Lexington Gold Ltd (LEX) — Working Capital to Net Assets Ratio
Lexington Gold Ltd (LEX) has a Working Capital to Net Assets ratio of -1.3% as of December 2025. Working capital of GBX-205.07K (current assets of GBX426.15K minus current liabilities of GBX631.23K) is measured against net assets of GBX16.20 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Lexington Gold Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Lexington Gold Ltd Working Capital to Net Assets (2013–2025)
This chart shows how Lexington Gold Ltd's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of December 2025, the ratio stands at -1.3%, reflecting working capital of GBX-205.07K against net assets of GBX16.20 Million GBX. For the complete balance sheet picture, see Lexington Gold Ltd asset portfolio.
Annual Working Capital to Net Assets for Lexington Gold Ltd (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Lexington Gold Ltd from 2013 to 2025, covering 13 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 debt load of Lexington Gold Ltd for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -1.3% | GBX-205.07K | GBX16.20 Million | GBX426.15K | GBX631.23K | ▼ -2.8 pp |
| 2024 | 1.6% | GBX247.00K | GBX15.71 Million | GBX974.00K | GBX727.00K | ▼ -8.2 pp |
| 2023 | 9.8% | GBX1.68 Million | GBX17.17 Million | GBX2.74 Million | GBX1.06 Million | ▲ +1.6 pp |
| 2022 | 8.1% | GBX403.00K | GBX4.96 Million | GBX498.00K | GBX95.00K | ▼ -11.0 pp |
| 2021 | 19.2% | GBX892.00K | GBX4.66 Million | GBX998.00K | GBX106.00K | ▼ -34.2 pp |
| 2020 | 53.3% | GBX2.86 Million | GBX5.36 Million | GBX2.95 Million | GBX94.00K | ▼ -46.7 pp |
| 2019 | 100.0% | GBX25.00K | GBX25.00K | GBX388.00K | GBX363.00K | ▲ +0.0 pp |
| 2019 | 100.0% | GBX147.20K | GBX147.20K | GBX203.31K | GBX56.10K | ▲ +0.0 pp |
| 2018 | 100.0% | GBX397.83K | GBX397.83K | GBX505.91K | GBX108.08K | ▲ +122.1 pp |
| 2016 | -22.1% | GBX-540.00K | GBX2.44 Million | GBX1.01 Million | GBX1.55 Million | ▼ -56.8 pp |
| 2015 | 34.7% | GBX1.80 Million | GBX5.18 Million | GBX2.45 Million | GBX648.00K | ▼ -30.4 pp |
| 2014 | 65.2% | GBX5.00 Million | GBX7.68 Million | GBX16.62 Million | GBX11.61 Million | ▲ +97.5 pp |
| 2013 | -32.3% | GBX-5.93 Million | GBX18.35 Million | GBX5.36 Million | GBX11.29 Million | — |