Waseco Resources Inc. Working Capital to Net Assets Ratio
Waseco Resources Inc. working capital to net assets ratio. Waseco Resources Inc. (WRI) has a Working Capital to Net Assets ratio of 93.3% as of November 2024. Working capital of CA$-666.98K (current assets of CA$6.66K minus current liabilities of CA$673.65K) is measured against net assets of CA$-714.57K. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Waseco Resources Inc. (2014–2024)
Working capital to net assets ratio of Waseco Resources Inc. from 2014 to 2024. This chart shows how Waseco Resources Inc.'s Working Capital to Net Assets ratio has evolved across 11 annual periods from 2014 to 2024. As of November 2024, the ratio stands at 93.3%, reflecting working capital of CA$-666.98K against net assets of CA$-714.57K CAD. See Waseco Resources Inc. defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Waseco Resources Inc. Working Capital to Net Assets Ratio by Year (2014–2024)
Waseco Resources Inc. working capital to net assets ratio by year from 2014 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Waseco Resources Inc. from 2014 to 2024, 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. For the complete balance sheet picture, see Waseco Resources Inc. (WRI) total assets.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 90.1% | CA$-626.63K | CA$-695.36K | CA$7.41K | CA$634.04K | ▼ -1.9 pp |
| 2023 | 92.0% | CA$-593.07K | CA$-644.52K | CA$2.66K | CA$595.73K | ▲ +30.0 pp |
| 2022 | 62.0% | CA$-537.71K | CA$-867.59K | CA$28.42K | CA$566.13K | ▲ +2.2 pp |
| 2021 | 59.8% | CA$-503.47K | CA$-841.73K | CA$73.16K | CA$576.63K | ▼ -0.8 pp |
| 2020 | 60.6% | CA$-550.90K | CA$-908.54K | CA$8.80K | CA$559.70K | ▼ -39.4 pp |
| 2019 | 100.0% | CA$-875.83K | CA$-875.83K | CA$20.53K | CA$896.36K | ▲ +0.0 pp |
| 2018 | 100.0% | CA$-637.57K | CA$-637.57K | CA$11.67K | CA$649.23K | ▲ +0.0 pp |
| 2017 | 100.0% | CA$-486.63K | CA$-486.63K | CA$80.86K | CA$567.49K | ▲ +0.0 pp |
| 2016 | 100.0% | CA$-457.35K | CA$-457.35K | CA$6.82K | CA$464.17K | ▲ +0.0 pp |
| 2015 | 100.0% | CA$-416.20K | CA$-416.20K | CA$40.03K | CA$456.23K | ▲ +0.5 pp |
| 2014 | 99.5% | CA$-189.62K | CA$-190.52K | CA$243.57K | CA$433.19K | — |