Nickel North Exploration Corp (NNX) — Working Capital to Net Assets Ratio
Nickel North Exploration Corp (NNX) has a Working Capital to Net Assets ratio of 15.9% as of March 2026. Working capital of CA$-139.96K (current assets of CA$1.87 Million minus current liabilities of CA$2.01 Million) is measured against net assets of CA$-881.07K. A higher ratio indicates strong short-term liquidity financed by the equity base. See Nickel North Exploration Corp leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Nickel North Exploration Corp Working Capital to Net Assets (2007–2025)
This chart shows how Nickel North Exploration Corp's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2007 to 2025. As of March 2026, the ratio stands at 15.9%, reflecting working capital of CA$-139.96K against net assets of CA$-881.07K CAD. See Nickel North Exploration Corp liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Nickel North Exploration Corp (2007–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Nickel North Exploration Corp from 2007 to 2025, covering 18 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 live market cap and the full company profile, see how much is Nickel North Exploration Corp worth.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 40.7% | CA$-495.31K | CA$-1.22 Million | CA$1.42 Million | CA$1.91 Million | ▼ -58.3 pp |
| 2024 | 99.0% | CA$-2.78 Million | CA$-2.81 Million | CA$30.41K | CA$2.81 Million | ▲ +2.1 pp |
| 2023 | 96.9% | CA$-2.23 Million | CA$-2.30 Million | CA$46.22K | CA$2.28 Million | ▼ -2.4 pp |
| 2022 | 99.4% | CA$-1.71 Million | CA$-1.73 Million | CA$142.74K | CA$1.86 Million | ▲ +118.6 pp |
| 2021 | -19.3% | CA$-1.74 Million | CA$9.02 Million | CA$54.62K | CA$1.79 Million | ▼ -2.2 pp |
| 2020 | -17.1% | CA$-1.56 Million | CA$9.14 Million | CA$91.56K | CA$1.65 Million | ▼ -3.4 pp |
| 2019 | -13.7% | CA$-1.28 Million | CA$9.37 Million | CA$74.39K | CA$1.36 Million | ▼ -4.4 pp |
| 2018 | -9.3% | CA$-898.84K | CA$9.68 Million | CA$95.47K | CA$994.31K | ▼ -4.4 pp |
| 2017 | -4.9% | CA$-486.99K | CA$9.95 Million | CA$162.96K | CA$649.95K | ▼ -4.2 pp |
| 2016 | -0.7% | CA$-67.65K | CA$10.40 Million | CA$360.23K | CA$427.87K | ▼ -3.7 pp |
| 2015 | 3.1% | CA$324.61K | CA$10.60 Million | CA$362.16K | CA$37.55K | ▲ +8.9 pp |
| 2014 | -5.8% | CA$-563.86K | CA$9.68 Million | CA$490.71K | CA$1.05 Million | ▼ -24.7 pp |
| 2013 | 18.9% | CA$1.90 Million | CA$10.06 Million | CA$2.44 Million | CA$536.99K | ▼ -81.1 pp |
| 2011 | 100.0% | CA$-66.11K | CA$-66.11K | CA$266.40K | CA$332.51K | ▲ +0.0 pp |
| 2010 | 100.0% | CA$-357.29K | CA$-357.29K | CA$43.93K | CA$401.22K | ▲ +0.0 pp |
| 2009 | 100.0% | CA$-290.72K | CA$-290.72K | CA$36.72K | CA$327.44K | ▲ +0.0 pp |
| 2008 | 100.0% | CA$-83.29K | CA$-83.29K | CA$97.48K | CA$180.77K | ▲ +0.0 pp |
| 2007 | 100.0% | CA$229.75K | CA$229.75K | CA$246.15K | CA$16.40K | — |