Whitemud Resources Inc (WMK) — Working Capital to Net Assets Ratio
Whitemud Resources Inc (WMK) has a Working Capital to Net Assets ratio of 189.6% as of September 2025. Working capital of CA$-12.75 Million (current assets of CA$1.41 Million minus current liabilities of CA$14.16 Million) is measured against net assets of CA$-6.72 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can Whitemud Resources Inc fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Whitemud Resources Inc Working Capital to Net Assets (2016–2024)
This chart shows how Whitemud Resources Inc's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 189.6%, reflecting working capital of CA$-12.75 Million against net assets of CA$-6.72 Million CAD. For the complete balance sheet picture, see Whitemud Resources Inc total assets.
Annual Working Capital to Net Assets for Whitemud Resources Inc (2016–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Whitemud Resources Inc from 2016 to 2024, covering 9 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 WMK total debt and obligations 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 | 20.8% | CA$-703.61K | CA$-3.38 Million | CA$1.06 Million | CA$1.76 Million | ▼ -25.8 pp |
| 2023 | 46.6% | CA$-984.91K | CA$-2.11 Million | CA$619.94K | CA$1.60 Million | ▲ +233.7 pp |
| 2022 | -187.1% | CA$1.23 Million | CA$-658.16K | CA$2.74 Million | CA$1.51 Million | ▲ +65.2 pp |
| 2021 | -252.3% | CA$1.57 Million | CA$-621.81K | CA$2.89 Million | CA$1.32 Million | ▼ -394.0 pp |
| 2020 | 141.7% | CA$2.14 Million | CA$1.51 Million | CA$6.93 Million | CA$4.78 Million | ▲ +42.8 pp |
| 2019 | 98.9% | CA$-16.60 Million | CA$-16.79 Million | CA$8.51 Million | CA$25.11 Million | ▼ -3.7 pp |
| 2018 | 102.6% | CA$-19.36 Million | CA$-18.87 Million | CA$8.92 Million | CA$28.27 Million | ▼ -10.9 pp |
| 2017 | 113.5% | CA$-36.75 Million | CA$-32.36 Million | CA$13.19 Million | CA$49.93 Million | ▼ -4.0 pp |
| 2016 | 117.5% | CA$-37.56 Million | CA$-31.95 Million | CA$4.73 Million | CA$42.28 Million | — |