Sparx Technology Inc (SPRX) — Working Capital to Net Assets Ratio
Sparx Technology Inc (SPRX) has a Working Capital to Net Assets ratio of 49.8% as of December 2023. Working capital of CA$-599.31K (current assets of CA$113.13K minus current liabilities of CA$712.44K) is measured against net assets of CA$-1.20 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Sparx Technology Inc (SPRX) financial flexibility to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Sparx Technology Inc Working Capital to Net Assets (2022–2023)
This chart shows how Sparx Technology Inc's Working Capital to Net Assets ratio has evolved across 2 annual periods from 2022 to 2023. As of December 2023, the ratio stands at 49.8%, reflecting working capital of CA$-599.31K against net assets of CA$-1.20 Million CAD. See how many days can Sparx Technology Inc fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Sparx Technology Inc (2022–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sparx Technology Inc from 2022 to 2023, covering 2 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 SPRX stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 67.6% | CA$-717.01K | CA$-1.06 Million | CA$117.20K | CA$834.21K | ▼ -49.5 pp |
| 2022 | 117.1% | CA$730.68K | CA$623.98K | CA$1.25 Million | CA$519.48K | — |