ZincX Resources Corp (ZNX) — Working Capital to Net Assets Ratio
ZincX Resources Corp (ZNX) has a Working Capital to Net Assets ratio of -3.6% as of December 2025. Working capital of CA$-830.83K (current assets of CA$579.14K minus current liabilities of CA$1.41 Million) is measured against net assets of CA$23.35 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is ZincX Resources Corp's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
ZincX Resources Corp Working Capital to Net Assets (2017–2024)
This chart shows how ZincX Resources Corp's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of December 2025, the ratio stands at -3.6%, reflecting working capital of CA$-830.83K against net assets of CA$23.35 Million CAD. Check ZincX Resources Corp tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for ZincX Resources Corp (2017–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for ZincX Resources Corp from 2017 to 2024, covering 8 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see ZNX stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -3.2% | CA$-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 | — |