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 SPP cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
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. For the complete balance sheet picture, see balance sheet size of SPoT Coffee Ltd.
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. Explore SPoT Coffee Ltd long-term investment allocation to see how much of total assets are deployed in long-term investments.
| 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 | — |