Noram Lithium Corp Working Capital to Net Assets Ratio
Noram Lithium Corp working capital to net assets ratio. Noram Lithium Corp (NRM) has a Working Capital to Net Assets ratio of -1.1% as of January 2026. Working capital of CA$-59.75K (current assets of CA$307.50K minus current liabilities of CA$367.25K) is measured against net assets of CA$5.44 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check NRM tangible net assets ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Noram Lithium Corp (2012–2026)
Working capital to net assets ratio of Noram Lithium Corp from 2012 to 2026. This chart shows how Noram Lithium Corp's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2012 to 2026. As of January 2026, the ratio stands at -1.1%, reflecting working capital of CA$-59.75K against net assets of CA$5.44 Million CAD. See Noram Lithium Corp defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Noram Lithium Corp Working Capital to Net Assets Ratio by Year (2012–2026)
Noram Lithium Corp working capital to net assets ratio by year from 2012 to 2026. The table below presents the year-by-year Working Capital to Net Assets ratio for Noram Lithium Corp from 2012 to 2026, covering 15 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see Noram Lithium Corp (NRM) total assets.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | -1.1% | CA$-59.75K | CA$5.44 Million | CA$307.50K | CA$367.25K | ▼ -6.8 pp |
| 2025 | 5.7% | CA$331.70K | CA$5.79 Million | CA$738.96K | CA$407.26K | ▼ -35.4 pp |
| 2024 | 41.1% | CA$3.27 Million | CA$7.95 Million | CA$3.75 Million | CA$480.54K | ▼ -51.7 pp |
| 2023 | 92.8% | CA$12.57 Million | CA$13.55 Million | CA$13.21 Million | CA$638.79K | ▲ +68.5 pp |
| 2022 | 24.3% | CA$1.31 Million | CA$5.39 Million | CA$1.75 Million | CA$439.24K | ▼ -4.7 pp |
| 2021 | 29.0% | CA$1.36 Million | CA$4.70 Million | CA$1.70 Million | CA$341.03K | ▲ +35.8 pp |
| 2020 | -6.9% | CA$-198.99K | CA$2.90 Million | CA$45.02K | CA$244.01K | ▼ -11.5 pp |
| 2019 | 4.6% | CA$136.66K | CA$2.94 Million | CA$345.30K | CA$208.65K | ▼ -8.6 pp |
| 2018 | 13.2% | CA$151.69K | CA$1.15 Million | CA$214.40K | CA$62.71K | ▲ +12.0 pp |
| 2017 | 1.2% | CA$33.92K | CA$2.77 Million | CA$148.53K | CA$114.60K | ▼ -0.2 pp |
| 2016 | 1.5% | CA$12.28K | CA$840.41K | CA$23.27K | CA$10.99K | ▼ -0.8 pp |
| 2015 | 2.2% | CA$26.79K | CA$1.20 Million | CA$58.49K | CA$31.70K | ▲ +1.6 pp |
| 2014 | 0.6% | CA$9.16K | CA$1.58 Million | CA$80.86K | CA$71.70K | ▼ -14.0 pp |
| 2013 | 14.5% | CA$177.40K | CA$1.22 Million | CA$268.01K | CA$90.61K | ▼ -30.3 pp |
| 2012 | 44.9% | CA$323.17K | CA$720.03K | CA$328.35K | CA$5.18K | — |