Quebec Precious Metals Corporation (QPM) — 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. See QPM equity financing ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Quebec Precious Metals Corporation Working Capital to Net Assets (2017–2024)
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. Check Quebec Precious Metals Corporation (QPM) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Quebec Precious Metals Corporation (2017–2024)
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 live market cap and the full company profile, see Quebec Precious Metals Corporation market capitalisation.
| 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 | — |