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 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. See how many days can Nickel North Exploration Corp fund operations to measure how many days the company can operate on defensive assets alone.
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 June 2026, the ratio stands at 139.9%, reflecting working capital of CA$2.68 Million against net assets of CA$1.92 Million CAD. For the complete balance sheet picture, see balance sheet size of Nickel North Exploration Corp.
Annual Working Capital to Net Assets for Nickel North Exploration Corp (2007–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Nickel North Exploration Corp from 2007 to 2025, covering 18 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check asset resilience ratio of Nickel North Exploration Corp to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 40.7% | CA$-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 | — |