Richmond Minerals Inc (RMD) — 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$2.20 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See RMD free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Richmond Minerals Inc Working Capital to Net Assets (2014–2024)
This chart shows how Richmond Minerals Inc's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2014 to 2024. As of November 2025, the ratio stands at -1.6%, reflecting working capital of CA$-34.41K against net assets of CA$2.20 Million CAD. See RMD defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Richmond Minerals Inc (2014–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Richmond Minerals Inc from 2014 to 2024, covering 11 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see RMD market cap.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -3.0% | CA$-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 | — |