Golden Prospect Precious Metals Ltd (GPM) — Working Capital to Net Assets Ratio
Golden Prospect Precious Metals Ltd (GPM) has a Working Capital to Net Assets ratio of 0.3% as of December 2023. Working capital of GBX77.30K (current assets of GBX262.25K minus current liabilities of GBX184.95K) is measured against net assets of GBX30.62 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See GPM financial flexibility score to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Golden Prospect Precious Metals Ltd Working Capital to Net Assets (2016–2023)
This chart shows how Golden Prospect Precious Metals Ltd's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2016 to 2023. As of December 2023, the ratio stands at 0.3%, reflecting working capital of GBX77.30K against net assets of GBX30.62 Million GBX. See how many days can Golden Prospect Precious Metals Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Golden Prospect Precious Metals Ltd (2016–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Golden Prospect Precious Metals Ltd from 2016 to 2023, covering 8 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 live market cap and the full company profile, see GPM market cap.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 0.3% | GBX77.30K | GBX30.62 Million | GBX262.25K | GBX184.95K | ▲ +10.0 pp |
| 2022 | -9.7% | GBX-3.11 Million | GBX32.01 Million | GBX232.58K | GBX3.35 Million | ▲ +2.0 pp |
| 2021 | -11.7% | GBX-5.27 Million | GBX44.84 Million | GBX18.22K | GBX5.29 Million | ▼ -8.3 pp |
| 2020 | -3.5% | GBX-1.95 Million | GBX56.01 Million | GBX7.92K | GBX1.96 Million | ▼ -4.6 pp |
| 2019 | 1.1% | GBX252.19K | GBX23.11 Million | GBX295.55K | GBX43.35K | ▼ -34.3 pp |
| 2018 | 35.4% | GBX4.96 Million | GBX14.02 Million | GBX4.97 Million | GBX14.97K | ▲ +28.2 pp |
| 2017 | 7.1% | GBX1.60 Million | GBX22.50 Million | GBX1.61 Million | GBX10.08K | ▲ +6.9 pp |
| 2016 | 0.2% | GBX60.10K | GBX25.22 Million | GBX71.22K | GBX11.12K | — |