Southern Empire Resources Corp (SMP) — Working Capital to Net Assets Ratio
Southern Empire Resources Corp (SMP) has a Working Capital to Net Assets ratio of 114.4% as of January 2026. Working capital of CA$-838.78K (current assets of CA$30.54K minus current liabilities of CA$869.32K) is measured against net assets of CA$-733.18K. A higher ratio indicates strong short-term liquidity financed by the equity base. See Southern Empire Resources Corp (SMP) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Southern Empire Resources Corp Working Capital to Net Assets (2017–2025)
This chart shows how Southern Empire Resources Corp's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2017 to 2025. As of January 2026, the ratio stands at 114.4%, reflecting working capital of CA$-838.78K against net assets of CA$-733.18K CAD. For the complete balance sheet picture, see balance sheet size of Southern Empire Resources Corp.
Annual Working Capital to Net Assets for Southern Empire Resources Corp (2017–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Southern Empire Resources Corp from 2017 to 2025, covering 9 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 Southern Empire Resources Corp asset resilience ratio 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 | 73.1% | CA$-809.62K | CA$-1.11 Million | CA$33.15K | CA$842.77K | ▼ -342.7 pp |
| 2024 | 415.8% | CA$-1.60 Million | CA$-383.86K | CA$45.59K | CA$1.64 Million | ▲ +420.0 pp |
| 2023 | -4.2% | CA$-477.74K | CA$11.42 Million | CA$372.30K | CA$850.03K | ▼ -21.1 pp |
| 2022 | 16.9% | CA$2.55 Million | CA$15.10 Million | CA$3.07 Million | CA$520.65K | ▼ -8.1 pp |
| 2021 | 25.0% | CA$3.57 Million | CA$14.31 Million | CA$4.15 Million | CA$576.28K | ▼ -19.9 pp |
| 2020 | 44.9% | CA$7.06 Million | CA$15.74 Million | CA$7.21 Million | CA$144.69K | ▼ -55.1 pp |
| 2019 | 100.0% | CA$165.35K | CA$165.35K | CA$415.01K | CA$249.66K | ▲ +0.0 pp |
| 2018 | 100.0% | CA$286.44K | CA$286.44K | CA$298.94K | CA$12.50K | ▲ +0.0 pp |
| 2017 | 100.0% | CA$139.04K | CA$139.04K | CA$145.00K | CA$5.96K | — |