Golden State Mining Ltd Working Capital to Net Assets Ratio
Golden State Mining Ltd working capital to net assets ratio. Golden State Mining Ltd (GSM) has a Working Capital to Net Assets ratio of 99.5% as of June 2026. Working capital of AU$995.69K (current assets of AU$1.12 Million minus current liabilities of AU$119.72K) is measured against net assets of AU$1.00 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check GSM goodwill-adjusted equity 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 Golden State Mining Ltd (2018–2026)
Working capital to net assets ratio of Golden State Mining Ltd from 2018 to 2026. This chart shows how Golden State Mining Ltd's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2018 to 2026. As of June 2026, the ratio stands at 99.5%, reflecting working capital of AU$995.69K against net assets of AU$1.00 Million AUD. See defensive interval ratio of Golden State Mining Ltd to measure how many days the company can operate on defensive assets alone.
Golden State Mining Ltd Working Capital to Net Assets Ratio by Year (2018–2026)
Golden State Mining Ltd working capital to net assets ratio by year from 2018 to 2026. The table below presents the year-by-year Working Capital to Net Assets ratio for Golden State Mining Ltd from 2018 to 2026, covering 9 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 Golden State Mining Ltd total assets.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 99.5% | AU$995.69K | AU$1.00 Million | AU$1.12 Million | AU$119.72K | ▼ -10.5 pp |
| 2025 | 110.0% | AU$342.15K | AU$311.06K | AU$723.47K | AU$381.32K | ▲ +11.1 pp |
| 2024 | 98.9% | AU$1.49 Million | AU$1.51 Million | AU$1.92 Million | AU$428.36K | ▲ +3.8 pp |
| 2023 | 95.1% | AU$1.58 Million | AU$1.66 Million | AU$2.12 Million | AU$545.66K | ▼ -2.2 pp |
| 2022 | 97.3% | AU$3.44 Million | AU$3.54 Million | AU$3.85 Million | AU$408.19K | ▼ -5.2 pp |
| 2021 | 102.5% | AU$4.11 Million | AU$4.01 Million | AU$4.42 Million | AU$303.77K | ▼ -0.2 pp |
| 2020 | 102.7% | AU$2.17 Million | AU$2.11 Million | AU$2.47 Million | AU$298.32K | ▲ +2.4 pp |
| 2019 | 100.3% | AU$2.39 Million | AU$2.39 Million | AU$2.70 Million | AU$300.83K | ▲ +16.7 pp |
| 2018 | 83.6% | AU$167.77K | AU$200.73K | AU$284.87K | AU$117.10K | — |