Torq Resources Inc (TORQ) — Working Capital to Net Assets Ratio
Torq Resources Inc (TORQ) has a Working Capital to Net Assets ratio of 143.9% as of September 2025. Working capital of CA$-5.45 Million (current assets of CA$162.15K minus current liabilities of CA$5.61 Million) is measured against net assets of CA$-3.78 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Torq Resources Inc net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Torq Resources Inc Working Capital to Net Assets (2000–2024)
This chart shows how Torq Resources Inc's Working Capital to Net Assets ratio has evolved across 25 annual periods from 2000 to 2024. As of September 2025, the ratio stands at 143.9%, reflecting working capital of CA$-5.45 Million against net assets of CA$-3.78 Million CAD. Check tangible net worth ratio of Torq Resources Inc to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Torq Resources Inc (2000–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Torq Resources Inc from 2000 to 2024, 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 live market cap and the full company profile, see market value of Torq Resources Inc.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 37.9% | CA$-2.14 Million | CA$-5.65 Million | CA$678.39K | CA$2.82 Million | ▲ +49.0 pp |
| 2023 | -11.1% | CA$-114.84K | CA$1.04 Million | CA$1.08 Million | CA$1.20 Million | ▼ -105.8 pp |
| 2022 | 94.7% | CA$11.36 Million | CA$12.00 Million | CA$13.00 Million | CA$1.64 Million | ▲ +33.1 pp |
| 2021 | 61.6% | CA$2.04 Million | CA$3.31 Million | CA$2.71 Million | CA$676.54K | ▼ -38.4 pp |
| 2020 | 100.0% | CA$8.89 Million | CA$8.89 Million | CA$9.09 Million | CA$202.92K | ▲ +0.0 pp |
| 2019 | 100.0% | CA$10.83 Million | CA$10.83 Million | CA$11.05 Million | CA$219.26K | ▼ -0.6 pp |
| 2018 | 100.6% | CA$12.44 Million | CA$12.37 Million | CA$12.67 Million | CA$229.34K | ▲ +12.0 pp |
| 2017 | 88.6% | CA$15.65 Million | CA$17.67 Million | CA$15.86 Million | CA$201.72K | ▼ -4.9 pp |
| 2016 | 93.5% | CA$5.55 Million | CA$5.94 Million | CA$6.19 Million | CA$633.67K | ▼ -6.5 pp |
| 2015 | 100.0% | CA$-414.44K | CA$-414.44K | CA$223.52K | CA$637.96K | ▲ +708.6 pp |
| 2014 | -608.6% | CA$-279.42K | CA$45.91K | CA$362.12K | CA$641.54K | ▼ -531.1 pp |
| 2013 | -77.5% | CA$-138.51K | CA$178.80K | CA$519.22K | CA$657.73K | ▼ -102.7 pp |
| 2012 | 25.3% | CA$103.23K | CA$408.28K | CA$1.03 Million | CA$927.62K | ▲ +18.0 pp |
| 2011 | 7.3% | CA$1.15 Million | CA$15.64 Million | CA$2.15 Million | CA$1.00 Million | ▼ -88.7 pp |
| 2010 | 96.0% | CA$295.86K | CA$308.07K | CA$309.12K | CA$13.26K | ▼ -1.6 pp |
| 2009 | 97.6% | CA$667.93K | CA$684.23K | CA$697.98K | CA$30.05K | ▲ +69.5 pp |
| 2008 | 28.1% | CA$650.65K | CA$2.32 Million | CA$673.09K | CA$22.44K | ▼ -32.0 pp |
| 2007 | 60.1% | CA$3.39 Million | CA$5.65 Million | CA$3.69 Million | CA$298.49K | ▼ -36.9 pp |
| 2006 | 96.9% | CA$788.90K | CA$813.84K | CA$920.26K | CA$131.36K | ▲ +1.3 pp |
| 2005 | 95.6% | CA$549.49K | CA$574.48K | CA$671.10K | CA$121.62K | ▲ +45.5 pp |
| 2004 | 50.2% | CA$64.69K | CA$128.90K | CA$129.55K | CA$64.86K | ▲ +44.5 pp |
| 2003 | 5.7% | CA$-3.40K | CA$-59.76K | CA$2.65K | CA$6.05K | ▼ -9.3 pp |
| 2002 | 15.0% | CA$-6.95K | CA$-46.40K | CA$418.00 | CA$7.37K | ▼ -91.3 pp |
| 2001 | 106.3% | CA$-31.02K | CA$-29.18K | CA$7.09K | CA$38.10K | ▲ +248.9 pp |
| 2000 | -142.7% | CA$16.36K | CA$-11.47K | CA$24.71K | CA$8.34K | — |