ZincX Resources Corp (ZNX) — Working Capital to Net Assets Ratio
ZincX Resources Corp (ZNX) has a Working Capital to Net Assets ratio of -4.0% as of March 2026. Working capital of CA$-928.71K (current assets of CA$483.60K minus current liabilities of CA$1.41 Million) is measured against net assets of CA$23.24 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See defensive interval ratio of ZincX Resources Corp to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
ZincX Resources Corp Working Capital to Net Assets (2017–2024)
This chart shows how ZincX Resources Corp's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of March 2026, the ratio stands at -4.0%, reflecting working capital of CA$-928.71K against net assets of CA$23.24 Million CAD. For the complete balance sheet picture, see ZNX total asset value.
Annual Working Capital to Net Assets for ZincX Resources Corp (2017–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for ZincX Resources Corp from 2017 to 2024, covering 8 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check ZNX asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -3.2% | CA$-757.20K | CA$24.02 Million | CA$717.90K | CA$1.48 Million | ▼ -2.5 pp |
| 2023 | -0.6% | CA$-158.25K | CA$24.60 Million | CA$1.30 Million | CA$1.45 Million | ▲ +0.1 pp |
| 2022 | -0.8% | CA$-589.14K | CA$75.54 Million | CA$875.54K | CA$1.46 Million | ▼ -2.2 pp |
| 2021 | 1.4% | CA$1.07 Million | CA$76.38 Million | CA$3.15 Million | CA$2.08 Million | ▼ -0.2 pp |
| 2020 | 1.6% | CA$1.18 Million | CA$75.66 Million | CA$2.71 Million | CA$1.53 Million | ▼ -2.0 pp |
| 2019 | 3.6% | CA$2.74 Million | CA$76.51 Million | CA$3.46 Million | CA$725.28K | ▼ -2.7 pp |
| 2018 | 6.2% | CA$4.79 Million | CA$76.84 Million | CA$5.44 Million | CA$650.37K | ▼ -4.0 pp |
| 2017 | 10.2% | CA$7.95 Million | CA$77.76 Million | CA$8.89 Million | CA$941.26K | — |