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 Vantex Resources Ltd (VAX) liquidity interval to measure how many days the company can operate on defensive assets alone.
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. For the complete balance sheet picture, see total assets of Vantex Resources Ltd.
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. Check VAX financial resilience to evaluate the company's liquid asset resilience ratio.
| 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 | — |