Panoro Minerals Ltd. (PML) — Working Capital to Net Assets Ratio
Panoro Minerals Ltd. (PML) has a Working Capital to Net Assets ratio of -40.2% as of December 2025. Working capital of CA$-14.60 Million (current assets of CA$1.20 Million minus current liabilities of CA$15.80 Million) is measured against net assets of CA$36.30 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Panoro Minerals Ltd. (PML) flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Panoro Minerals Ltd. Working Capital to Net Assets (2002–2025)
This chart shows how Panoro Minerals Ltd.'s Working Capital to Net Assets ratio has evolved across 24 annual periods from 2002 to 2025. As of December 2025, the ratio stands at -40.2%, reflecting working capital of CA$-14.60 Million against net assets of CA$36.30 Million CAD. See Panoro Minerals Ltd. (PML) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Panoro Minerals Ltd. (2002–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Panoro Minerals Ltd. from 2002 to 2025, covering 24 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Panoro Minerals Ltd. stock valuation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -40.2% | CA$-14.60 Million | CA$36.30 Million | CA$1.20 Million | CA$15.80 Million | ▼ -6.9 pp |
| 2024 | -33.3% | CA$-12.40 Million | CA$37.24 Million | CA$1.02 Million | CA$13.42 Million | ▼ -6.0 pp |
| 2023 | -27.3% | CA$-13.82 Million | CA$50.64 Million | CA$3.60 Million | CA$17.42 Million | ▼ -15.8 pp |
| 2022 | -11.5% | CA$-6.21 Million | CA$54.07 Million | CA$10.90 Million | CA$17.11 Million | ▼ -11.7 pp |
| 2021 | 0.3% | CA$144.34K | CA$54.64 Million | CA$13.46 Million | CA$13.31 Million | ▲ +15.4 pp |
| 2020 | -15.1% | CA$-9.50 Million | CA$62.85 Million | CA$2.14 Million | CA$11.64 Million | ▼ -0.7 pp |
| 2019 | -14.5% | CA$-9.24 Million | CA$63.90 Million | CA$783.62K | CA$10.02 Million | ▼ -5.9 pp |
| 2018 | -8.6% | CA$-5.89 Million | CA$68.88 Million | CA$2.33 Million | CA$8.23 Million | ▼ -9.2 pp |
| 2017 | 0.6% | CA$438.47K | CA$71.30 Million | CA$7.08 Million | CA$6.64 Million | ▼ -5.0 pp |
| 2016 | 5.6% | CA$3.99 Million | CA$71.24 Million | CA$8.70 Million | CA$4.71 Million | ▲ +7.2 pp |
| 2015 | -1.6% | CA$-1.08 Million | CA$66.63 Million | CA$301.85K | CA$1.38 Million | ▼ -10.3 pp |
| 2014 | 8.7% | CA$6.19 Million | CA$71.26 Million | CA$8.27 Million | CA$2.08 Million | ▼ -4.5 pp |
| 2013 | 13.2% | CA$8.94 Million | CA$67.78 Million | CA$10.48 Million | CA$1.54 Million | ▼ -0.9 pp |
| 2012 | 14.1% | CA$8.06 Million | CA$57.25 Million | CA$11.15 Million | CA$3.09 Million | ▼ -2.2 pp |
| 2011 | 16.3% | CA$6.60 Million | CA$40.57 Million | CA$7.97 Million | CA$1.37 Million | ▲ +3.8 pp |
| 2010 | 12.4% | CA$4.08 Million | CA$32.82 Million | CA$4.91 Million | CA$829.15K | ▲ +12.3 pp |
| 2009 | 0.1% | CA$39.34K | CA$27.58 Million | CA$685.01K | CA$645.67K | ▼ -7.2 pp |
| 2008 | 7.4% | CA$2.02 Million | CA$27.44 Million | CA$2.93 Million | CA$910.97K | ▼ -20.2 pp |
| 2007 | 27.5% | CA$8.10 Million | CA$29.45 Million | CA$8.43 Million | CA$326.78K | ▲ +10.7 pp |
| 2006 | 16.8% | CA$1.13 Million | CA$6.69 Million | CA$1.25 Million | CA$120.42K | ▼ -12.0 pp |
| 2005 | 28.8% | CA$1.88 Million | CA$6.51 Million | CA$2.07 Million | CA$188.37K | ▲ +15.4 pp |
| 2004 | 13.5% | CA$596.43K | CA$4.43 Million | CA$663.74K | CA$67.31K | ▼ -24.5 pp |
| 2003 | 37.9% | CA$1.76 Million | CA$4.63 Million | CA$1.78 Million | CA$22.91K | ▼ -50.0 pp |
| 2002 | 87.9% | CA$153.00K | CA$174.07K | CA$161.48K | CA$8.48K | — |