Cobalt Power Group Inc Working Capital to Net Assets Ratio
Cobalt Power Group Inc working capital to net assets ratio. Cobalt Power Group Inc (PGP) has a Working Capital to Net Assets ratio of 96.3% as of April 2026. Working capital of CA$-659.54K (current assets of CA$43.50K minus current liabilities of CA$703.04K) is measured against net assets of CA$-684.75K. A higher ratio indicates strong short-term liquidity financed by the equity base. Check PGP goodwill-adjusted 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 Cobalt Power Group Inc (2016–2026)
Working capital to net assets ratio of Cobalt Power Group Inc from 2016 to 2026. This chart shows how Cobalt Power Group Inc's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2016 to 2026. As of April 2026, the ratio stands at 96.3%, reflecting working capital of CA$-659.54K against net assets of CA$-684.75K CAD. See PGP defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Cobalt Power Group Inc Working Capital to Net Assets Ratio by Year (2016–2026)
Cobalt Power Group Inc working capital to net assets ratio by year from 2016 to 2026. The table below presents the year-by-year Working Capital to Net Assets ratio for Cobalt Power Group Inc from 2016 to 2026, 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 PGP total assets.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 96.0% | CA$-600.49K | CA$-625.42K | CA$57.42K | CA$657.91K | ▼ -0.9 pp |
| 2025 | 96.9% | CA$-507.37K | CA$-523.37K | CA$26.53K | CA$533.90K | ▼ -3.1 pp |
| 2024 | 100.0% | CA$-149.76K | CA$-149.76K | CA$14.52K | CA$164.28K | ▲ +16.1 pp |
| 2023 | 83.9% | CA$25.99K | CA$30.99K | CA$97.67K | CA$71.68K | ▼ -15.0 pp |
| 2022 | 98.9% | CA$635.07K | CA$642.21K | CA$715.31K | CA$80.24K | ▲ +27.5 pp |
| 2021 | 71.4% | CA$23.23K | CA$32.52K | CA$180.24K | CA$157.02K | ▼ -20.3 pp |
| 2020 | 91.7% | CA$134.26K | CA$146.38K | CA$348.42K | CA$214.16K | ▼ -6.9 pp |
| 2019 | 98.6% | CA$1.12 Million | CA$1.14 Million | CA$1.48 Million | CA$358.62K | ▲ +75.1 pp |
| 2018 | 23.6% | CA$2.65 Million | CA$11.25 Million | CA$2.72 Million | CA$75.06K | ▼ -11.0 pp |
| 2017 | 34.6% | CA$188.03K | CA$543.50K | CA$215.00K | CA$26.97K | ▲ +1.7 pp |
| 2016 | 32.9% | CA$143.34K | CA$436.08K | CA$158.36K | CA$15.01K | — |