Norden Crown Metals Corp Working Capital to Net Assets Ratio
Norden Crown Metals Corp working capital to net assets ratio. Norden Crown Metals Corp (NOCR) has a Working Capital to Net Assets ratio of -291.5% as of December 2024. Working capital of CA$-814.98K (current assets of CA$111.17K minus current liabilities of CA$926.15K) is measured against net assets of CA$279.57K. A higher ratio indicates strong short-term liquidity financed by the equity base. Check NOCR tangible net worth ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Norden Crown Metals Corp (2016–2024)
Working capital to net assets ratio of Norden Crown Metals Corp from 2016 to 2024. This chart shows how Norden Crown Metals Corp's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of December 2024, the ratio stands at -291.5%, reflecting working capital of CA$-814.98K against net assets of CA$279.57K CAD. See how many days can Norden Crown Metals Corp fund operations to measure how many days the company can operate on defensive assets alone.
Norden Crown Metals Corp Working Capital to Net Assets Ratio by Year (2016–2024)
Norden Crown Metals Corp working capital to net assets ratio by year from 2016 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Norden Crown Metals Corp from 2016 to 2024, covering 9 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see total assets of Norden Crown Metals Corp.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -291.5% | CA$-814.98K | CA$279.57K | CA$111.17K | CA$926.15K | ▼ -233.8 pp |
| 2023 | -57.7% | CA$-1.56 Million | CA$2.70 Million | CA$181.45K | CA$1.74 Million | ▼ -43.4 pp |
| 2022 | -14.2% | CA$-672.99K | CA$4.73 Million | CA$837.41K | CA$1.51 Million | ▼ -22.4 pp |
| 2021 | 8.2% | CA$463.52K | CA$5.67 Million | CA$1.18 Million | CA$716.78K | ▲ +9.2 pp |
| 2020 | -1.0% | CA$-47.77K | CA$4.82 Million | CA$1.18 Million | CA$1.22 Million | ▲ +36.4 pp |
| 2019 | -37.4% | CA$-1.14 Million | CA$3.04 Million | CA$155.76K | CA$1.29 Million | ▼ -39.7 pp |
| 2018 | 2.3% | CA$107.34K | CA$4.77 Million | CA$440.80K | CA$333.45K | ▼ -65.1 pp |
| 2017 | 67.3% | CA$3.12 Million | CA$4.63 Million | CA$3.81 Million | CA$686.86K | ▼ -32.7 pp |
| 2016 | 100.0% | CA$24.37K | CA$24.37K | CA$205.92K | CA$181.55K | — |