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 (SPP) net asset quality to measure how much of total assets are equity-financed.
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. Check tangible equity quality of SPoT Coffee Ltd to evaluate the tangible quality of the company's equity base.
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 market cap of SPoT Coffee Ltd.
| 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 | — |