Tornado Global Hydrovacs Ltd Working Capital to Net Assets Ratio
Tornado Global Hydrovacs Ltd working capital to net assets ratio. Tornado Global Hydrovacs Ltd (TGH) has a Working Capital to Net Assets ratio of 60.0% as of September 2025. Working capital of CA$28.44 Million (current assets of CA$66.20 Million minus current liabilities of CA$37.75 Million) is measured against net assets of CA$47.38 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Tornado Global Hydrovacs Ltd 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 Tornado Global Hydrovacs Ltd (2014–2024)
Working capital to net assets ratio of Tornado Global Hydrovacs Ltd from 2014 to 2024. This chart shows how Tornado Global Hydrovacs Ltd's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at 60.0%, reflecting working capital of CA$28.44 Million against net assets of CA$47.38 Million CAD. See operational self-sufficiency of Tornado Global Hydrovacs Ltd to measure how many days the company can operate on defensive assets alone.
Tornado Global Hydrovacs Ltd Working Capital to Net Assets Ratio by Year (2014–2024)
Tornado Global Hydrovacs Ltd working capital to net assets ratio by year from 2014 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Tornado Global Hydrovacs Ltd from 2014 to 2024, covering 11 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 Tornado Global Hydrovacs Ltd balance sheet assets.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 81.4% | CA$29.55 Million | CA$36.31 Million | CA$53.36 Million | CA$23.80 Million | ▲ +3.4 pp |
| 2023 | 78.0% | CA$18.98 Million | CA$24.34 Million | CA$37.21 Million | CA$18.23 Million | ▲ +12.1 pp |
| 2022 | 65.9% | CA$10.56 Million | CA$16.04 Million | CA$30.47 Million | CA$19.91 Million | ▲ +22.3 pp |
| 2021 | 43.6% | CA$5.29 Million | CA$12.13 Million | CA$13.26 Million | CA$7.97 Million | ▲ +25.1 pp |
| 2020 | 18.5% | CA$2.74 Million | CA$14.83 Million | CA$14.02 Million | CA$11.28 Million | ▼ -38.6 pp |
| 2019 | 57.1% | CA$8.56 Million | CA$14.99 Million | CA$16.26 Million | CA$7.70 Million | ▲ +12.7 pp |
| 2018 | 44.4% | CA$7.52 Million | CA$16.95 Million | CA$14.70 Million | CA$7.18 Million | ▼ -19.1 pp |
| 2017 | 63.5% | CA$11.33 Million | CA$17.85 Million | CA$14.87 Million | CA$3.54 Million | ▼ -4.6 pp |
| 2016 | 68.1% | CA$9.10 Million | CA$13.36 Million | CA$12.75 Million | CA$3.65 Million | ▲ +0.8 pp |
| 2015 | 67.4% | CA$4.75 Million | CA$7.05 Million | CA$6.35 Million | CA$1.59 Million | ▼ -68.0 pp |
| 2014 | 135.4% | CA$8.99 Million | CA$6.64 Million | CA$14.56 Million | CA$5.57 Million | — |