Tesoro Minerals Corp. Working Capital to Net Assets Ratio
Tesoro Minerals Corp. working capital to net assets ratio. Tesoro Minerals Corp. (TES) has a Working Capital to Net Assets ratio of 65.4% as of April 2026. Working capital of CA$404.10K (current assets of CA$444.72K minus current liabilities of CA$40.62K) is measured against net assets of CA$617.85K. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Tesoro Minerals Corp. tangible net worth ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Tesoro Minerals Corp. (2013–2025)
Working capital to net assets ratio of Tesoro Minerals Corp. from 2013 to 2025. This chart shows how Tesoro Minerals Corp.'s Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of April 2026, the ratio stands at 65.4%, reflecting working capital of CA$404.10K against net assets of CA$617.85K CAD. See TES cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Tesoro Minerals Corp. Working Capital to Net Assets Ratio by Year (2013–2025)
Tesoro Minerals Corp. working capital to net assets ratio by year from 2013 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Tesoro Minerals Corp. from 2013 to 2025, covering 13 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see how large is Tesoro Minerals Corp.'s balance sheet.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 100.0% | CA$-34.56K | CA$-34.56K | CA$34.97K | CA$69.53K | ▲ +0.0 pp |
| 2024 | 100.0% | CA$217.84K | CA$217.84K | CA$273.45K | CA$55.61K | ▲ +0.0 pp |
| 2023 | 100.0% | CA$86.81K | CA$86.81K | CA$126.26K | CA$39.45K | ▲ +63.7 pp |
| 2022 | 36.3% | CA$15.66K | CA$43.16K | CA$40.08K | CA$24.42K | ▼ -52.7 pp |
| 2021 | 88.9% | CA$221.28K | CA$248.78K | CA$246.26K | CA$24.99K | ▲ +1.2 pp |
| 2020 | 87.7% | CA$196.82K | CA$224.32K | CA$227.77K | CA$30.95K | ▲ +5.4 pp |
| 2019 | 82.4% | CA$128.54K | CA$156.04K | CA$205.23K | CA$76.69K | ▲ +1.0 pp |
| 2018 | 81.4% | CA$120.34K | CA$147.84K | CA$169.04K | CA$48.69K | ▼ -7.8 pp |
| 2017 | 89.2% | CA$227.17K | CA$254.67K | CA$344.95K | CA$117.79K | ▼ -36.3 pp |
| 2016 | 125.5% | CA$-144.31K | CA$-115.00K | CA$98.66K | CA$242.97K | ▲ +26.7 pp |
| 2015 | 98.8% | CA$179.39K | CA$181.65K | CA$555.25K | CA$375.86K | ▼ -0.8 pp |
| 2014 | 99.5% | CA$570.95K | CA$573.77K | CA$835.73K | CA$264.78K | ▲ +144.6 pp |
| 2013 | -45.0% | CA$-1.06 Million | CA$2.36 Million | CA$70.10K | CA$1.13 Million | — |