RED LAKE GOLD INC. (P11A) — Working Capital to Net Assets Ratio
RED LAKE GOLD INC. (P11A) has a Working Capital to Net Assets ratio of -145.1% as of February 2026. Working capital of €-18.50K (current assets of €19.80K minus current liabilities of €38.30K) is measured against net assets of €12.75K. A higher ratio indicates strong short-term liquidity financed by the equity base. For the complete balance sheet picture, see RED LAKE GOLD INC. asset portfolio.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
RED LAKE GOLD INC. Working Capital to Net Assets (2021–2025)
This chart shows how RED LAKE GOLD INC.'s Working Capital to Net Assets ratio has evolved across 5 annual periods from 2021 to 2025. As of February 2026, the ratio stands at -145.1%, reflecting working capital of €-18.50K against net assets of €12.75K EUR. Explore cash flow to debt ratio of RED LAKE GOLD INC. to assess how comfortably operating cash covers total debt obligations.
Annual Working Capital to Net Assets for RED LAKE GOLD INC. (2021–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for RED LAKE GOLD INC. from 2021 to 2025, covering 5 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. Read RED LAKE GOLD INC. (P11A) financial obligations for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 17.5% | €6.63K | €37.88K | €32.12K | €25.48K | ▲ +5.9 pp |
| 2024 | 11.6% | €291.59K | €2.50 Million | €314.37K | €22.78K | ▲ +9.2 pp |
| 2023 | 2.5% | €50.14K | €2.02 Million | €63.22K | €13.08K | ▼ -13.3 pp |
| 2022 | 15.8% | €341.92K | €2.17 Million | €355.05K | €13.13K | ▼ -0.4 pp |
| 2021 | 16.1% | €337.87K | €2.09 Million | €355.75K | €17.88K | — |