Reconnaissance Energy Africa Ltd Working Capital to Net Assets Ratio
Reconnaissance Energy Africa Ltd 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.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Reconnaissance Energy Africa Ltd (2017–2026)
Working capital to net assets ratio of Reconnaissance Energy Africa Ltd from 2017 to 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. See RECO days of operational coverage to measure how many days the company can operate on defensive assets alone.
Reconnaissance Energy Africa Ltd Working Capital to Net Assets Ratio by Year (2017–2026)
Reconnaissance Energy Africa Ltd working capital to net assets ratio by year from 2017 to 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 the complete balance sheet picture, see how large is Reconnaissance Energy Africa Ltd's balance sheet.
| 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 | — |