Pelangio Exploration Inc Working Capital to Net Assets Ratio
Pelangio Exploration Inc working capital to net assets ratio. Pelangio Exploration Inc (PX) has a Working Capital to Net Assets ratio of 98.4% as of June 2026. Working capital of CA$3.14 Million (current assets of CA$3.64 Million minus current liabilities of CA$500.73K) is measured against net assets of CA$3.19 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Pelangio Exploration Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Pelangio Exploration Inc (2007–2025)
Working capital to net assets ratio of Pelangio Exploration Inc from 2007 to 2025. This chart shows how Pelangio Exploration Inc's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2007 to 2025. As of June 2026, the ratio stands at 98.4%, reflecting working capital of CA$3.14 Million against net assets of CA$3.19 Million CAD. See defensive interval ratio of Pelangio Exploration Inc to measure how many days the company can operate on defensive assets alone.
Pelangio Exploration Inc Working Capital to Net Assets Ratio by Year (2007–2025)
Pelangio Exploration Inc working capital to net assets ratio by year from 2007 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Pelangio Exploration Inc from 2007 to 2025, covering 19 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 the complete balance sheet picture, see Pelangio Exploration Inc balance sheet assets.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 99.0% | CA$5.33 Million | CA$5.38 Million | CA$5.47 Million | CA$144.68K | ▼ -1.0 pp |
| 2024 | 100.0% | CA$-478.40K | CA$-478.40K | CA$442.98K | CA$921.38K | ▲ +0.0 pp |
| 2023 | 100.0% | CA$-632.41K | CA$-632.41K | CA$497.44K | CA$1.13 Million | ▼ -8.5 pp |
| 2022 | 108.5% | CA$413.04K | CA$380.66K | CA$1.02 Million | CA$607.12K | ▲ +2.3 pp |
| 2021 | 106.2% | CA$515.63K | CA$485.55K | CA$1.22 Million | CA$700.88K | ▲ +4.7 pp |
| 2020 | 101.5% | CA$1.78 Million | CA$1.75 Million | CA$2.56 Million | CA$776.41K | ▲ +24.7 pp |
| 2019 | 76.9% | CA$57.05K | CA$74.23K | CA$630.14K | CA$573.09K | ▼ -18.4 pp |
| 2018 | 95.3% | CA$482.13K | CA$505.95K | CA$1.16 Million | CA$677.68K | ▲ +433.0 pp |
| 2017 | -337.7% | CA$-24.13K | CA$7.15K | CA$587.34K | CA$611.48K | ▼ -448.6 pp |
| 2016 | 110.9% | CA$-371.14K | CA$-334.64K | CA$106.01K | CA$477.15K | ▲ +51.2 pp |
| 2015 | 59.7% | CA$72.04K | CA$120.61K | CA$311.03K | CA$238.98K | ▼ -284.5 pp |
| 2014 | 344.2% | CA$-183.38K | CA$-53.28K | CA$292.54K | CA$475.93K | ▲ +342.8 pp |
| 2013 | 1.4% | CA$613.17K | CA$43.52 Million | CA$1.00 Million | CA$390.73K | ▼ -0.1 pp |
| 2012 | 1.5% | CA$672.68K | CA$44.29 Million | CA$908.91K | CA$236.23K | ▼ -12.4 pp |
| 2011 | 13.9% | CA$6.45 Million | CA$46.36 Million | CA$7.92 Million | CA$1.46 Million | ▲ +4.3 pp |
| 2010 | 9.6% | CA$3.25 Million | CA$33.98 Million | CA$3.48 Million | CA$223.35K | ▼ -15.4 pp |
| 2009 | 25.0% | CA$8.86 Million | CA$35.41 Million | CA$9.14 Million | CA$278.96K | ▲ +13.1 pp |
| 2008 | 12.0% | CA$2.76 Million | CA$23.10 Million | CA$3.27 Million | CA$508.28K | ▼ -48.4 pp |
| 2007 | 60.4% | CA$14.20 Million | CA$23.54 Million | CA$14.43 Million | CA$222.09K | — |