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Wolverine Resources Corp   (WOLV)
Other Ticker:  
 
    Sector  Basic Materials    Industry Metal Mining
   Industry Metal Mining
   Sector  Basic Materials

Wolverine Resources 's Working Capital Ratio

WOLV's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


In the wake of the increase in Current Liabilities in the third quarter 2024, Working Capital Ratio fell to 0.11 above Wolverine Resources Corp average.

Within Metal Mining industry only one company has achieved higher Working Capital Ratio in third quarter 2024. While Working Capital Ratio total ranking has improved so far during the III Quarter 2024 to 73, from total ranking in the first quarter 2023 at 4891.

Explain Working Capital Ratio
How much in Current Assets WOLV´s has?
What is the value of WOLV´s Current Liabilities?


WOLV Working Capital Ratio (Feb 29 2024)
III. Quarter
(Aug 31 2023)
I. Quarter
(May 31 2023)
IV. Quarter
(Feb 28 2023)
III. Quarter
(Nov 30 2022)
II. Quarter
Y / Y Current Liabilities Change -32.67 % -32.43 % 16.13 % -84.87 % -69.93 %
Y / Y Current Assets Change 32.12 % 122.01 % -73.25 % -88.81 % -30.79 %
Working Capital Ratio MRQ 0.11 0.15 0.03 0.08 0.06
WOLV's Total Ranking # 73 # 4891 # 4874 # 127 #
Seq. Current Liabilities Change 2.63 % -25.9 % 2.54 % -13.66 % 2.99 %
Seq. Current Assets Change -20.38 % 309.04 % -66.49 % 21.07 % 33.79 %



Working Capital Ratio third quarter 2024 Company Ranking
Within: No.
Metal Mining Industry # 2
Basic Materials Sector # 6
Overall Market # 73


Working Capital Ratio Statistics
High Average Low
0.96 0.08 0.01
(May 31 2015)   (Aug 31 2017)




Financial Statements
Wolverine Resources 's Current Liabilities $ 0 Millions Visit WOLV's Balance sheet
Wolverine Resources 's Current Assets $ 0 Millions Visit WOLV's Balance sheet
Source of WOLV's Sales Visit WOLV's Sales by Geography


Cumulative Wolverine Resources 's Working Capital Ratio

WOLV's Working Capital Ratio for the trailling 12 Months

WOLV Working Capital Ratio

(Feb 29 2024)
III. Quarter
(Aug 31 2023)
I. Quarter
(May 31 2023)
IV. Quarter
(Feb 28 2023)
III. Quarter
(Nov 30 2022)
II. Quarter
Y / Y Current Liabilities TTM Growth -32.67 % -32.43 % 16.13 % -84.87 % -69.93 %
Y / Y Current Assets TTM Growth 32.12 % 122.01 % -73.25 % -88.81 % -30.79 %
Working Capital Ratio TTM 0.09 0.07 0.05 0.07 0.1
Total Ranking TTM # 2742 # 3944 # 3979 # 119 #
Seq. Current Liabilities TTM Growth 2.63 % -25.9 % 2.54 % -13.66 % 2.99 %
Seq. Current Assets TTM Growth -20.38 % 309.04 % -66.49 % 21.07 % 33.79 %


On the trailing twelve months basis WOLV Current Assets grew by 32.12 % in III Quarter 2024 year on year, while Current Liabilities rose to $0 millions, this led to increase in in Wolverine Resources 's Working Capital Ratio to 0.09, above WOLV average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Metal Mining industry just one company has achieved higher Working Capital Ratio during the twelve months ending in the Feb 29 2024. While Working Capital Ratio overall ranking has improved so far to 2742, from total ranking during the twelve months ending first quarter 2023 at 3944.

Explain Working Capital Ratio
How much in Current Assets WOLV´s has?
What is the value of WOLV´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Metal Mining Industry # 2
Basic Materials Sector # 6
Within the Market # 2742


trailing twelve months Working Capital Ratio Statistics
High Average Low
0.96 0.08 0.01
(May 31 2015)   (Aug 31 2017)




Companies with similar Working Capital Ratio in the quarter ending Feb 29 2024, within Metal Mining Industry Working Capital RatioFeb 29 2024 MRQ Current AssetsFeb 29 2024 MRQ Current Liabilities
Zhanling International Limited  0.27 $ 0.001  Millions$ 0.003  Millions
Northern Minerals and Exploration Ltd   0.22 $ 0.042  Millions$ 0.190  Millions
Tmc The Metals Company Inc   0.16 $ 5.944  Millions$ 36.470  Millions
Wolverine Resources Corp   0.11 $ 0.008  Millions$ 0.072  Millions
Lode star Mining Inc   0.10 $ 0.002  Millions$ 0.019  Millions
Niocorp Developments Ltd   0.05 $ 0.490  Millions$ 9.133  Millions

Date modified: 2024-04-17T09:10:44+00:00



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