Richmond Minerals Inc Working Capital to Net Assets Ratio
Richmond Minerals Inc working capital to net assets ratio. Richmond Minerals Inc (RMD) has a Working Capital to Net Assets ratio of -1.6% as of November 2025. Working capital of CA$-34.41K (current assets of CA$328.56K minus current liabilities of CA$362.96K) is measured against net assets of CA$2.20 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check RMD tangible net assets ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Richmond Minerals Inc (2014–2024)
Working capital to net assets ratio of Richmond Minerals Inc from 2014 to 2024. This chart shows how Richmond Minerals Inc's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2014 to 2024. As of November 2025, the ratio stands at -1.6%, reflecting working capital of CA$-34.41K against net assets of CA$2.20 Million CAD. See Richmond Minerals Inc defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Richmond Minerals Inc Working Capital to Net Assets Ratio by Year (2014–2024)
Richmond Minerals Inc working capital to net assets ratio by year from 2014 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Richmond Minerals Inc from 2014 to 2024, covering 11 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see total assets of Richmond Minerals Inc.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -3.0% | CA$-64.69K | CA$2.16 Million | CA$580.54K | CA$645.22K | ▲ +15.9 pp |
| 2023 | -18.9% | CA$-472.58K | CA$2.51 Million | CA$25.99K | CA$498.57K | ▼ -11.1 pp |
| 2022 | -7.8% | CA$-207.72K | CA$2.67 Million | CA$134.48K | CA$342.20K | ▼ -6.7 pp |
| 2021 | -1.1% | CA$-31.50K | CA$2.77 Million | CA$232.45K | CA$263.95K | ▲ +10.2 pp |
| 2020 | -11.3% | CA$-237.62K | CA$2.09 Million | CA$197.38K | CA$435.00K | ▼ -6.8 pp |
| 2019 | -4.6% | CA$-61.57K | CA$1.35 Million | CA$124.17K | CA$185.75K | ▼ -6.6 pp |
| 2018 | 2.1% | CA$27.88K | CA$1.35 Million | CA$105.35K | CA$77.47K | ▼ -23.6 pp |
| 2017 | 25.7% | CA$247.69K | CA$964.29K | CA$302.87K | CA$55.18K | ▼ -10.6 pp |
| 2016 | 36.3% | CA$259.57K | CA$715.22K | CA$318.46K | CA$58.89K | ▲ +84.3 pp |
| 2015 | -48.0% | CA$-93.14K | CA$193.86K | CA$647.92K | CA$741.06K | ▼ -39.0 pp |
| 2014 | -9.0% | CA$-22.77K | CA$252.04K | CA$487.64K | CA$510.41K | — |