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 SMP equity financing ratio to measure how much of total assets are equity-financed.
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. Check Southern Empire Resources Corp tangible equity quality to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company profile, see Southern Empire Resources Corp stock valuation.
| 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 | — |