Silver Spruce Resources Inc (SSE) — Working Capital to Net Assets Ratio
Silver Spruce Resources Inc (SSE) has a Working Capital to Net Assets ratio of 100.0% as of April 2025. Working capital of CA$-465.85K (current assets of CA$67.34K minus current liabilities of CA$533.19K) is measured against net assets of CA$-465.85K. A higher ratio indicates strong short-term liquidity financed by the equity base. See SSE net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Silver Spruce Resources Inc Working Capital to Net Assets (1998–2024)
This chart shows how Silver Spruce Resources Inc's Working Capital to Net Assets ratio has evolved across 27 annual periods from 1998 to 2024. As of April 2025, the ratio stands at 100.0%, reflecting working capital of CA$-465.85K against net assets of CA$-465.85K CAD. Check SSE tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Silver Spruce Resources Inc (1998–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Silver Spruce Resources Inc from 1998 to 2024, covering 27 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 Silver Spruce Resources Inc (SSE) total market value.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 100.0% | CA$-242.01K | CA$-242.01K | CA$112.06K | CA$354.07K | ▲ +0.8 pp |
| 2023 | 99.2% | CA$195.65K | CA$197.26K | CA$409.10K | CA$213.45K | ▲ +62.1 pp |
| 2022 | 37.1% | CA$11.34K | CA$30.57K | CA$364.25K | CA$352.92K | ▼ -61.3 pp |
| 2021 | 98.4% | CA$1.14 Million | CA$1.16 Million | CA$1.43 Million | CA$289.85K | ▼ -3.7 pp |
| 2020 | 102.1% | CA$1.34 Million | CA$1.31 Million | CA$1.42 Million | CA$84.20K | ▲ +2.1 pp |
| 2019 | 100.0% | CA$-398.48K | CA$-398.48K | CA$271.41K | CA$669.89K | ▼ -613.2 pp |
| 2018 | 713.2% | CA$-1.15 Million | CA$-161.68K | CA$50.37K | CA$1.20 Million | ▲ +1019.2 pp |
| 2017 | -306.0% | CA$-820.23K | CA$268.01K | CA$150.40K | CA$970.62K | ▼ -407.8 pp |
| 2016 | 101.8% | CA$-213.56K | CA$-209.85K | CA$163.14K | CA$376.70K | ▲ +48.6 pp |
| 2015 | 53.1% | CA$-1.26 Million | CA$-2.37 Million | CA$18.80K | CA$1.28 Million | ▼ -62.4 pp |
| 2014 | 115.5% | CA$-380.84K | CA$-329.73K | CA$152.14K | CA$532.98K | ▲ +167.0 pp |
| 2013 | -51.5% | CA$-300.66K | CA$583.69K | CA$72.04K | CA$372.71K | ▼ -46.8 pp |
| 2012 | -4.7% | CA$-85.72K | CA$1.82 Million | CA$207.78K | CA$293.50K | ▼ -23.0 pp |
| 2011 | 18.3% | CA$930.72K | CA$5.10 Million | CA$1.10 Million | CA$171.11K | ▲ +19.5 pp |
| 2010 | -1.3% | CA$-40.60K | CA$3.19 Million | CA$339.76K | CA$380.36K | ▼ -2.1 pp |
| 2009 | 0.8% | CA$54.58K | CA$6.77 Million | CA$374.02K | CA$319.44K | ▼ -11.8 pp |
| 2008 | 12.6% | CA$1.96 Million | CA$15.53 Million | CA$2.54 Million | CA$574.25K | ▼ -35.1 pp |
| 2007 | 47.7% | CA$5.30 Million | CA$11.12 Million | CA$6.15 Million | CA$850.76K | ▼ -16.5 pp |
| 2006 | 64.2% | CA$3.97 Million | CA$6.19 Million | CA$4.14 Million | CA$165.99K | ▲ +79.6 pp |
| 2005 | -15.4% | CA$-65.97K | CA$429.73K | CA$63.70K | CA$129.68K | ▲ +36.7 pp |
| 2004 | -52.1% | CA$-68.48K | CA$131.54K | CA$42.06K | CA$110.55K | ▼ -34.1 pp |
| 2003 | -18.0% | CA$-24.32K | CA$135.14K | CA$5.79K | CA$30.10K | ▼ -394.3 pp |
| 2002 | 376.3% | CA$-220.05K | CA$-58.48K | CA$3.74K | CA$223.79K | ▼ -814.4 pp |
| 2001 | 1190.7% | CA$-179.27K | CA$-15.06K | CA$2.70K | CA$181.97K | ▲ +1247.6 pp |
| 2000 | -56.9% | CA$-62.30K | CA$109.48K | CA$3.54K | CA$65.84K | ▼ -64.7 pp |
| 1999 | 7.8% | CA$12.44K | CA$160.45K | CA$47.75K | CA$35.31K | ▼ -2.2 pp |
| 1998 | 10.0% | CA$11.55K | CA$115.50K | CA$100.03K | CA$88.49K | — |