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 91.7% as of October 2025. Working capital of CA$-457.12K (current assets of CA$44.68K minus current liabilities of CA$501.80K) is measured against net assets of CA$-498.56K. A higher ratio indicates strong short-term liquidity financed by the equity base. See debt-free asset ratio of Cobalt Power Group Inc to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Cobalt Power Group Inc Working Capital to Net Assets (2016–2025)
This chart shows how Cobalt Power Group Inc's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2016 to 2025. As of October 2025, the ratio stands at 91.7%, reflecting working capital of CA$-457.12K against net assets of CA$-498.56K CAD. Check Cobalt Power Group Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Cobalt Power Group Inc (2016–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Cobalt Power Group Inc from 2016 to 2025, covering 10 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 PGP market cap overview.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 100.0% | CA$-523.37K | CA$-523.37K | CA$26.53K | CA$549.90K | ▲ +0.0 pp |
| 2024 | 100.0% | CA$-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 | — |