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 57.4% as of May 2026. Working capital of CA$7.89 Million (current assets of CA$8.62 Million minus current liabilities of CA$728.91K) is measured against net assets of CA$13.74 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can Noble Mineral Exploration Inc fund operations to measure how many days the company can operate on defensive assets alone.
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 May 2026, the ratio stands at 57.4%, reflecting working capital of CA$7.89 Million against net assets of CA$13.74 Million CAD. For the complete balance sheet picture, see NOB asset 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. Check NOB financial resilience 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 | 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 | — |