Transforma Resources Corp Working Capital to Net Assets Ratio
Transforma Resources Corp working capital to net assets ratio. Transforma Resources Corp (TFM) has a Working Capital to Net Assets ratio of 268.8% as of September 2023. Working capital of CA$-499.46K (current assets of CA$24.99K minus current liabilities of CA$524.45K) is measured against net assets of CA$-185.80K. A higher ratio indicates strong short-term liquidity financed by the equity base. See Transforma Resources Corp (TFM) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Transforma Resources Corp (2017–2022)
Working capital to net assets ratio of Transforma Resources Corp from 2017 to 2022. This chart shows how Transforma Resources Corp's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2017 to 2022. As of September 2023, the ratio stands at 268.8%, reflecting working capital of CA$-499.46K against net assets of CA$-185.80K CAD. See Transforma Resources Corp liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Transforma Resources Corp Working Capital to Net Assets Ratio by Year (2017–2022)
Transforma Resources Corp working capital to net assets ratio by year from 2017 to 2022. The table below presents the year-by-year Working Capital to Net Assets ratio for Transforma Resources Corp from 2017 to 2022, covering 6 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 Transforma Resources Corp (TFM) total assets.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | 189.4% | CA$-510.80K | CA$-269.71K | CA$21.00K | CA$531.80K | ▲ +63.7 pp |
| 2021 | 125.7% | CA$-1.18 Million | CA$-941.49K | CA$17.45K | CA$1.20 Million | ▲ +2.1 pp |
| 2020 | 123.6% | CA$-895.53K | CA$-724.56K | CA$33.01K | CA$928.54K | ▼ -27.2 pp |
| 2019 | 150.8% | CA$-741.04K | CA$-491.27K | CA$21.65K | CA$762.69K | ▼ -46.5 pp |
| 2018 | 197.3% | CA$-385.09K | CA$-195.13K | CA$80.92K | CA$466.01K | ▼ -2.1 pp |
| 2017 | 199.5% | CA$-308.61K | CA$-154.70K | CA$27.78K | CA$336.38K | — |