XXL Energy Corp Working Capital to Net Assets Ratio
XXL Energy Corp working capital to net assets ratio. XXL Energy Corp (XL) has a Working Capital to Net Assets ratio of 110.4% as of September 2025. Working capital of CA$-52.45 Million (current assets of CA$719.96K minus current liabilities of CA$53.17 Million) is measured against net assets of CA$-47.49 Million. 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 XXL Energy Corp (2013–2024)
Working capital to net assets ratio of XXL Energy Corp from 2013 to 2024. This chart shows how XXL Energy Corp'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 110.4%, reflecting working capital of CA$-52.45 Million against net assets of CA$-47.49 Million CAD. Explore XXL Energy Corp long-term investment intensity to see how much of total assets are deployed in long-term investments.
XXL Energy Corp Working Capital to Net Assets Ratio by Year (2013–2024)
XXL Energy Corp working capital to net assets ratio by year from 2013 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for XXL Energy Corp 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. For the complete balance sheet picture, see how large is XXL Energy Corp's balance sheet.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 112.2% | CA$-47.60 Million | CA$-42.42 Million | CA$1.83 Million | CA$49.44 Million | ▲ +4.3 pp |
| 2023 | 107.9% | CA$-40.28 Million | CA$-37.34 Million | CA$1.73 Million | CA$42.01 Million | ▼ -0.6 pp |
| 2022 | 108.4% | CA$-36.14 Million | CA$-33.33 Million | CA$2.79 Million | CA$38.93 Million | ▲ +8.2 pp |
| 2021 | 100.3% | CA$-33.61 Million | CA$-33.52 Million | CA$1.03 Million | CA$34.64 Million | ▼ -2.7 pp |
| 2020 | 103.0% | CA$-31.49 Million | CA$-30.57 Million | CA$676.69K | CA$32.16 Million | ▼ -28.5 pp |
| 2019 | 131.5% | CA$-27.92 Million | CA$-21.23 Million | CA$1.22 Million | CA$29.14 Million | ▼ -27.3 pp |
| 2018 | 158.9% | CA$-27.17 Million | CA$-17.10 Million | CA$1.46 Million | CA$28.63 Million | ▲ +60.4 pp |
| 2017 | 98.4% | CA$-15.39 Million | CA$-15.64 Million | CA$108.82K | CA$15.50 Million | ▼ -0.5 pp |
| 2016 | 99.0% | CA$-13.43 Million | CA$-13.57 Million | CA$80.20K | CA$13.51 Million | ▼ -1.6 pp |
| 2015 | 100.5% | CA$-11.99 Million | CA$-11.93 Million | CA$77.08K | CA$12.07 Million | ▼ -6.4 pp |
| 2014 | 106.9% | CA$-11.33 Million | CA$-10.59 Million | CA$170.29K | CA$11.50 Million | ▼ -5.5 pp |
| 2013 | 112.4% | CA$-10.63 Million | CA$-9.46 Million | CA$125.49K | CA$10.76 Million | — |