Red Pine Exploration Inc (RPX) — 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. See RPX equity to assets ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Red Pine Exploration Inc Working Capital to Net Assets (1997–2023)
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. Check RPX goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Red Pine Exploration Inc (1997–2023)
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 live market cap and the full company profile, see Red Pine Exploration Inc stock valuation.
| 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 | — |