Turmalina Metals Corp Working Capital to Net Assets Ratio
Turmalina Metals Corp working capital to net assets ratio. Turmalina Metals Corp (TBX) has a Working Capital to Net Assets ratio of 114.8% as of December 2024. Working capital of CA$-1.45 Million (current assets of CA$124.33K minus current liabilities of CA$1.58 Million) is measured against net assets of CA$-1.26 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 Turmalina Metals Corp (2018–2024)
Working capital to net assets ratio of Turmalina Metals Corp from 2018 to 2024. This chart shows how Turmalina Metals Corp's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2018 to 2024. As of December 2024, the ratio stands at 114.8%, reflecting working capital of CA$-1.45 Million against net assets of CA$-1.26 Million CAD. See Turmalina Metals Corp (TBX) defensive interval to measure how many days the company can operate on defensive assets alone.
Turmalina Metals Corp Working Capital to Net Assets Ratio by Year (2018–2024)
Turmalina Metals Corp working capital to net assets ratio by year from 2018 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Turmalina Metals Corp from 2018 to 2024, covering 7 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 Turmalina Metals Corp balance sheet assets.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 114.8% | CA$-1.45 Million | CA$-1.26 Million | CA$124.33K | CA$1.58 Million | ▲ +146.5 pp |
| 2023 | -31.7% | CA$-440.64K | CA$1.39 Million | CA$87.38K | CA$528.02K | ▼ -11.3 pp |
| 2022 | -20.4% | CA$-387.30K | CA$1.90 Million | CA$115.55K | CA$502.85K | ▼ -92.7 pp |
| 2021 | 72.3% | CA$4.03 Million | CA$5.57 Million | CA$4.14 Million | CA$114.69K | ▼ -21.5 pp |
| 2020 | 93.8% | CA$10.15 Million | CA$10.82 Million | CA$10.35 Million | CA$202.62K | ▲ +3.1 pp |
| 2019 | 90.6% | CA$5.20 Million | CA$5.74 Million | CA$5.69 Million | CA$483.79K | ▼ -45.4 pp |
| 2018 | 136.1% | CA$-295.33K | CA$-217.02K | CA$23.44K | CA$318.77K | — |