Golden Prospect Precious Metals Ltd (GPM) — Working Capital to Net Assets Ratio

Latest as of December 2023: 0.3%

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 net asset quality index to measure how much of total assets are equity-financed.

WC/NA Ratio

0.3%
Working Capital / Net Assets

Working Capital

GBX77.30K
GBX

Current Assets

GBX262.25K
GBX

Current Liabilities

GBX184.95K
GBX

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. Check tangible equity quality of Golden Prospect Precious Metals Ltd to evaluate the tangible quality of the company's equity base.

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
pp = percentage points