Strategic Resources Inc Working Capital to Net Assets Ratio
Strategic Resources Inc working capital to net assets ratio. Strategic Resources Inc (SR) has a Working Capital to Net Assets ratio of 7.1% as of March 2023. Working capital of CA$10.05 Million (current assets of CA$24.36 Million minus current liabilities of CA$14.31 Million) is measured against net assets of CA$141.09 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Strategic Resources Inc tangible equity quality to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Strategic Resources Inc (2015–2022)
Working capital to net assets ratio of Strategic Resources Inc from 2015 to 2022. This chart shows how Strategic Resources Inc's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2015 to 2022. As of March 2023, the ratio stands at 7.1%, reflecting working capital of CA$10.05 Million against net assets of CA$141.09 Million CAD. See operational self-sufficiency of Strategic Resources Inc to measure how many days the company can operate on defensive assets alone.
Strategic Resources Inc Working Capital to Net Assets Ratio by Year (2015–2022)
Strategic Resources Inc working capital to net assets ratio by year from 2015 to 2022. The table below presents the year-by-year Working Capital to Net Assets ratio for Strategic Resources Inc from 2015 to 2022, covering 8 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 the complete balance sheet picture, see SR asset base.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | 122.7% | CA$5.01 Million | CA$4.08 Million | CA$17.98 Million | CA$12.97 Million | ▲ +348.5 pp |
| 2021 | -225.8% | CA$-10.77 Million | CA$4.77 Million | CA$981.57K | CA$11.75 Million | ▼ -462.3 pp |
| 2020 | 236.5% | CA$13.07 Million | CA$5.52 Million | CA$13.09 Million | CA$26.61K | ▲ +214.6 pp |
| 2019 | 21.9% | CA$1.21 Million | CA$5.52 Million | CA$1.26 Million | CA$55.29K | ▼ -78.1 pp |
| 2018 | 100.0% | CA$8.84K | CA$8.84K | CA$36.76K | CA$27.93K | ▲ +0.0 pp |
| 2017 | 100.0% | CA$68.97K | CA$68.97K | CA$86.33K | CA$17.36K | ▲ +0.0 pp |
| 2016 | 100.0% | CA$290.15K | CA$290.15K | CA$336.94K | CA$46.78K | ▼ -5.7 pp |
| 2015 | 105.7% | CA$-155.07K | CA$-146.75K | CA$20.73K | CA$175.80K | — |