Stelmine Canada Ltd Working Capital to Net Assets Ratio
Stelmine Canada Ltd 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$9.05 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Stelmine Canada Ltd (2008–2023)
Working capital to net assets ratio of Stelmine Canada Ltd from 2008 to 2023. This chart shows how Stelmine Canada Ltd's Working Capital to Net Assets ratio has evolved across 16 annual periods from 2008 to 2023. As of April 2024, the ratio stands at -4.7%, reflecting working capital of CA$-428.69K against net assets of CA$9.05 Million CAD. See Stelmine Canada Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Stelmine Canada Ltd Working Capital to Net Assets Ratio by Year (2008–2023)
Stelmine Canada Ltd working capital to net assets ratio by year from 2008 to 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. For the complete balance sheet picture, see Stelmine Canada Ltd assets under control.
| 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 | — |