SPoT Coffee Ltd (SPP) — Working Capital to Net Assets Ratio
SPoT Coffee Ltd (SPP) has a Working Capital to Net Assets ratio of 93.8% as of September 2023. Working capital of CA$-4.82 Million (current assets of CA$1.09 Million minus current liabilities of CA$5.91 Million) is measured against net assets of CA$-5.14 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See SPoT Coffee Ltd financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
SPoT Coffee Ltd Working Capital to Net Assets (2013–2022)
This chart shows how SPoT Coffee Ltd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2013 to 2022. As of September 2023, the ratio stands at 93.8%, reflecting working capital of CA$-4.82 Million against net assets of CA$-5.14 Million CAD. See SPoT Coffee Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for SPoT Coffee Ltd (2013–2022)
The table below presents the year-by-year Working Capital to Net Assets ratio for SPoT Coffee Ltd from 2013 to 2022, 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 SPP stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | 95.7% | CA$-4.13 Million | CA$-4.32 Million | CA$2.56 Million | CA$6.69 Million | ▲ +0.9 pp |
| 2021 | 94.8% | CA$-3.40 Million | CA$-3.58 Million | CA$1.29 Million | CA$4.68 Million | ▼ -4.0 pp |
| 2020 | 98.8% | CA$-5.70 Million | CA$-5.77 Million | CA$586.01K | CA$6.28 Million | ▼ -27.2 pp |
| 2019 | 126.0% | CA$-4.16 Million | CA$-3.30 Million | CA$662.15K | CA$4.82 Million | ▼ -26.3 pp |
| 2018 | 152.3% | CA$-1.75 Million | CA$-1.15 Million | CA$1.82 Million | CA$3.57 Million | ▲ +0.5 pp |
| 2017 | 151.8% | CA$-2.43 Million | CA$-1.60 Million | CA$1.20 Million | CA$3.63 Million | ▼ -17.1 pp |
| 2016 | 168.9% | CA$-2.98 Million | CA$-1.76 Million | CA$1.06 Million | CA$4.04 Million | ▲ +15.2 pp |
| 2015 | 153.7% | CA$-3.70 Million | CA$-2.41 Million | CA$480.92K | CA$4.18 Million | ▲ +83.0 pp |
| 2014 | 70.8% | CA$-1.45 Million | CA$-2.04 Million | CA$704.05K | CA$2.15 Million | ▲ +51.5 pp |
| 2013 | 19.3% | CA$313.43K | CA$1.63 Million | CA$1.68 Million | CA$1.37 Million | — |