Sierra Nevada Gold Inc Working Capital to Net Assets Ratio
Sierra Nevada Gold Inc working capital to net assets ratio. Sierra Nevada Gold Inc (SNX) has a Working Capital to Net Assets ratio of 1.0% as of June 2025. Working capital of AU$244.18K (current assets of AU$1.12 Million minus current liabilities of AU$877.68K) is measured against net assets of AU$25.41 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible equity quality of Sierra Nevada Gold Inc 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 Sierra Nevada Gold Inc (2018–2024)
Working capital to net assets ratio of Sierra Nevada Gold Inc from 2018 to 2024. This chart shows how Sierra Nevada Gold Inc's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2018 to 2024. As of June 2025, the ratio stands at 1.0%, reflecting working capital of AU$244.18K against net assets of AU$25.41 Million AUD. See Sierra Nevada Gold Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Sierra Nevada Gold Inc Working Capital to Net Assets Ratio by Year (2018–2024)
Sierra Nevada Gold Inc working capital to net assets ratio by year from 2018 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Sierra Nevada Gold Inc from 2018 to 2024, covering 7 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 total assets of Sierra Nevada Gold Inc.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 5.6% | AU$965.00K | AU$17.17 Million | AU$1.58 Million | AU$619.85K | ▲ +3.0 pp |
| 2023 | 2.6% | AU$584.65K | AU$22.34 Million | AU$1.40 Million | AU$811.07K | ▼ -11.2 pp |
| 2022 | 13.8% | AU$3.15 Million | AU$22.85 Million | AU$4.48 Million | AU$1.32 Million | ▲ +67.2 pp |
| 2021 | -53.4% | AU$-4.51 Million | AU$8.46 Million | AU$1.52 Million | AU$6.03 Million | ▼ -34.7 pp |
| 2020 | -18.7% | AU$-1.71 Million | AU$9.13 Million | AU$926.73K | AU$2.64 Million | ▲ +0.8 pp |
| 2019 | -19.5% | AU$-1.83 Million | AU$9.34 Million | AU$431.95K | AU$2.26 Million | ▼ -31.2 pp |
| 2018 | 11.6% | AU$1.14 Million | AU$9.81 Million | AU$1.49 Million | AU$346.66K | — |