ZincX Resources Corp Working Capital to Net Assets Ratio
ZincX Resources Corp 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$23.24 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check ZNX tangible net worth ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of ZincX Resources Corp (2017–2024)
Working capital to net assets ratio of ZincX Resources Corp from 2017 to 2024. This chart shows how ZincX Resources Corp's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of March 2026, the ratio stands at -4.0%, reflecting working capital of CA$-928.71K against net assets of CA$23.24 Million CAD. See ZincX Resources Corp liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
ZincX Resources Corp Working Capital to Net Assets Ratio by Year (2017–2024)
ZincX Resources Corp working capital to net assets ratio by year from 2017 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for ZincX Resources Corp from 2017 to 2024, covering 8 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see balance sheet size of ZincX Resources Corp.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -3.2% | CA$-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 | — |