Reconnaissance Energy Africa Ltd (RECO) — Working Capital to Net Assets Ratio
Reconnaissance Energy Africa Ltd (RECO) has a Working Capital to Net Assets ratio of 1.2% as of December 2025. Working capital of CA$2.48 Million (current assets of CA$5.44 Million minus current liabilities of CA$2.96 Million) is measured against net assets of CA$207.94 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See RECO equity financing ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Reconnaissance Energy Africa Ltd Working Capital to Net Assets (2017–2026)
This chart shows how Reconnaissance Energy Africa Ltd's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2026. As of December 2025, the ratio stands at 1.2%, reflecting working capital of CA$2.48 Million against net assets of CA$207.94 Million CAD. Check Reconnaissance Energy Africa Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Reconnaissance Energy Africa Ltd (2017–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Reconnaissance Energy Africa Ltd from 2017 to 2026, 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 RECO market cap overview.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 1.2% | CA$2.48 Million | CA$207.94 Million | CA$5.44 Million | CA$2.96 Million | ▲ +2.2 pp |
| 2024 | -1.0% | CA$-1.36 Million | CA$136.85 Million | CA$3.05 Million | CA$4.41 Million | ▼ -31.4 pp |
| 2022 | 30.4% | CA$25.95 Million | CA$85.22 Million | CA$73.60 Million | CA$47.65 Million | ▲ +12.8 pp |
| 2021 | 17.6% | CA$5.04 Million | CA$28.59 Million | CA$6.97 Million | CA$1.93 Million | ▼ -10.2 pp |
| 2020 | 27.8% | CA$2.18 Million | CA$7.83 Million | CA$2.70 Million | CA$521.67K | ▼ -73.9 pp |
| 2019 | 101.7% | CA$236.50K | CA$232.51K | CA$560.85K | CA$324.34K | ▲ +1.7 pp |
| 2018 | 100.0% | CA$91.41K | CA$91.41K | CA$207.85K | CA$116.45K | ▲ +0.0 pp |
| 2017 | 100.0% | CA$95.75K | CA$95.75K | CA$162.16K | CA$66.42K | — |