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$23.24 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See ZNX financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
ZincX Resources Corp Working Capital to Net Assets (2017–2024)
This chart shows how ZincX Resources Corp's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of March 2026, the ratio stands at -4.0%, reflecting working capital of CA$-928.71K against net assets of CA$23.24 Million CAD. See defensive interval ratio of ZincX Resources Corp to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for ZincX Resources Corp (2017–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for ZincX Resources Corp from 2017 to 2024, covering 8 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see how much is ZincX Resources Corp worth.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -3.2% | CA$-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 | — |