Nevada Zinc Corp (NZN) — Working Capital to Net Assets Ratio
Nevada Zinc Corp (NZN) has a Working Capital to Net Assets ratio of 103.6% as of September 2023. Working capital of CA$-617.50K (current assets of CA$13.22K minus current liabilities of CA$630.72K) is measured against net assets of CA$-596.13K. A higher ratio indicates strong short-term liquidity financed by the equity base. See NZN 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
Nevada Zinc Corp Working Capital to Net Assets (2013–2022)
This chart shows how Nevada Zinc Corp's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2013 to 2022. As of September 2023, the ratio stands at 103.6%, reflecting working capital of CA$-617.50K against net assets of CA$-596.13K CAD. For the complete balance sheet picture, see total assets of Nevada Zinc Corp.
Annual Working Capital to Net Assets for Nevada Zinc Corp (2013–2022)
The table below presents the year-by-year Working Capital to Net Assets ratio for Nevada Zinc Corp from 2013 to 2022, covering 10 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 NZN asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | 106.4% | CA$-357.38K | CA$-336.01K | CA$82.27K | CA$439.65K | ▲ +3.6 pp |
| 2021 | 102.7% | CA$-805.89K | CA$-784.52K | CA$36.86K | CA$842.75K | ▼ -0.4 pp |
| 2020 | 103.1% | CA$-715.73K | CA$-694.36K | CA$13.78K | CA$729.51K | ▼ -3.9 pp |
| 2019 | 107.0% | CA$-327.37K | CA$-305.99K | CA$74.10K | CA$401.46K | ▼ -17.7 pp |
| 2018 | 124.7% | CA$-107.88K | CA$-86.51K | CA$103.65K | CA$211.53K | ▲ +24.7 pp |
| 2017 | 100.0% | CA$1.40 Million | CA$1.40 Million | CA$1.74 Million | CA$335.97K | ▲ +0.0 pp |
| 2016 | 100.0% | CA$412.31K | CA$412.31K | CA$716.43K | CA$304.13K | ▲ +0.0 pp |
| 2015 | 100.0% | CA$192.47K | CA$192.47K | CA$292.70K | CA$100.23K | ▲ +0.0 pp |
| 2014 | 100.0% | CA$367.40K | CA$367.40K | CA$591.85K | CA$224.45K | ▲ +0.0 pp |
| 2013 | 100.0% | CA$50.53K | CA$50.53K | CA$118.83K | CA$68.30K | — |