Nevada Zinc Corp Working Capital to Net Assets Ratio
Nevada Zinc Corp 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. Check tangible net worth ratio of Nevada Zinc Corp 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 Nevada Zinc Corp (2013–2022)
Working capital to net assets ratio of Nevada Zinc Corp from 2013 to 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. See NZN defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Nevada Zinc Corp Working Capital to Net Assets Ratio by Year (2013–2022)
Nevada Zinc Corp working capital to net assets ratio by year from 2013 to 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. For the complete balance sheet picture, see Nevada Zinc Corp asset portfolio.
| 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 | — |