Nickel North Exploration Corp Working Capital to Net Assets Ratio
Nickel North Exploration Corp working capital to net assets ratio. Nickel North Exploration Corp (NNX) has a Working Capital to Net Assets ratio of 139.9% as of June 2026. Working capital of CA$2.68 Million (current assets of CA$4.67 Million minus current liabilities of CA$1.98 Million) is measured against net assets of CA$1.92 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Nickel North Exploration Corp (NNX) tangible net worth 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 Nickel North Exploration Corp (2007–2025)
Working capital to net assets ratio of Nickel North Exploration Corp from 2007 to 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 June 2026, the ratio stands at 139.9%, reflecting working capital of CA$2.68 Million against net assets of CA$1.92 Million CAD. See how many days can Nickel North Exploration Corp fund operations to measure how many days the company can operate on defensive assets alone.
Nickel North Exploration Corp Working Capital to Net Assets Ratio by Year (2007–2025)
Nickel North Exploration Corp working capital to net assets ratio by year from 2007 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Nickel North Exploration Corp from 2007 to 2025, covering 18 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see NNX current and non-current assets.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 40.7% | CA$-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 | — |