Search Minerals Inc Working Capital to Net Assets Ratio
Search Minerals Inc working capital to net assets ratio. Search Minerals Inc (SMY) has a Working Capital to Net Assets ratio of -24.5% as of February 2026. Working capital of CA$-6.06 Million (current assets of CA$787.57K minus current liabilities of CA$6.85 Million) is measured against net assets of CA$24.75 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check SMY tangible net assets ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Search Minerals Inc (2007–2025)
Working capital to net assets ratio of Search Minerals Inc from 2007 to 2025. This chart shows how Search Minerals Inc's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2007 to 2025. As of February 2026, the ratio stands at -24.5%, reflecting working capital of CA$-6.06 Million against net assets of CA$24.75 Million CAD. See how many days can Search Minerals Inc fund operations to measure how many days the company can operate on defensive assets alone.
Search Minerals Inc Working Capital to Net Assets Ratio by Year (2007–2025)
Search Minerals Inc working capital to net assets ratio by year from 2007 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Search Minerals Inc from 2007 to 2025, covering 19 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see SMY current and non-current assets.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -23.5% | CA$-5.74 Million | CA$24.48 Million | CA$1.49 Million | CA$7.23 Million | ▼ -5.4 pp |
| 2024 | -18.1% | CA$-4.55 Million | CA$25.16 Million | CA$543.89K | CA$5.09 Million | ▼ -3.9 pp |
| 2023 | -14.2% | CA$-3.65 Million | CA$25.67 Million | CA$35.99K | CA$3.68 Million | ▼ -10.7 pp |
| 2022 | -3.5% | CA$-947.18K | CA$26.94 Million | CA$1.28 Million | CA$2.23 Million | ▼ -9.8 pp |
| 2021 | 6.3% | CA$1.30 Million | CA$20.84 Million | CA$1.99 Million | CA$682.98K | ▲ +24.1 pp |
| 2020 | -17.9% | CA$-2.07 Million | CA$11.60 Million | CA$146.71K | CA$2.22 Million | ▲ +1.1 pp |
| 2019 | -19.0% | CA$-2.04 Million | CA$10.76 Million | CA$378.53K | CA$2.42 Million | ▼ -0.6 pp |
| 2018 | -18.4% | CA$-1.83 Million | CA$9.94 Million | CA$104.63K | CA$1.93 Million | ▼ -8.8 pp |
| 2017 | -9.6% | CA$-925.17K | CA$9.65 Million | CA$410.05K | CA$1.34 Million | ▼ -13.0 pp |
| 2016 | 3.4% | CA$335.64K | CA$9.87 Million | CA$784.92K | CA$449.28K | ▲ +2.5 pp |
| 2015 | 0.9% | CA$83.99K | CA$9.26 Million | CA$1.04 Million | CA$951.36K | ▲ +11.8 pp |
| 2014 | -10.9% | CA$-846.85K | CA$7.75 Million | CA$749.40K | CA$1.60 Million | ▼ -0.3 pp |
| 2013 | -10.6% | CA$-778.55K | CA$7.35 Million | CA$169.58K | CA$948.13K | ▼ -11.4 pp |
| 2012 | 0.8% | CA$70.17K | CA$8.60 Million | CA$732.34K | CA$662.16K | ▼ -21.4 pp |
| 2011 | 22.2% | CA$3.12 Million | CA$14.06 Million | CA$5.21 Million | CA$2.09 Million | ▲ +5.9 pp |
| 2010 | 16.3% | CA$712.33K | CA$4.38 Million | CA$2.33 Million | CA$1.62 Million | ▼ -7.2 pp |
| 2009 | 23.5% | CA$309.32K | CA$1.32 Million | CA$639.78K | CA$330.46K | ▼ -44.2 pp |
| 2008 | 67.7% | CA$826.39K | CA$1.22 Million | CA$889.56K | CA$63.17K | ▼ -32.3 pp |
| 2007 | 100.0% | CA$414.99K | CA$414.99K | CA$427.99K | CA$13.00K | — |