Teras Resources Inc Working Capital to Net Assets Ratio
Teras Resources Inc working capital to net assets ratio. Teras Resources Inc (TRA) has a Working Capital to Net Assets ratio of 112.7% as of February 2023. Working capital of CA$-663.36K (current assets of CA$269.37K minus current liabilities of CA$932.72K) is measured against net assets of CA$-588.58K. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Teras Resources Inc (TRA) tangible equity 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 Teras Resources Inc (2011–2022)
Working capital to net assets ratio of Teras Resources Inc from 2011 to 2022. This chart shows how Teras Resources Inc's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2011 to 2022. As of February 2023, the ratio stands at 112.7%, reflecting working capital of CA$-663.36K against net assets of CA$-588.58K CAD. See TRA cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Teras Resources Inc Working Capital to Net Assets Ratio by Year (2011–2022)
Teras Resources Inc working capital to net assets ratio by year from 2011 to 2022. The table below presents the year-by-year Working Capital to Net Assets ratio for Teras Resources Inc from 2011 to 2022, 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 the complete balance sheet picture, see TRA asset base.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | 190.9% | CA$-146.19K | CA$-76.57K | CA$651.93K | CA$798.12K | ▲ +191.8 pp |
| 2021 | -0.9% | CA$-223.64K | CA$25.68 Million | CA$776.56K | CA$1.00 Million | ▲ +1.1 pp |
| 2020 | -2.0% | CA$-503.67K | CA$25.11 Million | CA$374.07K | CA$877.73K | ▼ -1.8 pp |
| 2019 | -0.2% | CA$-39.37K | CA$25.22 Million | CA$245.93K | CA$285.30K | ▼ -0.7 pp |
| 2018 | 0.6% | CA$145.59K | CA$25.13 Million | CA$327.03K | CA$181.45K | ▼ -1.4 pp |
| 2017 | 2.0% | CA$499.27K | CA$24.64 Million | CA$699.52K | CA$200.25K | ▲ +1.1 pp |
| 2016 | 0.9% | CA$209.89K | CA$23.88 Million | CA$435.09K | CA$225.20K | ▼ -1.5 pp |
| 2015 | 2.4% | CA$574.60K | CA$23.70 Million | CA$1.19 Million | CA$616.35K | ▼ -0.9 pp |
| 2014 | 3.3% | CA$747.58K | CA$22.60 Million | CA$1.93 Million | CA$1.18 Million | ▲ +3.3 pp |
| 2013 | 0.0% | CA$-1.33K | CA$15.92 Million | CA$1.22 Million | CA$1.22 Million | ▼ -23.1 pp |
| 2012 | 23.1% | CA$3.99 Million | CA$17.27 Million | CA$4.71 Million | CA$717.87K | ▲ +5.3 pp |
| 2011 | 17.8% | CA$1.63 Million | CA$9.18 Million | CA$2.37 Million | CA$740.01K | — |