Tornado Global Hydrovacs Ltd (TGH) — 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. See how leveraged is Tornado Global Hydrovacs Ltd's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Tornado Global Hydrovacs Ltd Working Capital to Net Assets (2014–2024)
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. Check TGH intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Tornado Global Hydrovacs Ltd (2014–2024)
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 live market cap and the full company profile, see Tornado Global Hydrovacs Ltd stock valuation.
| 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 | — |