Northern Graphite Corporation (NGC) — 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. See NGC cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Northern Graphite Corporation Working Capital to Net Assets (2009–2024)
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. For the complete balance sheet picture, see NGC total assets.
Annual Working Capital to Net Assets for Northern Graphite Corporation (2009–2024)
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. Check NGC asset resilience ratio to evaluate the company's liquid asset resilience ratio.
| 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 | — |