Stelmine Canada Ltd (STH) — Working Capital to Net Assets Ratio
Stelmine Canada Ltd (STH) has a Working Capital to Net Assets ratio of -4.7% as of April 2024. Working capital of CA$-428.69K (current assets of CA$118.42K minus current liabilities of CA$547.12K) is measured against net assets of CA$9.05 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See defensive interval ratio of Stelmine Canada Ltd to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Stelmine Canada Ltd Working Capital to Net Assets (2008–2023)
This chart shows how Stelmine Canada Ltd's Working Capital to Net Assets ratio has evolved across 16 annual periods from 2008 to 2023. As of April 2024, the ratio stands at -4.7%, reflecting working capital of CA$-428.69K against net assets of CA$9.05 Million CAD. For the complete balance sheet picture, see Stelmine Canada Ltd total assets.
Annual Working Capital to Net Assets for Stelmine Canada Ltd (2008–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Stelmine Canada Ltd from 2008 to 2023, covering 16 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. Check Stelmine Canada Ltd (STH) asset resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 1.5% | CA$134.27K | CA$9.07 Million | CA$907.18K | CA$772.91K | ▼ -16.9 pp |
| 2022 | 18.4% | CA$1.60 Million | CA$8.71 Million | CA$2.80 Million | CA$1.20 Million | ▲ +0.3 pp |
| 2021 | 18.1% | CA$747.65K | CA$4.12 Million | CA$1.06 Million | CA$312.65K | ▲ +2.7 pp |
| 2020 | 15.4% | CA$418.00K | CA$2.71 Million | CA$516.82K | CA$98.83K | ▲ +9.9 pp |
| 2019 | 5.5% | CA$110.57K | CA$2.02 Million | CA$212.16K | CA$101.59K | ▼ -29.5 pp |
| 2018 | 34.9% | CA$821.99K | CA$2.35 Million | CA$1.08 Million | CA$257.66K | ▲ +3.9 pp |
| 2017 | 31.0% | CA$380.99K | CA$1.23 Million | CA$558.03K | CA$177.04K | ▼ -72.5 pp |
| 2016 | 103.6% | CA$-45.51K | CA$-43.95K | CA$57.71K | CA$103.22K | ▲ +5.1 pp |
| 2015 | 98.4% | CA$-495.31K | CA$-503.26K | CA$29.53K | CA$524.84K | ▼ -10.0 pp |
| 2014 | 108.4% | CA$-663.85K | CA$-612.51K | CA$7.46K | CA$671.31K | ▲ +285.0 pp |
| 2013 | -176.6% | CA$-636.23K | CA$360.33K | CA$16.79K | CA$653.02K | ▼ -137.7 pp |
| 2012 | -38.8% | CA$-319.65K | CA$823.19K | CA$30.30K | CA$349.95K | ▲ +43.9 pp |
| 2011 | -82.7% | CA$-791.12K | CA$956.43K | CA$49.23K | CA$840.34K | ▼ -75.4 pp |
| 2010 | -7.3% | CA$-80.59K | CA$1.10 Million | CA$45.19K | CA$125.78K | ▼ -24.7 pp |
| 2009 | 17.4% | CA$212.06K | CA$1.22 Million | CA$332.30K | CA$120.24K | ▼ -42.5 pp |
| 2008 | 59.8% | CA$724.41K | CA$1.21 Million | CA$886.43K | CA$162.02K | — |