Tesoro Minerals Corp. (TES) — 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. See TES financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Tesoro Minerals Corp. Working Capital to Net Assets (2013–2025)
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$617.85K CAD. See operational self-sufficiency of Tesoro Minerals Corp. to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Tesoro Minerals Corp. (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Tesoro Minerals Corp. from 2013 to 2025, covering 13 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see TES company net worth.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 100.0% | CA$-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 | — |