RE:Working capital ratiorad10 wrote: 1.76 to 1.33
54 million additional net debt.
Cash available diminished by 24 million.
I hope they know what they are doing.
No surprise the market puked on the equity.
Long debentures.
Check out page 33 of the financial report. Section C, liquidity risk: "As at June 30, 2022, the Company had an unrestricted cash balance of $59,899 and current amounts receivable of $249,660. Based on the Company's cash balances and available credit facilities, expected collection of trade and other receivables and forecast operating results, management believes it will be able to fulfill its financial obligations as they become due". The amount that is due in next year is $320mil. We are about to finish the first quarter of FS 2023 and we already have enough liquidity to full fill the requirement.