Surge Battery Metals Inc Working Capital to Net Assets Ratio
Surge Battery Metals Inc working capital to net assets ratio. Surge Battery Metals Inc (NILI) has a Working Capital to Net Assets ratio of 8.3% as of September 2025. Working capital of CA$1.08 Million (current assets of CA$1.67 Million minus current liabilities of CA$590.00K) is measured against net assets of CA$13.02 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check how tangible is Surge Battery Metals Inc'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 Surge Battery Metals Inc (2017–2024)
Working capital to net assets ratio of Surge Battery Metals Inc from 2017 to 2024. This chart shows how Surge Battery Metals Inc's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 8.3%, reflecting working capital of CA$1.08 Million against net assets of CA$13.02 Million CAD. See defensive interval ratio of Surge Battery Metals Inc to measure how many days the company can operate on defensive assets alone.
Surge Battery Metals Inc Working Capital to Net Assets Ratio by Year (2017–2024)
Surge Battery Metals Inc working capital to net assets ratio by year from 2017 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Surge Battery Metals Inc from 2017 to 2024, covering 8 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 Surge Battery Metals Inc balance sheet assets.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 14.5% | CA$1.72 Million | CA$11.86 Million | CA$2.12 Million | CA$399.12K | ▼ -26.0 pp |
| 2023 | 40.5% | CA$6.60 Million | CA$16.30 Million | CA$6.80 Million | CA$201.80K | ▲ +19.0 pp |
| 2022 | 21.4% | CA$949.35K | CA$4.43 Million | CA$1.15 Million | CA$199.68K | ▼ -48.3 pp |
| 2021 | 69.8% | CA$4.05 Million | CA$5.80 Million | CA$4.31 Million | CA$263.48K | ▼ -94.2 pp |
| 2020 | 164.0% | CA$-124.14K | CA$-75.68K | CA$222.28K | CA$346.42K | ▲ +143.5 pp |
| 2019 | 20.5% | CA$70.64K | CA$344.10K | CA$258.01K | CA$187.37K | ▲ +0.1 pp |
| 2018 | 20.4% | CA$182.28K | CA$891.88K | CA$297.44K | CA$115.15K | ▼ -76.4 pp |
| 2017 | 96.8% | CA$1.28 Million | CA$1.33 Million | CA$1.71 Million | CA$425.75K | — |