PPX Mining Corp (PPX) — Working Capital to Net Assets Ratio
PPX Mining Corp (PPX) has a Working Capital to Net Assets ratio of 366.2% as of March 2026. Working capital of CA$-14.95 Million (current assets of CA$32.14 Million minus current liabilities of CA$47.09 Million) is measured against net assets of CA$-4.08 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See PPX Mining Corp (PPX) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
PPX Mining Corp Working Capital to Net Assets (2013–2025)
This chart shows how PPX Mining Corp's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of March 2026, the ratio stands at 366.2%, reflecting working capital of CA$-14.95 Million against net assets of CA$-4.08 Million CAD. For the complete balance sheet picture, see how large is PPX Mining Corp's balance sheet.
Annual Working Capital to Net Assets for PPX Mining Corp (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for PPX Mining Corp from 2013 to 2025, covering 13 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. Read PPX liabilities breakdown for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 16.8% | CA$-3.48 Million | CA$-20.65 Million | CA$10.19 Million | CA$13.67 Million | ▼ -616.7 pp |
| 2024 | 633.6% | CA$1.43 Million | CA$225.93K | CA$3.29 Million | CA$1.86 Million | ▲ +641.6 pp |
| 2023 | -8.1% | CA$-131.26K | CA$1.63 Million | CA$2.36 Million | CA$2.49 Million | ▼ -441.4 pp |
| 2022 | 433.3% | CA$-11.25 Million | CA$-2.60 Million | CA$2.69 Million | CA$13.94 Million | ▲ +102.8 pp |
| 2021 | 330.5% | CA$-11.42 Million | CA$-3.45 Million | CA$546.26K | CA$11.96 Million | ▼ -1197.7 pp |
| 2020 | 1528.3% | CA$-9.85 Million | CA$-644.45K | CA$62.88K | CA$9.91 Million | ▲ +1823.0 pp |
| 2019 | -294.7% | CA$-6.29 Million | CA$2.13 Million | CA$268.13K | CA$6.56 Million | ▼ -269.7 pp |
| 2018 | -25.0% | CA$-822.00K | CA$3.29 Million | CA$823.97K | CA$1.65 Million | ▼ -88.0 pp |
| 2017 | 63.0% | CA$3.21 Million | CA$5.10 Million | CA$4.05 Million | CA$832.69K | ▲ +94.6 pp |
| 2016 | -31.6% | CA$-1.85 Million | CA$5.86 Million | CA$582.19K | CA$2.43 Million | ▲ +77.6 pp |
| 2015 | -109.2% | CA$-3.89 Million | CA$3.56 Million | CA$263.26K | CA$4.15 Million | ▼ -209.5 pp |
| 2014 | 100.3% | CA$-4.89 Million | CA$-4.88 Million | CA$100.92K | CA$4.99 Million | ▼ -31.9 pp |
| 2013 | 132.2% | CA$-2.66 Million | CA$-2.01 Million | CA$343.43K | CA$3.01 Million | — |