Waverley Pharma Inc (WAVE) — Working Capital to Net Assets Ratio
Waverley Pharma Inc (WAVE) has a Working Capital to Net Assets ratio of 122.6% as of March 2026. Working capital of CA$-3.34 Million (current assets of CA$404.98K minus current liabilities of CA$3.75 Million) is measured against net assets of CA$-2.73 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. For the complete balance sheet picture, see how large is Waverley Pharma Inc's balance sheet.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Waverley Pharma Inc Working Capital to Net Assets (2015–2025)
This chart shows how Waverley Pharma Inc's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2015 to 2025. As of March 2026, the ratio stands at 122.6%, reflecting working capital of CA$-3.34 Million against net assets of CA$-2.73 Million CAD. Check Waverley Pharma Inc (WAVE) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Annual Working Capital to Net Assets for Waverley Pharma Inc (2015–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Waverley Pharma Inc from 2015 to 2025, covering 11 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 WAVE liabilities breakdown 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 | 125.1% | CA$-3.22 Million | CA$-2.57 Million | CA$420.82K | CA$3.64 Million | ▼ -28.9 pp |
| 2024 | 154.0% | CA$-3.13 Million | CA$-2.03 Million | CA$729.72K | CA$3.86 Million | ▲ +6.9 pp |
| 2023 | 147.1% | CA$-1.67 Million | CA$-1.14 Million | CA$416.73K | CA$2.09 Million | ▲ +235.4 pp |
| 2022 | -88.3% | CA$-963.75K | CA$1.09 Million | CA$632.52K | CA$1.60 Million | ▼ -63.2 pp |
| 2021 | -25.1% | CA$-448.92K | CA$1.79 Million | CA$1.45 Million | CA$1.89 Million | ▼ -38.4 pp |
| 2020 | 13.4% | CA$272.77K | CA$2.04 Million | CA$1.68 Million | CA$1.41 Million | ▼ -21.5 pp |
| 2019 | 34.8% | CA$990.82K | CA$2.85 Million | CA$2.54 Million | CA$1.55 Million | ▼ -17.1 pp |
| 2018 | 51.9% | CA$2.06 Million | CA$3.97 Million | CA$3.33 Million | CA$1.26 Million | ▼ -32.0 pp |
| 2017 | 83.9% | CA$4.24 Million | CA$5.06 Million | CA$4.90 Million | CA$660.26K | ▼ -16.1 pp |
| 2016 | 100.0% | CA$-11.62K | CA$-11.62K | CA$100.00 | CA$11.72K | ▲ +0.0 pp |
| 2015 | 100.0% | CA$-10.55K | CA$-10.55K | CA$100.00 | CA$10.65K | — |