Velocity Minerals Ltd (VLC) — Working Capital to Net Assets Ratio
Velocity Minerals Ltd (VLC) has a Working Capital to Net Assets ratio of -0.9% as of September 2025. Working capital of CA$-230.14K (current assets of CA$3.40 Million minus current liabilities of CA$3.63 Million) is measured against net assets of CA$26.12 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See defensive interval ratio of Velocity Minerals Ltd to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Velocity Minerals Ltd Working Capital to Net Assets (2013–2024)
This chart shows how Velocity Minerals Ltd's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2013 to 2024. As of September 2025, the ratio stands at -0.9%, reflecting working capital of CA$-230.14K against net assets of CA$26.12 Million CAD. For the complete balance sheet picture, see VLC current and non-current assets.
Annual Working Capital to Net Assets for Velocity Minerals Ltd (2013–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Velocity Minerals 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. Read Velocity Minerals Ltd balance sheet liabilities for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 1.9% | CA$524.43K | CA$27.47 Million | CA$1.41 Million | CA$882.12K | ▼ -7.3 pp |
| 2023 | 9.2% | CA$2.66 Million | CA$28.89 Million | CA$3.56 Million | CA$905.92K | ▲ +5.4 pp |
| 2022 | 3.8% | CA$974.37K | CA$25.89 Million | CA$1.44 Million | CA$461.83K | ▼ -12.7 pp |
| 2021 | 16.4% | CA$4.60 Million | CA$28.01 Million | CA$5.03 Million | CA$429.63K | ▼ -25.6 pp |
| 2020 | 42.1% | CA$10.03 Million | CA$23.83 Million | CA$10.96 Million | CA$930.60K | ▲ +14.8 pp |
| 2019 | 27.3% | CA$2.50 Million | CA$9.16 Million | CA$3.34 Million | CA$839.28K | ▲ +18.7 pp |
| 2018 | 8.5% | CA$272.34K | CA$3.19 Million | CA$580.82K | CA$308.48K | ▼ -19.1 pp |
| 2017 | 27.6% | CA$843.59K | CA$3.05 Million | CA$982.33K | CA$138.74K | ▲ +87.9 pp |
| 2016 | -60.3% | CA$-924.27K | CA$1.53 Million | CA$29.17K | CA$953.45K | ▼ -160.3 pp |
| 2015 | 100.0% | CA$-799.58K | CA$-799.58K | CA$3.24K | CA$802.83K | ▼ -3.0 pp |
| 2014 | 103.0% | CA$-870.91K | CA$-845.91K | CA$7.16K | CA$878.08K | ▼ -148.5 pp |
| 2013 | 251.4% | CA$-772.91K | CA$-307.39K | CA$15.52K | CA$788.43K | — |