Olive Resource Capital Inc (OC) — 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. See Olive Resource Capital Inc (OC) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Olive Resource Capital Inc Working Capital to Net Assets (2018–2021)
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. Check OC tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Olive Resource Capital Inc (2018–2021)
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 live market cap and the full company profile, see market value of Olive Resource Capital Inc.
| 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 | — |