Canadian Spirit Resources Inc (SPI) — Working Capital to Net Assets Ratio
Canadian Spirit Resources Inc (SPI) has a Working Capital to Net Assets ratio of 47.8% as of December 2025. Working capital of CA$4.08 Million (current assets of CA$4.25 Million minus current liabilities of CA$169.12K) is measured against net assets of CA$8.53 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Canadian Spirit Resources Inc defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Canadian Spirit Resources Inc Working Capital to Net Assets (2013–2024)
This chart shows how Canadian Spirit Resources Inc's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2013 to 2024. As of December 2025, the ratio stands at 47.8%, reflecting working capital of CA$4.08 Million against net assets of CA$8.53 Million CAD. For the complete balance sheet picture, see Canadian Spirit Resources Inc total assets.
Annual Working Capital to Net Assets for Canadian Spirit Resources Inc (2013–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Canadian Spirit Resources Inc from 2013 to 2024, covering 12 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. Read SPI total liabilities for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 43.3% | CA$3.91 Million | CA$9.03 Million | CA$4.18 Million | CA$265.55K | ▲ +24.5 pp |
| 2023 | 18.9% | CA$5.21 Million | CA$27.65 Million | CA$5.67 Million | CA$459.44K | ▲ +18.1 pp |
| 2022 | 0.7% | CA$259.57K | CA$36.51 Million | CA$984.52K | CA$724.95K | ▼ -1.8 pp |
| 2021 | 2.5% | CA$909.49K | CA$36.65 Million | CA$1.35 Million | CA$445.37K | ▲ +1.2 pp |
| 2020 | 1.3% | CA$464.26K | CA$36.05 Million | CA$1.36 Million | CA$899.83K | ▼ -0.3 pp |
| 2019 | 1.6% | CA$588.33K | CA$36.38 Million | CA$703.06K | CA$114.74K | ▼ -3.5 pp |
| 2018 | 5.1% | CA$1.92 Million | CA$37.75 Million | CA$2.02 Million | CA$101.78K | ▲ +0.6 pp |
| 2017 | 4.5% | CA$1.96 Million | CA$43.55 Million | CA$2.22 Million | CA$256.51K | ▲ +1.8 pp |
| 2016 | 2.7% | CA$1.16 Million | CA$42.98 Million | CA$1.58 Million | CA$426.51K | ▼ -1.7 pp |
| 2015 | 4.4% | CA$3.14 Million | CA$70.89 Million | CA$3.69 Million | CA$548.51K | ▼ -1.6 pp |
| 2014 | 6.0% | CA$4.26 Million | CA$71.04 Million | CA$4.51 Million | CA$251.69K | ▲ +0.1 pp |
| 2013 | 5.9% | CA$3.59 Million | CA$61.19 Million | CA$7.46 Million | CA$3.87 Million | — |