Vantex Resources Ltd (VAX) — Working Capital to Net Assets Ratio
Vantex Resources Ltd (VAX) has a Working Capital to Net Assets ratio of 67.5% as of April 2025. Working capital of CA$165.53K (current assets of CA$365.52K minus current liabilities of CA$199.99K) is measured against net assets of CA$245.12K. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial agility of Vantex Resources Ltd to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Vantex Resources Ltd Working Capital to Net Assets (2013–2024)
This chart shows how Vantex Resources Ltd's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2013 to 2024. As of April 2025, the ratio stands at 67.5%, reflecting working capital of CA$165.53K against net assets of CA$245.12K CAD. See VAX cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Vantex Resources Ltd (2013–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Vantex Resources Ltd from 2013 to 2024, 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 live market cap and the full company profile, see market cap of Vantex Resources Ltd.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 58.6% | CA$210.37K | CA$358.75K | CA$330.28K | CA$119.92K | ▼ -26.7 pp |
| 2023 | 85.3% | CA$754.09K | CA$883.87K | CA$1.22 Million | CA$470.89K | ▲ +5.3 pp |
| 2022 | 80.0% | CA$1.00 Million | CA$1.25 Million | CA$1.34 Million | CA$337.92K | ▼ -6.5 pp |
| 2021 | 86.6% | CA$1.21 Million | CA$1.40 Million | CA$1.61 Million | CA$399.08K | ▲ +108.2 pp |
| 2020 | -21.6% | CA$-318.55K | CA$1.47 Million | CA$38.44K | CA$356.99K | ▼ -13.5 pp |
| 2019 | -8.1% | CA$-351.14K | CA$4.32 Million | CA$16.88K | CA$368.02K | ▼ -5.4 pp |
| 2018 | -2.7% | CA$-121.08K | CA$4.51 Million | CA$166.46K | CA$287.54K | ▼ -1.8 pp |
| 2017 | -0.9% | CA$-48.42K | CA$5.23 Million | CA$169.84K | CA$218.27K | ▲ +0.6 pp |
| 2016 | -1.6% | CA$-78.91K | CA$5.06 Million | CA$100.83K | CA$179.74K | ▼ -2.5 pp |
| 2015 | 0.9% | CA$76.38K | CA$8.24 Million | CA$121.89K | CA$45.51K | ▼ -0.7 pp |
| 2014 | 1.6% | CA$130.09K | CA$7.98 Million | CA$163.15K | CA$33.06K | ▼ -2.4 pp |
| 2013 | 4.0% | CA$331.08K | CA$8.26 Million | CA$428.23K | CA$97.14K | — |