Cobalt Power Group Inc (PGP) — Working Capital to Net Assets Ratio
Cobalt Power Group Inc (PGP) has a Working Capital to Net Assets ratio of 96.0% as of January 2026. Working capital of CA$-600.49K (current assets of CA$57.42K minus current liabilities of CA$657.91K) is measured against net assets of CA$-625.42K. A higher ratio indicates strong short-term liquidity financed by the equity base. See Cobalt Power Group Inc financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Cobalt Power Group Inc Working Capital to Net Assets (2016–2026)
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 January 2026, the ratio stands at 96.0%, reflecting working capital of CA$-600.49K against net assets of CA$-625.42K CAD. See operational self-sufficiency of Cobalt Power Group Inc to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Cobalt Power Group Inc (2016–2026)
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 live market cap and the full company profile, see how much is Cobalt Power Group Inc worth.
| 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 | — |