Transforma Resources Corp (TFM) — 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 net asset quality index of Transforma Resources Corp to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Transforma Resources Corp Working Capital to Net Assets (2017–2022)
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 TFM cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Transforma Resources Corp (2017–2022)
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 live market cap and the full company profile, see how much is Transforma Resources Corp worth.
| 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 | — |