Strategic Resources Inc (SR) — 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. See Strategic Resources Inc (SR) 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
Strategic Resources Inc Working Capital to Net Assets (2015–2022)
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 how many days can Strategic Resources Inc fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Strategic Resources Inc (2015–2022)
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 live market cap and the full company profile, see Strategic Resources Inc stock valuation.
| 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 | — |