Pelangio Exploration Inc (PX) — Working Capital to Net Assets Ratio
Pelangio Exploration Inc (PX) has a Working Capital to Net Assets ratio of 100.0% as of September 2025. Working capital of CA$461.71K (current assets of CA$1.01 Million minus current liabilities of CA$543.51K) is measured against net assets of CA$461.71K. A higher ratio indicates strong short-term liquidity financed by the equity base. See PX equity financing ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Pelangio Exploration Inc Working Capital to Net Assets (2007–2024)
This chart shows how Pelangio Exploration Inc's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2007 to 2024. As of September 2025, the ratio stands at 100.0%, reflecting working capital of CA$461.71K against net assets of CA$461.71K CAD. Check Pelangio Exploration Inc (PX) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Pelangio Exploration Inc (2007–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Pelangio Exploration Inc from 2007 to 2024, covering 18 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see market cap of Pelangio Exploration Inc.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 100.0% | CA$-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 | — |