Southstone Minerals Ltd (SML) — Working Capital to Net Assets Ratio
Southstone Minerals Ltd (SML) has a Working Capital to Net Assets ratio of 109.0% as of November 2025. Working capital of CA$-1.48 Million (current assets of CA$1.13 Million minus current liabilities of CA$2.61 Million) is measured against net assets of CA$-1.36 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See SML net asset quality score to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Southstone Minerals Ltd Working Capital to Net Assets (2016–2025)
This chart shows how Southstone Minerals Ltd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2016 to 2025. As of November 2025, the ratio stands at 109.0%, reflecting working capital of CA$-1.48 Million against net assets of CA$-1.36 Million CAD. Check Southstone Minerals Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Southstone Minerals Ltd (2016–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Southstone Minerals Ltd from 2016 to 2025, covering 10 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 how much is Southstone Minerals Ltd worth.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 107.7% | CA$-1.62 Million | CA$-1.51 Million | CA$672.92K | CA$2.29 Million | ▼ -0.1 pp |
| 2024 | 107.8% | CA$-1.57 Million | CA$-1.45 Million | CA$201.13K | CA$1.77 Million | ▼ -7.6 pp |
| 2023 | 115.5% | CA$-1.43 Million | CA$-1.24 Million | CA$11.82K | CA$1.44 Million | ▲ +12.3 pp |
| 2022 | 103.2% | CA$-1.14 Million | CA$-1.11 Million | CA$202.22K | CA$1.34 Million | ▼ -28.4 pp |
| 2021 | 131.5% | CA$-1.04 Million | CA$-791.69K | CA$477.69K | CA$1.52 Million | ▼ -134.8 pp |
| 2020 | 266.3% | CA$-1.20 Million | CA$-452.27K | CA$937.10K | CA$2.14 Million | ▼ -144.1 pp |
| 2019 | 410.4% | CA$-943.67K | CA$-229.91K | CA$3.12 Million | CA$4.07 Million | ▼ -457.1 pp |
| 2018 | 867.5% | CA$-710.31K | CA$-81.88K | CA$2.77 Million | CA$3.48 Million | ▲ +676.5 pp |
| 2017 | 191.0% | CA$-1.67 Million | CA$-872.97K | CA$2.78 Million | CA$4.44 Million | ▲ +0.8 pp |
| 2016 | 190.3% | CA$-2.11 Million | CA$-1.11 Million | CA$3.06 Million | CA$5.16 Million | — |