NEWLOX GOLD VENTURES (NGO) — Working Capital to Net Assets Ratio
NEWLOX GOLD VENTURES (NGO) has a Working Capital to Net Assets ratio of -204.8% as of December 2025. Working capital of €-4.30 Million (current assets of €1.98 Million minus current liabilities of €6.28 Million) is measured against net assets of €2.10 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See defensive interval ratio of NEWLOX GOLD VENTURES to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
NEWLOX GOLD VENTURES Working Capital to Net Assets (2022–2025)
This chart shows how NEWLOX GOLD VENTURES's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2022 to 2025. As of December 2025, the ratio stands at -204.8%, reflecting working capital of €-4.30 Million against net assets of €2.10 Million EUR. For the complete balance sheet picture, see balance sheet size of NEWLOX GOLD VENTURES.
Annual Working Capital to Net Assets for NEWLOX GOLD VENTURES (2022–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for NEWLOX GOLD VENTURES from 2022 to 2025, covering 4 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. Explore NEWLOX GOLD VENTURES long-term investment intensity to see how much of total assets are deployed in long-term investments.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 583.4% | €-9.27 Million | €-1.59 Million | €148.19K | €9.42 Million | ▲ +803.9 pp |
| 2024 | -220.5% | €-4.07 Million | €1.85 Million | €390.80K | €4.46 Million | ▼ -109.1 pp |
| 2023 | -111.4% | €-3.44 Million | €3.09 Million | €904.54K | €4.35 Million | ▼ -102.5 pp |
| 2022 | -8.8% | €-226.01K | €2.55 Million | €3.71 Million | €3.94 Million | — |