Nexoptic Technology Corp Working Capital to Net Assets Ratio
Nexoptic Technology Corp working capital to net assets ratio. Nexoptic Technology Corp (NXO) has a Working Capital to Net Assets ratio of 100.0% as of September 2024. Working capital of CA$-2.18 Million (current assets of CA$77.19K minus current liabilities of CA$2.25 Million) is measured against net assets of CA$-2.18 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check NXO 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 Nexoptic Technology Corp (2010–2023)
Working capital to net assets ratio of Nexoptic Technology Corp from 2010 to 2023. This chart shows how Nexoptic Technology Corp's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2010 to 2023. As of September 2024, the ratio stands at 100.0%, reflecting working capital of CA$-2.18 Million against net assets of CA$-2.18 Million CAD. See Nexoptic Technology Corp defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Nexoptic Technology Corp Working Capital to Net Assets Ratio by Year (2010–2023)
Nexoptic Technology Corp working capital to net assets ratio by year from 2010 to 2023. The table below presents the year-by-year Working Capital to Net Assets ratio for Nexoptic Technology Corp from 2010 to 2023, covering 14 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 Nexoptic Technology Corp asset portfolio.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 95.6% | CA$-1.76 Million | CA$-1.84 Million | CA$106.74K | CA$1.86 Million | ▼ -2.7 pp |
| 2022 | 98.3% | CA$-971.19K | CA$-987.68K | CA$1.01 Million | CA$1.98 Million | ▲ +6.7 pp |
| 2021 | 91.6% | CA$-586.29K | CA$-639.86K | CA$417.84K | CA$1.00 Million | ▼ -12.3 pp |
| 2020 | 103.9% | CA$1.58 Million | CA$1.52 Million | CA$2.45 Million | CA$864.80K | ▲ +3.9 pp |
| 2019 | 100.0% | CA$-1.00 Million | CA$-1.00 Million | CA$305.06K | CA$1.31 Million | ▲ +94.9 pp |
| 2018 | 5.1% | CA$2.64 Million | CA$52.07 Million | CA$2.90 Million | CA$261.74K | ▼ -7.5 pp |
| 2017 | 12.6% | CA$7.91 Million | CA$62.95 Million | CA$8.25 Million | CA$334.07K | ▼ -33.0 pp |
| 2016 | 45.6% | CA$1.29 Million | CA$2.83 Million | CA$1.34 Million | CA$50.62K | ▼ -13.2 pp |
| 2015 | 58.9% | CA$959.63K | CA$1.63 Million | CA$1.04 Million | CA$79.11K | ▲ +53.2 pp |
| 2014 | 5.7% | CA$121.96K | CA$2.15 Million | CA$191.04K | CA$69.08K | ▼ -23.5 pp |
| 2013 | 29.2% | CA$758.86K | CA$2.60 Million | CA$809.19K | CA$50.33K | ▼ -13.7 pp |
| 2012 | 42.8% | CA$1.48 Million | CA$3.45 Million | CA$1.52 Million | CA$47.27K | ▼ -21.0 pp |
| 2011 | 63.8% | CA$2.91 Million | CA$4.56 Million | CA$3.01 Million | CA$98.06K | ▼ -3.5 pp |
| 2010 | 67.3% | CA$2.19 Million | CA$3.25 Million | CA$3.20 Million | CA$1.01 Million | — |