Theralase Technologies Inc. Working Capital to Net Assets Ratio
Theralase Technologies Inc. working capital to net assets ratio. Theralase Technologies Inc. (TLT) has a Working Capital to Net Assets ratio of 81.8% as of June 2026. Working capital of CA$5.59 Million (current assets of CA$6.84 Million minus current liabilities of CA$1.25 Million) is measured against net assets of CA$6.84 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Theralase Technologies Inc. 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 Theralase Technologies Inc. (2001–2025)
Working capital to net assets ratio of Theralase Technologies Inc. from 2001 to 2025. This chart shows how Theralase Technologies Inc.'s Working Capital to Net Assets ratio has evolved across 25 annual periods from 2001 to 2025. As of June 2026, the ratio stands at 81.8%, reflecting working capital of CA$5.59 Million against net assets of CA$6.84 Million CAD. See TLT defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Theralase Technologies Inc. Working Capital to Net Assets Ratio by Year (2001–2025)
Theralase Technologies Inc. working capital to net assets ratio by year from 2001 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Theralase Technologies Inc. from 2001 to 2025, covering 25 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 Theralase Technologies Inc. assets under control.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 22.7% | CA$403.51K | CA$1.78 Million | CA$2.03 Million | CA$1.62 Million | ▼ -6.2 pp |
| 2024 | 28.9% | CA$597.72K | CA$2.07 Million | CA$1.58 Million | CA$985.95K | ▲ +6.8 pp |
| 2023 | 22.1% | CA$421.43K | CA$1.91 Million | CA$1.50 Million | CA$1.08 Million | ▼ -36.7 pp |
| 2022 | 58.8% | CA$1.82 Million | CA$3.09 Million | CA$2.50 Million | CA$681.46K | ▼ -22.5 pp |
| 2021 | 81.3% | CA$4.12 Million | CA$5.07 Million | CA$5.00 Million | CA$874.79K | ▼ -7.0 pp |
| 2020 | 88.3% | CA$8.09 Million | CA$9.16 Million | CA$8.92 Million | CA$821.41K | ▼ -3.1 pp |
| 2019 | 91.4% | CA$12.67 Million | CA$13.86 Million | CA$14.19 Million | CA$1.52 Million | ▲ +73.5 pp |
| 2018 | 17.9% | CA$179.01K | CA$998.64K | CA$2.74 Million | CA$2.57 Million | ▼ -43.9 pp |
| 2017 | 61.9% | CA$1.27 Million | CA$2.05 Million | CA$2.54 Million | CA$1.28 Million | ▼ -27.2 pp |
| 2016 | 89.0% | CA$5.07 Million | CA$5.69 Million | CA$5.62 Million | CA$549.74K | ▼ -2.9 pp |
| 2015 | 91.9% | CA$5.81 Million | CA$6.32 Million | CA$6.59 Million | CA$785.66K | ▲ +3.9 pp |
| 2014 | 88.1% | CA$2.91 Million | CA$3.31 Million | CA$3.42 Million | CA$511.75K | ▲ +7.9 pp |
| 2013 | 80.2% | CA$1.41 Million | CA$1.76 Million | CA$2.33 Million | CA$913.27K | ▼ -563.0 pp |
| 2012 | 643.2% | CA$-416.35K | CA$-64.73K | CA$764.63K | CA$1.18 Million | ▲ +611.3 pp |
| 2011 | 31.9% | CA$145.36K | CA$455.16K | CA$1.08 Million | CA$933.98K | ▲ +15.1 pp |
| 2010 | 16.8% | CA$424.91K | CA$2.53 Million | CA$1.06 Million | CA$635.24K | ▼ -23.5 pp |
| 2009 | 40.3% | CA$1.41 Million | CA$3.49 Million | CA$2.00 Million | CA$596.74K | ▲ +33.7 pp |
| 2008 | 6.6% | CA$158.43K | CA$2.39 Million | CA$858.02K | CA$699.60K | ▼ -18.3 pp |
| 2007 | 24.9% | CA$839.72K | CA$3.37 Million | CA$1.13 Million | CA$291.32K | ▲ +7.8 pp |
| 2006 | 17.1% | CA$577.51K | CA$3.37 Million | CA$891.25K | CA$313.74K | ▼ -1.2 pp |
| 2005 | 18.3% | CA$621.19K | CA$3.39 Million | CA$780.18K | CA$158.99K | ▼ -42.4 pp |
| 2004 | 60.7% | CA$639.66K | CA$1.05 Million | CA$800.35K | CA$160.69K | ▲ +42.9 pp |
| 2003 | 17.8% | CA$71.05K | CA$399.21K | CA$261.50K | CA$190.45K | ▼ -81.1 pp |
| 2002 | 98.9% | CA$86.35K | CA$87.35K | CA$97.07K | CA$10.72K | ▼ -0.4 pp |
| 2001 | 99.3% | CA$136.03K | CA$137.03K | CA$145.59K | CA$9.56K | — |