million | CA$14.82 Million | ▲ +10.3 pp |
| 2022 | 53.7% | CA$19.41 Million | CA$36.18 Million | CA$29.68 Million | CA$10.27 Million | ▲ +33.0 pp |
| 2021 | 20.6% | CA$3.66 Million | CA$17.73 Million | CA$5.22 Million | CA$1.56 Million | ▲ +11.8 pp |
| 2020 | 8.8% | CA$1.29 Million | CA$14.67 Million | CA$1.50 Million | CA$207.74K | ▲ +0.0 pp |
| 2019 | 8.8% | CA$1.35 Million | CA$15.34 Million | CA$1.46 Million | CA$111.52K | ▼ -5.7 pp |
| 2018 | 14.5% | CA$2.30 Million | CA$15.92 Million | CA$2.53 Million | CA$228.20K | ▼ -7.2 pp |
| 2017 | 21.7% | CA$3.59 Million | CA$16.54 Million | CA$4.03 Million | CA$441.38K | ▲ +16.4 pp |
| 2016 | 5.3% | CA$692.18K | CA$13.00 Million | CA$767.49K | CA$75.31K | ▼ -4.3 pp |
| 2015 | 9.7% | CA$1.31 Million | CA$13.58 Million | CA$1.52 Million | CA$206.31K | ▼ -1.9 pp |
| 2014 | 11.5% | CA$1.54 Million | CA$13.33 Million | CA$1.87 Million | CA$331.61K | ▼ -11.2 pp |
| 2013 | 22.7% | CA$3.22 Million | CA$14.22 Million | CA$3.50 Million | CA$280.08K | ▼ -28.3 pp |
| 2012 | 51.0% | CA$8.00 Million | CA$15.69 Million | CA$8.48 Million | CA$481.13K | ▲ +27.6 pp |
| 2011 | 23.4% | CA$1.32 Million | CA$5.66 Million | CA$1.78 Million | CA$459.77K | ▲ +37.1 pp |
| 2010 | -13.7% | CA$-192.34K | CA$1.40 Million | CA$588.40K | CA$780.75K | ▼ -24.8 pp |
| 2009 | 11.1% | CA$-1.15 Million | CA$-10.36 Million | CA$317.26K | CA$1.47 Million | — |