Till Capital Ltd (TIL) — Working Capital to Net Assets Ratio
Till Capital Ltd (TIL) has a Working Capital to Net Assets ratio of 80.7% as of March 2024. Working capital of CA$13.03 Million (current assets of CA$13.22 Million minus current liabilities of CA$187.61K) is measured against net assets of CA$16.15 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See TIL free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Till Capital Ltd Working Capital to Net Assets (2012–2023)
This chart shows how Till Capital Ltd's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2012 to 2023. As of March 2024, the ratio stands at 80.7%, reflecting working capital of CA$13.03 Million against net assets of CA$16.15 Million CAD. See Till Capital Ltd (TIL) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Till Capital Ltd (2012–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Till Capital Ltd from 2012 to 2023, covering 12 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 Till Capital Ltd (TIL) market capitalisation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 82.9% | CA$13.57 Million | CA$16.37 Million | CA$13.64 Million | CA$71.80K | ▲ +77.2 pp |
| 2022 | 5.6% | CA$3.62 Million | CA$64.31 Million | CA$4.17 Million | CA$549.40K | ▼ -39.7 pp |
| 2021 | 45.4% | CA$11.49 Million | CA$25.32 Million | CA$11.53 Million | CA$43.16K | ▲ +42.7 pp |
| 2020 | 2.7% | CA$1.67 Million | CA$61.99 Million | CA$1.80 Million | CA$132.86K | ▼ -5.5 pp |
| 2019 | 8.2% | CA$5.14 Million | CA$62.71 Million | CA$5.30 Million | CA$161.42K | ▼ -31.7 pp |
| 2018 | 39.9% | CA$20.40 Million | CA$51.14 Million | CA$34.67 Million | CA$14.27 Million | ▲ +31.5 pp |
| 2017 | 8.4% | CA$6.12 Million | CA$73.09 Million | CA$6.53 Million | CA$414.39K | ▼ -7.8 pp |
| 2016 | 16.2% | CA$6.93 Million | CA$42.83 Million | CA$10.12 Million | CA$3.19 Million | ▲ +18.5 pp |
| 2015 | -2.4% | CA$-1.05 Million | CA$44.24 Million | CA$5.98 Million | CA$7.03 Million | ▼ -20.3 pp |
| 2014 | 17.9% | CA$9.43 Million | CA$52.58 Million | CA$17.10 Million | CA$7.67 Million | ▼ -37.7 pp |
| 2013 | 55.6% | CA$16.34 Million | CA$29.38 Million | CA$18.26 Million | CA$1.91 Million | ▲ +55.1 pp |
| 2012 | 0.5% | CA$225.78K | CA$45.78 Million | CA$1.88 Million | CA$1.65 Million | — |