Reliq Health Technologies Inc Working Capital to Net Assets Ratio
Reliq Health Technologies Inc working capital to net assets ratio. Reliq Health Technologies Inc (RHT) has a Working Capital to Net Assets ratio of 56.1% as of March 2023. Working capital of CA$7.53 Million (current assets of CA$16.29 Million minus current liabilities of CA$8.76 Million) is measured against net assets of CA$13.42 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check RHT tangible net assets 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 Reliq Health Technologies Inc (2006–2022)
Working capital to net assets ratio of Reliq Health Technologies Inc from 2006 to 2022. This chart shows how Reliq Health Technologies Inc's Working Capital to Net Assets ratio has evolved across 16 annual periods from 2006 to 2022. As of March 2023, the ratio stands at 56.1%, reflecting working capital of CA$7.53 Million against net assets of CA$13.42 Million CAD. See how many days can Reliq Health Technologies Inc fund operations to measure how many days the company can operate on defensive assets alone.
Reliq Health Technologies Inc Working Capital to Net Assets Ratio by Year (2006–2022)
Reliq Health Technologies Inc working capital to net assets ratio by year from 2006 to 2022. The table below presents the year-by-year Working Capital to Net Assets ratio for Reliq Health Technologies Inc from 2006 to 2022, covering 16 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 RHT total asset value.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | 51.1% | CA$3.26 Million | CA$6.37 Million | CA$6.97 Million | CA$3.71 Million | ▼ -42.7 pp |
| 2021 | 93.8% | CA$939.93K | CA$1.00 Million | CA$3.18 Million | CA$2.24 Million | ▲ +0.2 pp |
| 2020 | 93.6% | CA$938.89K | CA$1.00 Million | CA$2.36 Million | CA$1.42 Million | ▲ +88.8 pp |
| 2019 | 4.8% | CA$126.90K | CA$2.66 Million | CA$1.23 Million | CA$1.10 Million | ▼ -95.2 pp |
| 2018 | 100.0% | CA$11.83 Million | CA$11.83 Million | CA$12.36 Million | CA$531.21K | ▲ +0.0 pp |
| 2017 | 100.0% | CA$18.84K | CA$18.84K | CA$701.46K | CA$682.62K | ▼ -0.6 pp |
| 2016 | 100.6% | CA$-365.05K | CA$-363.00K | CA$864.08K | CA$1.23 Million | ▲ +4.1 pp |
| 2015 | 96.5% | CA$265.99K | CA$275.72K | CA$924.90K | CA$658.91K | ▲ +127.5 pp |
| 2014 | -31.1% | CA$-26.20K | CA$84.30K | CA$59.34K | CA$85.54K | ▼ -34.8 pp |
| 2013 | 3.8% | CA$23.71K | CA$629.68K | CA$63.87K | CA$40.16K | ▼ -23.9 pp |
| 2012 | 27.7% | CA$540.57K | CA$1.95 Million | CA$593.46K | CA$52.90K | ▼ -0.9 pp |
| 2011 | 28.6% | CA$794.05K | CA$2.78 Million | CA$905.99K | CA$111.94K | ▼ -31.2 pp |
| 2010 | 59.8% | CA$1.62 Million | CA$2.70 Million | CA$1.69 Million | CA$73.24K | ▲ +6.9 pp |
| 2009 | 52.9% | CA$481.19K | CA$908.78K | CA$553.17K | CA$71.98K | ▼ -47.1 pp |
| 2008 | 100.0% | CA$372.57K | CA$372.57K | CA$383.09K | CA$10.53K | ▲ +0.0 pp |
| 2006 | 100.0% | CA$99.27K | CA$99.27K | CA$103.66K | CA$4.39K | — |