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$9.05 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Stelmine Canada Ltd (STH) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Stelmine Canada Ltd Working Capital to Net Assets (2008–2023)
This chart shows how Stelmine Canada Ltd's Working Capital to Net Assets ratio has evolved across 16 annual periods from 2008 to 2023. As of April 2024, the ratio stands at -4.7%, reflecting working capital of CA$-428.69K against net assets of CA$9.05 Million CAD. Check tangible net worth ratio of Stelmine Canada Ltd to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company profile, see Stelmine Canada Ltd market capitalisation.
| 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 | — |