Principal Technologies Inc (PTEC) — Working Capital to Net Assets Ratio
Principal Technologies Inc (PTEC) has a Working Capital to Net Assets ratio of 161.4% as of January 2026. Working capital of CA$-720.79K (current assets of CA$596.10K minus current liabilities of CA$1.32 Million) is measured against net assets of CA$-446.58K. A higher ratio indicates strong short-term liquidity financed by the equity base. See PTEC financial flexibility score to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Principal Technologies Inc Working Capital to Net Assets (2020–2025)
This chart shows how Principal Technologies Inc's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of January 2026, the ratio stands at 161.4%, reflecting working capital of CA$-720.79K against net assets of CA$-446.58K CAD. See PTEC defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Principal Technologies Inc (2020–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Principal Technologies Inc from 2020 to 2025, covering 6 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 Principal Technologies Inc market capitalisation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -76.4% | CA$-140.64K | CA$183.99K | CA$1.20 Million | CA$1.35 Million | ▼ -141.8 pp |
| 2024 | 65.4% | CA$614.15K | CA$939.12K | CA$1.13 Million | CA$519.25K | ▲ +118.2 pp |
| 2023 | -52.8% | CA$-103.91K | CA$196.85K | CA$373.45K | CA$477.36K | ▼ -92.1 pp |
| 2022 | 39.4% | CA$178.02K | CA$452.37K | CA$425.17K | CA$247.15K | ▼ -49.8 pp |
| 2021 | 89.2% | CA$1.22 Million | CA$1.36 Million | CA$1.29 Million | CA$74.44K | ▼ -10.8 pp |
| 2020 | 100.0% | CA$1.63 Million | CA$1.63 Million | CA$1.64 Million | CA$8.00K | — |