Norden Crown Metals Corp (NOCR) — 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$279.57K. A higher ratio indicates strong short-term liquidity financed by the equity base. See operational self-sufficiency of Norden Crown Metals Corp to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Norden Crown Metals Corp Working Capital to Net Assets (2016–2024)
This chart shows how Norden Crown Metals Corp's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of December 2024, the ratio stands at -291.5%, reflecting working capital of CA$-814.98K against net assets of CA$279.57K CAD. For the complete balance sheet picture, see NOCR asset base.
Annual Working Capital to Net Assets for Norden Crown Metals Corp (2016–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Norden Crown Metals Corp from 2016 to 2024, covering 9 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Explore NOCR long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -291.5% | CA$-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 | — |