Tsodilo Resources Limited (TSD) — Working Capital to Net Assets Ratio
Tsodilo Resources Limited (TSD) has a Working Capital to Net Assets ratio of 230.6% as of December 2025. Working capital of CA$-4.74 Million (current assets of CA$37.40K minus current liabilities of CA$4.77 Million) is measured against net assets of CA$-2.05 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See TSD defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Tsodilo Resources Limited Working Capital to Net Assets (2013–2025)
This chart shows how Tsodilo Resources Limited's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of December 2025, the ratio stands at 230.6%, reflecting working capital of CA$-4.74 Million against net assets of CA$-2.05 Million CAD. For the complete balance sheet picture, see total assets of Tsodilo Resources Limited.
Annual Working Capital to Net Assets for Tsodilo Resources Limited (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Tsodilo Resources Limited from 2013 to 2025, covering 13 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. Read how much debt does Tsodilo Resources Limited carry for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 230.6% | CA$-4.74 Million | CA$-2.05 Million | CA$37.40K | CA$4.77 Million | ▲ +465.2 pp |
| 2024 | -234.7% | CA$-3.88 Million | CA$1.65 Million | CA$34.62K | CA$3.92 Million | ▼ -94.7 pp |
| 2023 | -140.0% | CA$-3.24 Million | CA$2.31 Million | CA$39.35K | CA$3.28 Million | ▼ -57.8 pp |
| 2022 | -82.1% | CA$-2.57 Million | CA$3.13 Million | CA$97.82K | CA$2.67 Million | ▼ -47.8 pp |
| 2021 | -34.3% | CA$-1.79 Million | CA$5.22 Million | CA$40.68K | CA$1.83 Million | ▼ -1.4 pp |
| 2020 | -32.9% | CA$-1.81 Million | CA$5.50 Million | CA$66.09K | CA$1.88 Million | ▼ -7.5 pp |
| 2019 | -25.5% | CA$-1.56 Million | CA$6.14 Million | CA$38.19K | CA$1.60 Million | ▼ -18.6 pp |
| 2018 | -6.9% | CA$-426.40K | CA$6.21 Million | CA$55.42K | CA$481.82K | ▼ -21.8 pp |
| 2017 | 15.0% | CA$1.14 Million | CA$7.64 Million | CA$1.35 Million | CA$209.23K | ▼ -33.6 pp |
| 2016 | 48.6% | CA$3.99 Million | CA$8.21 Million | CA$4.32 Million | CA$325.65K | ▲ +69.5 pp |
| 2015 | -20.9% | CA$-746.53K | CA$3.58 Million | CA$116.73K | CA$863.26K | ▼ -20.0 pp |
| 2014 | -0.9% | CA$-118.30K | CA$13.08 Million | CA$275.23K | CA$393.52K | ▼ -3.2 pp |
| 2013 | 2.3% | CA$300.60K | CA$12.97 Million | CA$695.67K | CA$395.07K | — |