Nortec Minerals Corp (NVT) — Working Capital to Net Assets Ratio
Nortec Minerals Corp (NVT) has a Working Capital to Net Assets ratio of 126.2% as of June 2025. Working capital of CA$-64.71K (current assets of CA$291.00K minus current liabilities of CA$355.71K) is measured against net assets of CA$-51.29K. A higher ratio indicates strong short-term liquidity financed by the equity base. See Nortec Minerals Corp balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Nortec Minerals Corp Working Capital to Net Assets (2013–2024)
This chart shows how Nortec Minerals Corp's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2013 to 2024. As of June 2025, the ratio stands at 126.2%, reflecting working capital of CA$-64.71K against net assets of CA$-51.29K CAD. Check Nortec Minerals Corp (NVT) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Nortec Minerals Corp (2013–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Nortec Minerals Corp from 2013 to 2024, covering 12 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 NVT market cap.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 94.5% | CA$107.81K | CA$114.05K | CA$500.08K | CA$392.27K | ▼ -40.4 pp |
| 2023 | 134.9% | CA$-52.15K | CA$-38.65K | CA$335.08K | CA$387.23K | ▼ -66.9 pp |
| 2022 | 201.9% | CA$-65.60K | CA$-32.50K | CA$562.81K | CA$628.41K | ▲ +81.4 pp |
| 2021 | 120.5% | CA$-519.28K | CA$-430.91K | CA$117.59K | CA$636.87K | ▲ +151.5 pp |
| 2020 | -31.0% | CA$-750.68K | CA$2.42 Million | CA$102.71K | CA$853.39K | ▲ +18.6 pp |
| 2019 | -49.7% | CA$-1.04 Million | CA$2.10 Million | CA$12.95K | CA$1.06 Million | ▼ -33.3 pp |
| 2018 | -16.4% | CA$-346.73K | CA$2.12 Million | CA$14.11K | CA$360.84K | ▼ -38.3 pp |
| 2017 | 21.9% | CA$338.03K | CA$1.54 Million | CA$438.18K | CA$100.14K | ▼ -41.8 pp |
| 2016 | 63.7% | CA$539.09K | CA$846.26K | CA$833.41K | CA$294.32K | ▲ +189.6 pp |
| 2015 | -125.9% | CA$-242.75K | CA$192.85K | CA$40.08K | CA$282.83K | ▼ -118.9 pp |
| 2014 | -7.0% | CA$-486.90K | CA$6.94 Million | CA$63.86K | CA$550.76K | ▼ -11.6 pp |
| 2013 | 4.5% | CA$403.38K | CA$8.87 Million | CA$624.56K | CA$221.18K | — |