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 69.0% as of February 2026. Working capital of CA$13.09 Million (current assets of CA$13.73 Million minus current liabilities of CA$635.53K) is measured against net assets of CA$18.97 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Noble Mineral Exploration Inc 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
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 February 2026, the ratio stands at 69.0%, reflecting working capital of CA$13.09 Million against net assets of CA$18.97 Million CAD. See defensive interval ratio of Noble Mineral Exploration Inc to measure how many days the company can operate on defensive assets alone.
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 Noble Mineral Exploration Inc stock valuation.
| 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 | — |