Tethys Petroleum Ltd Working Capital to Net Assets Ratio
Tethys Petroleum Ltd working capital to net assets ratio. Tethys Petroleum Ltd (TPL) has a Working Capital to Net Assets ratio of -1.2% as of March 2026. Working capital of CA$-402.00K (current assets of CA$16.08 Million minus current liabilities of CA$16.48 Million) is measured against net assets of CA$34.27 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Tethys Petroleum Ltd (2004–2025)
Working capital to net assets ratio of Tethys Petroleum Ltd from 2004 to 2025. This chart shows how Tethys Petroleum Ltd's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2004 to 2025. As of March 2026, the ratio stands at -1.2%, reflecting working capital of CA$-402.00K against net assets of CA$34.27 Million CAD. Explore Tethys Petroleum Ltd (TPL) investment intensity to see how much of total assets are deployed in long-term investments.
Tethys Petroleum Ltd Working Capital to Net Assets Ratio by Year (2004–2025)
Tethys Petroleum Ltd working capital to net assets ratio by year from 2004 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Tethys Petroleum Ltd from 2004 to 2025, covering 22 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see Tethys Petroleum Ltd assets under control.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -11.0% | CA$-3.34 Million | CA$30.26 Million | CA$13.43 Million | CA$16.78 Million | ▼ -26.1 pp |
| 2024 | 15.0% | CA$3.47 Million | CA$23.15 Million | CA$9.44 Million | CA$5.97 Million | ▼ -3.4 pp |
| 2023 | 18.4% | CA$7.77 Million | CA$42.19 Million | CA$12.65 Million | CA$4.88 Million | ▲ +5.7 pp |
| 2022 | 12.7% | CA$4.47 Million | CA$35.12 Million | CA$24.13 Million | CA$19.66 Million | ▲ +108.7 pp |
| 2021 | -95.9% | CA$-21.45 Million | CA$22.36 Million | CA$13.53 Million | CA$34.98 Million | ▼ -48.4 pp |
| 2020 | -47.5% | CA$-11.84 Million | CA$24.92 Million | CA$5.19 Million | CA$17.03 Million | ▲ +51.8 pp |
| 2019 | -99.3% | CA$-47.11 Million | CA$47.45 Million | CA$4.49 Million | CA$51.60 Million | ▼ -44.4 pp |
| 2018 | -54.9% | CA$-30.88 Million | CA$56.26 Million | CA$6.70 Million | CA$37.58 Million | ▲ +43.6 pp |
| 2017 | -98.5% | CA$-47.21 Million | CA$47.94 Million | CA$7.71 Million | CA$54.91 Million | ▼ -51.9 pp |
| 2016 | -46.6% | CA$-43.44 Million | CA$93.23 Million | CA$10.37 Million | CA$53.81 Million | ▼ -34.2 pp |
| 2015 | -12.4% | CA$-16.30 Million | CA$131.57 Million | CA$8.08 Million | CA$24.38 Million | ▼ -84.8 pp |
| 2014 | 72.4% | CA$148.92 Million | CA$205.75 Million | CA$176.38 Million | CA$27.46 Million | ▼ -4.2 pp |
| 2013 | 76.6% | CA$155.24 Million | CA$202.59 Million | CA$187.27 Million | CA$32.02 Million | ▲ +81.1 pp |
| 2012 | -4.5% | CA$-9.95 Million | CA$220.15 Million | CA$14.38 Million | CA$24.32 Million | ▼ -4.9 pp |
| 2011 | 0.4% | CA$942.00K | CA$237.88 Million | CA$21.78 Million | CA$20.84 Million | ▼ -28.7 pp |
| 2010 | 29.1% | CA$69.72 Million | CA$239.52 Million | CA$86.41 Million | CA$16.69 Million | ▲ +29.3 pp |
| 2009 | -0.1% | CA$-157.00K | CA$106.60 Million | CA$11.98 Million | CA$12.13 Million | ▼ -22.5 pp |
| 2008 | 22.3% | CA$21.49 Million | CA$96.17 Million | CA$25.08 Million | CA$3.59 Million | ▼ -15.6 pp |
| 2007 | 37.9% | CA$25.77 Million | CA$67.94 Million | CA$28.05 Million | CA$2.28 Million | ▲ +32.7 pp |
| 2006 | 5.2% | CA$765.73K | CA$14.69 Million | CA$2.10 Million | CA$1.33 Million | ▼ -264.4 pp |
| 2005 | 269.6% | CA$-7.78 Million | CA$-2.88 Million | CA$440.28K | CA$8.22 Million | ▲ +137.1 pp |
| 2004 | 132.5% | CA$-1.09 Million | CA$-820.90K | CA$56.67K | CA$1.14 Million | — |