Olive Resource Capital Inc Working Capital to Net Assets Ratio
Olive Resource Capital Inc working capital to net assets ratio. Olive Resource Capital Inc (OC) has a Working Capital to Net Assets ratio of 69.1% as of June 2023. Working capital of CA$5.05 Million (current assets of CA$5.18 Million minus current liabilities of CA$127.88K) is measured against net assets of CA$7.31 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Olive Resource Capital Inc (OC) tangible equity 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 Olive Resource Capital Inc (2018–2021)
Working capital to net assets ratio of Olive Resource Capital Inc from 2018 to 2021. This chart shows how Olive Resource Capital Inc's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2018 to 2021. As of June 2023, the ratio stands at 69.1%, reflecting working capital of CA$5.05 Million against net assets of CA$7.31 Million CAD. See Olive Resource Capital Inc (OC) defensive interval to measure how many days the company can operate on defensive assets alone.
Olive Resource Capital Inc Working Capital to Net Assets Ratio by Year (2018–2021)
Olive Resource Capital Inc working capital to net assets ratio by year from 2018 to 2021. The table below presents the year-by-year Working Capital to Net Assets ratio for Olive Resource Capital Inc from 2018 to 2021, covering 4 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 Olive Resource Capital Inc assets under control.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2021 | 99.0% | CA$8.20 Million | CA$8.28 Million | CA$8.87 Million | CA$677.64K | ▼ -3.2 pp |
| 2020 | 102.2% | CA$12.30 Million | CA$12.03 Million | CA$12.58 Million | CA$279.10K | ▲ +4.2 pp |
| 2019 | 98.1% | CA$9.01 Million | CA$9.19 Million | CA$9.19 Million | CA$181.80K | ▲ +72.6 pp |
| 2018 | 25.5% | CA$3.76 Million | CA$14.73 Million | CA$4.30 Million | CA$537.25K | — |