Tesoro Minerals Corp. (TES) — Working Capital to Net Assets Ratio
Tesoro Minerals Corp. (TES) has a Working Capital to Net Assets ratio of 100.0% as of January 2026. Working capital of CA$-72.84K (current assets of CA$22.32K minus current liabilities of CA$95.16K) is measured against net assets of CA$-72.84K. A higher ratio indicates strong short-term liquidity financed by the equity base. See Tesoro Minerals Corp. balance sheet independence to measure how much of total assets are equity-financed.
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 January 2026, the ratio stands at 100.0%, reflecting working capital of CA$-72.84K against net assets of CA$-72.84K CAD. Check TES tangible net worth ratio to evaluate the tangible quality of the company's equity base.
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 Tesoro Minerals Corp. market cap and 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 | — |