Western Investment Company of Canada Limited (WI) — Working Capital to Net Assets Ratio
Western Investment Company of Canada Limited (WI) has a Working Capital to Net Assets ratio of 54.9% as of March 2025. Working capital of CA$35.57 Million (current assets of CA$75.17 Million minus current liabilities of CA$39.60 Million) is measured against net assets of CA$64.73 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See WI defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Western Investment Company of Canada Limited Working Capital to Net Assets (2015–2024)
This chart shows how Western Investment Company of Canada Limited's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2015 to 2024. As of March 2025, the ratio stands at 54.9%, reflecting working capital of CA$35.57 Million against net assets of CA$64.73 Million CAD. For the complete balance sheet picture, see balance sheet size of Western Investment Company of Canada Lim.
Annual Working Capital to Net Assets for Western Investment Company of Canada Limited (2015–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Western Investment Company of Canada Limited from 2015 to 2024, covering 10 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 Western Investment Company of Canada Lim liquid asset ratio 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 | 57.6% | CA$35.01 Million | CA$60.74 Million | CA$71.63 Million | CA$36.62 Million | ▲ +49.5 pp |
| 2023 | 8.1% | CA$1.04 Million | CA$12.78 Million | CA$1.40 Million | CA$358.44K | ▲ +6.0 pp |
| 2022 | 2.1% | CA$261.77K | CA$12.38 Million | CA$416.29K | CA$154.51K | ▲ +10.2 pp |
| 2021 | -8.1% | CA$-1.11 Million | CA$13.72 Million | CA$51.34K | CA$1.16 Million | ▼ -4.6 pp |
| 2020 | -3.5% | CA$-504.85K | CA$14.61 Million | CA$417.94K | CA$922.78K | ▼ -0.3 pp |
| 2019 | -3.2% | CA$-576.12K | CA$18.22 Million | CA$775.74K | CA$1.35 Million | ▲ +6.2 pp |
| 2018 | -9.4% | CA$-1.52 Million | CA$16.17 Million | CA$159.13K | CA$1.68 Million | ▼ -77.2 pp |
| 2017 | 67.9% | CA$9.99 Million | CA$14.72 Million | CA$10.78 Million | CA$787.27K | ▲ +67.8 pp |
| 2016 | 0.1% | CA$3.64K | CA$3.79 Million | CA$326.01K | CA$322.37K | ▼ -99.9 pp |
| 2015 | 100.0% | CA$433.06K | CA$433.06K | CA$476.88K | CA$43.81K | — |