PetroFrontier Corp (PFC) — Working Capital to Net Assets Ratio
PetroFrontier Corp (PFC) has a Working Capital to Net Assets ratio of 414.5% as of September 2024. Working capital of CA$-12.74 Million (current assets of CA$4.76 Million minus current liabilities of CA$17.50 Million) is measured against net assets of CA$-3.07 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can PetroFrontier Corp fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
PetroFrontier Corp Working Capital to Net Assets (2013–2023)
This chart shows how PetroFrontier Corp's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2013 to 2023. As of September 2024, the ratio stands at 414.5%, reflecting working capital of CA$-12.74 Million against net assets of CA$-3.07 Million CAD. For the complete balance sheet picture, see PetroFrontier Corp (PFC) total assets.
Annual Working Capital to Net Assets for PetroFrontier Corp (2013–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for PetroFrontier Corp from 2013 to 2023, covering 11 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 financial resilience of PetroFrontier Corp to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 221.8% | CA$-1.88 Million | CA$-848.81K | CA$4.28 Million | CA$6.16 Million | ▲ +314.4 pp |
| 2022 | -92.6% | CA$-11.12 Million | CA$12.02 Million | CA$1.44 Million | CA$12.56 Million | ▼ -17.2 pp |
| 2021 | -75.4% | CA$-8.25 Million | CA$10.94 Million | CA$1.55 Million | CA$9.80 Million | ▼ -58.3 pp |
| 2020 | -17.1% | CA$-1.95 Million | CA$11.36 Million | CA$592.27K | CA$2.54 Million | ▲ +37.2 pp |
| 2019 | -54.3% | CA$-5.52 Million | CA$10.17 Million | CA$418.62K | CA$5.94 Million | ▼ -2.9 pp |
| 2018 | -51.4% | CA$-5.64 Million | CA$10.97 Million | CA$181.46K | CA$5.82 Million | ▼ -22.6 pp |
| 2017 | -28.9% | CA$-3.81 Million | CA$13.22 Million | CA$1.11 Million | CA$4.92 Million | ▼ -43.2 pp |
| 2016 | 14.4% | CA$2.13 Million | CA$14.83 Million | CA$4.17 Million | CA$2.04 Million | ▼ -85.6 pp |
| 2015 | 100.0% | CA$9.62 Million | CA$9.62 Million | CA$9.68 Million | CA$63.51K | ▲ +0.0 pp |
| 2014 | 100.0% | CA$10.21 Million | CA$10.21 Million | CA$10.62 Million | CA$408.43K | ▲ +85.3 pp |
| 2013 | 14.7% | CA$7.51 Million | CA$51.22 Million | CA$9.16 Million | CA$1.65 Million | — |