Noram Lithium Corp (NRM) — 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$5.44 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See NRM defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Noram Lithium Corp Working Capital to Net Assets (2012–2026)
This chart shows how Noram Lithium Corp's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2012 to 2026. As of January 2026, the ratio stands at -1.1%, reflecting working capital of CA$-59.75K against net assets of CA$5.44 Million CAD. For the complete balance sheet picture, see NRM total assets.
Annual Working Capital to Net Assets for Noram Lithium Corp (2012–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Noram Lithium Corp from 2012 to 2026, covering 15 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check Noram Lithium Corp (NRM) asset resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | -1.1% | CA$-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 | — |