Noble Mineral Exploration Inc (NOB) — Working Capital to Net Assets Ratio
Noble Mineral Exploration Inc (NOB) has a Working Capital to Net Assets ratio of 45.0% as of November 2025. Working capital of CA$4.51 Million (current assets of CA$5.12 Million minus current liabilities of CA$612.63K) is measured against net assets of CA$10.00 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Noble Mineral Exploration Inc net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Noble Mineral Exploration Inc Working Capital to Net Assets (2000–2025)
This chart shows how Noble Mineral Exploration Inc's Working Capital to Net Assets ratio has evolved across 26 annual periods from 2000 to 2025. As of November 2025, the ratio stands at 45.0%, reflecting working capital of CA$4.51 Million against net assets of CA$10.00 Million CAD. Check Noble Mineral Exploration Inc (NOB) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Noble Mineral Exploration Inc (2000–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Noble Mineral Exploration Inc from 2000 to 2025, covering 26 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 market value of Noble Mineral Exploration Inc.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 34.1% | CA$2.90 Million | CA$8.52 Million | CA$3.46 Million | CA$556.27K | ▲ +1.9 pp |
| 2024 | 32.2% | CA$2.84 Million | CA$8.82 Million | CA$3.50 Million | CA$656.65K | ▼ -15.5 pp |
| 2023 | 47.7% | CA$4.45 Million | CA$9.33 Million | CA$4.86 Million | CA$410.31K | ▼ -22.2 pp |
| 2022 | 69.8% | CA$7.59 Million | CA$10.87 Million | CA$8.33 Million | CA$738.25K | ▼ -0.6 pp |
| 2021 | 70.4% | CA$9.67 Million | CA$13.73 Million | CA$10.56 Million | CA$883.89K | ▲ +6.8 pp |
| 2020 | 63.6% | CA$5.56 Million | CA$8.74 Million | CA$6.53 Million | CA$964.91K | ▲ +37.6 pp |
| 2019 | 26.0% | CA$1.11 Million | CA$4.28 Million | CA$1.48 Million | CA$363.69K | ▲ +20.3 pp |
| 2018 | 5.7% | CA$182.99K | CA$3.21 Million | CA$1.26 Million | CA$1.08 Million | ▼ -49.3 pp |
| 2017 | 55.0% | CA$1.48 Million | CA$2.70 Million | CA$2.89 Million | CA$1.41 Million | ▼ -126.5 pp |
| 2016 | 181.4% | CA$-2.75 Million | CA$-1.51 Million | CA$19.05K | CA$2.77 Million | ▲ +35.9 pp |
| 2015 | 145.6% | CA$-1.90 Million | CA$-1.31 Million | CA$15.20K | CA$1.91 Million | ▲ +202.8 pp |
| 2014 | -57.3% | CA$-1.39 Million | CA$2.43 Million | CA$501.64K | CA$1.89 Million | ▼ -48.7 pp |
| 2013 | -8.6% | CA$-491.04K | CA$5.69 Million | CA$109.27K | CA$600.31K | ▲ +5.1 pp |
| 2012 | -13.7% | CA$-1.02 Million | CA$7.44 Million | CA$939.22K | CA$1.96 Million | ▼ -48.1 pp |
| 2011 | 34.3% | CA$1.18 Million | CA$3.45 Million | CA$1.66 Million | CA$474.74K | ▲ +14.1 pp |
| 2010 | 20.2% | CA$722.61K | CA$3.58 Million | CA$1.05 Million | CA$328.81K | ▼ -0.2 pp |
| 2009 | 20.4% | CA$678.08K | CA$3.32 Million | CA$929.70K | CA$251.62K | ▼ -25.9 pp |
| 2008 | 46.3% | CA$3.01 Million | CA$6.49 Million | CA$3.45 Million | CA$443.57K | ▼ -21.4 pp |
| 2007 | 67.7% | CA$3.89 Million | CA$5.74 Million | CA$4.04 Million | CA$151.21K | ▲ +36.2 pp |
| 2006 | 31.6% | CA$392.20K | CA$1.24 Million | CA$754.41K | CA$362.20K | ▲ +93.8 pp |
| 2005 | -62.3% | CA$-308.64K | CA$495.68K | CA$352.89K | CA$661.53K | ▼ -80.6 pp |
| 2004 | 18.4% | CA$230.99K | CA$1.26 Million | CA$410.08K | CA$179.09K | ▲ +95.4 pp |
| 2003 | -77.0% | CA$-1.49 Million | CA$1.93 Million | CA$202.17K | CA$1.69 Million | ▼ -177.0 pp |
| 2002 | 100.0% | CA$-156.06K | CA$-156.05K | CA$1.02K | CA$157.07K | ▼ 0.0 pp |
| 2001 | 100.0% | CA$-132.16K | CA$-132.16K | CA$5.40K | CA$137.56K | ▼ 0.0 pp |
| 2000 | 100.0% | CA$-113.90K | CA$-113.90K | CA$66.46K | CA$180.36K | — |