PetroFrontier Corp Working Capital to Net Assets Ratio
PetroFrontier Corp 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. Check PFC tangible net worth 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 PetroFrontier Corp (2013–2023)
Working capital to net assets ratio of PetroFrontier Corp from 2013 to 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. See how many days can PetroFrontier Corp fund operations to measure how many days the company can operate on defensive assets alone.
PetroFrontier Corp Working Capital to Net Assets Ratio by Year (2013–2023)
PetroFrontier Corp working capital to net assets ratio by year from 2013 to 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. For the complete balance sheet picture, see PetroFrontier Corp (PFC) total assets.
| 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 | — |