Red Pine Exploration Inc Working Capital to Net Assets Ratio
Red Pine Exploration Inc working capital to net assets ratio. Red Pine Exploration Inc (RPX) has a Working Capital to Net Assets ratio of 93.6% as of October 2025. Working capital of CA$5.96 Million (current assets of CA$7.43 Million minus current liabilities of CA$1.47 Million) is measured against net assets of CA$6.36 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Red Pine Exploration Inc (RPX) tangible equity 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 Red Pine Exploration Inc (1997–2023)
Working capital to net assets ratio of Red Pine Exploration Inc from 1997 to 2023. This chart shows how Red Pine Exploration Inc's Working Capital to Net Assets ratio has evolved across 27 annual periods from 1997 to 2023. As of October 2025, the ratio stands at 93.6%, reflecting working capital of CA$5.96 Million against net assets of CA$6.36 Million CAD. See Red Pine Exploration Inc defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Red Pine Exploration Inc Working Capital to Net Assets Ratio by Year (1997–2023)
Red Pine Exploration Inc working capital to net assets ratio by year from 1997 to 2023. The table below presents the year-by-year Working Capital to Net Assets ratio for Red Pine Exploration Inc from 1997 to 2023, covering 27 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 Red Pine Exploration Inc balance sheet assets.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 85.4% | CA$2.65 Million | CA$3.10 Million | CA$3.72 Million | CA$1.07 Million | ▲ +11.9 pp |
| 2022 | 73.5% | CA$2.01 Million | CA$2.74 Million | CA$3.68 Million | CA$1.67 Million | ▼ -6.5 pp |
| 2021 | 79.9% | CA$1.99 Million | CA$2.50 Million | CA$3.66 Million | CA$1.67 Million | ▼ -0.3 pp |
| 2020 | 80.2% | CA$604.55K | CA$754.06K | CA$1.13 Million | CA$527.78K | ▼ -5.4 pp |
| 2019 | 85.6% | CA$1.13 Million | CA$1.32 Million | CA$1.59 Million | CA$465.38K | ▼ -2.4 pp |
| 2018 | 88.0% | CA$2.24 Million | CA$2.54 Million | CA$2.87 Million | CA$632.03K | ▼ -2.0 pp |
| 2017 | 90.0% | CA$3.30 Million | CA$3.66 Million | CA$4.44 Million | CA$1.14 Million | ▼ -13.6 pp |
| 2016 | 103.6% | CA$992.22K | CA$957.97K | CA$2.02 Million | CA$1.03 Million | ▲ +11.0 pp |
| 2015 | 92.5% | CA$-408.31K | CA$-441.24K | CA$274.27K | CA$682.58K | ▼ -6.3 pp |
| 2014 | 98.9% | CA$1.65 Million | CA$1.67 Million | CA$2.09 Million | CA$440.50K | ▼ -1.1 pp |
| 2013 | 100.0% | CA$-742.66K | CA$-742.66K | CA$255.68K | CA$998.34K | ▲ +0.5 pp |
| 2012 | 99.5% | CA$-754.81K | CA$-758.40K | CA$120.81K | CA$875.62K | ▲ +105.4 pp |
| 2011 | -5.9% | CA$-371.60K | CA$6.35 Million | CA$298.73K | CA$670.33K | ▼ -10.1 pp |
| 2010 | 4.2% | CA$283.09K | CA$6.73 Million | CA$1.09 Million | CA$804.55K | ▲ +11.6 pp |
| 2009 | -7.4% | CA$-345.33K | CA$4.64 Million | CA$59.25K | CA$404.58K | ▼ -12.5 pp |
| 2008 | 5.0% | CA$273.99K | CA$5.46 Million | CA$416.00K | CA$142.01K | ▼ -18.7 pp |
| 2007 | 23.7% | CA$903.54K | CA$3.81 Million | CA$1.24 Million | CA$337.49K | ▼ -20.2 pp |
| 2006 | 43.9% | CA$1.66 Million | CA$3.79 Million | CA$2.06 Million | CA$398.88K | ▲ +31.5 pp |
| 2005 | 12.4% | CA$194.01K | CA$1.57 Million | CA$284.20K | CA$90.19K | ▲ +6.6 pp |
| 2004 | 5.7% | CA$49.13K | CA$856.84K | CA$124.67K | CA$75.54K | ▼ -12.4 pp |
| 2003 | 18.1% | CA$293.93K | CA$1.62 Million | CA$305.88K | CA$11.95K | ▼ -7.2 pp |
| 2002 | 25.3% | CA$467.61K | CA$1.85 Million | CA$483.21K | CA$15.60K | ▼ -17.5 pp |
| 2001 | 42.8% | CA$944.88K | CA$2.21 Million | CA$978.52K | CA$33.64K | ▲ +5.7 pp |
| 2000 | 37.1% | CA$930.99K | CA$2.51 Million | CA$1.22 Million | CA$289.14K | ▲ +44.7 pp |
| 1999 | -7.6% | CA$-307.85K | CA$4.03 Million | CA$84.85K | CA$392.70K | ▲ +8.2 pp |
| 1998 | -15.8% | CA$-761.25K | CA$4.80 Million | CA$64.74K | CA$825.99K | ▼ -8.5 pp |
| 1997 | -7.4% | CA$-382.76K | CA$5.19 Million | CA$192.04K | CA$574.81K | — |