Quebec Precious Metals Corporation Working Capital to Net Assets Ratio
Quebec Precious Metals Corporation working capital to net assets ratio. Quebec Precious Metals Corporation (QPM) has a Working Capital to Net Assets ratio of 87.6% as of October 2024. Working capital of CA$35.16K (current assets of CA$394.67K minus current liabilities of CA$359.51K) is measured against net assets of CA$40.13K. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Quebec Precious Metals Corporation 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 Quebec Precious Metals Corporation (2017–2024)
Working capital to net assets ratio of Quebec Precious Metals Corporation from 2017 to 2024. This chart shows how Quebec Precious Metals Corporation's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of October 2024, the ratio stands at 87.6%, reflecting working capital of CA$35.16K against net assets of CA$40.13K CAD. See QPM defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Quebec Precious Metals Corporation Working Capital to Net Assets Ratio by Year (2017–2024)
Quebec Precious Metals Corporation working capital to net assets ratio by year from 2017 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Quebec Precious Metals Corporation from 2017 to 2024, covering 8 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 QPM asset base.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 99.7% | CA$645.53K | CA$647.37K | CA$977.90K | CA$332.37K | ▼ -0.2 pp |
| 2023 | 99.9% | CA$2.18 Million | CA$2.18 Million | CA$2.29 Million | CA$112.04K | ▼ -1.3 pp |
| 2022 | 101.3% | CA$2.39 Million | CA$2.36 Million | CA$3.50 Million | CA$1.12 Million | ▲ +1.6 pp |
| 2021 | 99.7% | CA$2.81 Million | CA$2.82 Million | CA$3.30 Million | CA$485.57K | ▼ -0.2 pp |
| 2020 | 99.9% | CA$5.28 Million | CA$5.29 Million | CA$7.71 Million | CA$2.43 Million | ▲ +76.2 pp |
| 2019 | 23.8% | CA$3.09 Million | CA$12.99 Million | CA$4.01 Million | CA$927.78K | ▼ -2.1 pp |
| 2018 | 25.9% | CA$1.01 Million | CA$3.89 Million | CA$1.84 Million | CA$828.34K | ▲ +18.6 pp |
| 2017 | 7.3% | CA$143.86K | CA$1.97 Million | CA$817.45K | CA$673.60K | — |