Strategic Metals Ltd (SMD) — Working Capital to Net Assets Ratio
Strategic Metals Ltd (SMD) has a Working Capital to Net Assets ratio of 11.0% as of June 2026. Working capital of CA$9.28 Million (current assets of CA$9.54 Million minus current liabilities of CA$260.96K) is measured against net assets of CA$84.22 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See SMD days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Strategic Metals Ltd Working Capital to Net Assets (2013–2025)
This chart shows how Strategic Metals Ltd's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of June 2026, the ratio stands at 11.0%, reflecting working capital of CA$9.28 Million against net assets of CA$84.22 Million CAD. For the complete balance sheet picture, see how large is Strategic Metals Ltd's balance sheet.
Annual Working Capital to Net Assets for Strategic Metals Ltd (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Strategic Metals Ltd from 2013 to 2025, covering 13 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. Check financial resilience of Strategic Metals Ltd to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 8.3% | CA$6.89 Million | CA$82.84 Million | CA$7.22 Million | CA$325.47K | ▲ +2.3 pp |
| 2024 | 6.0% | CA$5.12 Million | CA$85.42 Million | CA$5.43 Million | CA$309.11K | ▼ -1.9 pp |
| 2023 | 7.9% | CA$6.90 Million | CA$87.05 Million | CA$7.34 Million | CA$441.96K | ▼ -5.2 pp |
| 2022 | 13.2% | CA$11.68 Million | CA$88.79 Million | CA$12.91 Million | CA$1.23 Million | ▼ -5.5 pp |
| 2021 | 18.6% | CA$16.22 Million | CA$87.04 Million | CA$16.88 Million | CA$652.64K | ▼ -8.7 pp |
| 2020 | 27.4% | CA$24.48 Million | CA$89.37 Million | CA$26.85 Million | CA$2.37 Million | ▲ +2.7 pp |
| 2019 | 24.7% | CA$18.70 Million | CA$75.66 Million | CA$19.65 Million | CA$940.82K | ▲ +0.7 pp |
| 2018 | 24.1% | CA$17.00 Million | CA$70.64 Million | CA$17.58 Million | CA$578.93K | ▼ -11.1 pp |
| 2017 | 35.2% | CA$26.69 Million | CA$75.91 Million | CA$27.20 Million | CA$511.21K | ▼ -5.0 pp |
| 2016 | 40.2% | CA$29.40 Million | CA$73.17 Million | CA$29.89 Million | CA$498.20K | ▼ -1.2 pp |
| 2015 | 41.3% | CA$28.25 Million | CA$68.34 Million | CA$28.94 Million | CA$690.13K | ▼ -3.0 pp |
| 2014 | 44.4% | CA$39.66 Million | CA$89.40 Million | CA$40.44 Million | CA$777.84K | ▼ -5.3 pp |
| 2013 | 49.7% | CA$46.37 Million | CA$93.39 Million | CA$46.88 Million | CA$507.28K | — |