Golden Matrix Group Inc (GMGI) — Working Capital to Net Assets Ratio
Golden Matrix Group Inc (GMGI) has a Working Capital to Net Assets ratio of -45.2% as of January 2026. Working capital of $-22.78 Million (current assets of $30.48 Million minus current liabilities of $53.26 Million) is measured against net assets of $50.43 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Golden Matrix Group Inc defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Golden Matrix Group Inc Working Capital to Net Assets (2008–2025)
This chart shows how Golden Matrix Group Inc's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2008 to 2025. As of January 2026, the ratio stands at -45.2%, reflecting working capital of $-22.78 Million against net assets of $50.43 Million USD. For the complete balance sheet picture, see GMGI current and non-current assets.
Annual Working Capital to Net Assets for Golden Matrix Group Inc (2008–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Golden Matrix Group Inc from 2008 to 2025, covering 18 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. Check GMGI financial resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -49.9% | $-24.13 Million | $48.34 Million | $35.44 Million | $59.57 Million | ▼ -33.0 pp |
| 2024 | -17.0% | $-18.48 Million | $108.95 Million | $45.07 Million | $63.55 Million | ▼ -76.0 pp |
| 2023 | 59.1% | $18.37 Million | $31.10 Million | $22.85 Million | $4.48 Million | ▲ +3.4 pp |
| 2022 | 55.6% | $16.57 Million | $29.80 Million | $19.29 Million | $2.72 Million | ▼ -43.1 pp |
| 2021 | 98.8% | $18.69 Million | $18.93 Million | $20.04 Million | $1.35 Million | ▼ -1.2 pp |
| 2020 | 100.0% | $13.26 Million | $13.26 Million | $13.81 Million | $552.61K | ▼ -14.0 pp |
| 2019 | 114.0% | $1.18 Million | $1.03 Million | $3.01 Million | $1.83 Million | ▲ +14.0 pp |
| 2018 | 100.0% | $-1.34 Million | $-1.34 Million | $819.87K | $2.16 Million | ▲ +0.0 pp |
| 2017 | 100.0% | $-1.54 Million | $-1.54 Million | $87.67K | $1.62 Million | ▲ +0.0 pp |
| 2016 | 100.0% | $-3.98 Million | $-3.98 Million | $12.30K | $3.99 Million | ▼ -3.0 pp |
| 2015 | 103.0% | $-2.91 Million | $-2.82 Million | $63.12K | $2.97 Million | ▼ -6.1 pp |
| 2014 | 109.1% | $-1.01 Million | $-929.63K | $79.88K | $1.09 Million | ▼ -24.8 pp |
| 2013 | 133.9% | $-338.94K | $-253.07K | $829.00 | $339.76K | ▼ -12.1 pp |
| 2012 | 146.1% | $-275.37K | $-188.52K | $15.76K | $291.13K | ▲ +46.1 pp |
| 2011 | 100.0% | $-82.16K | $-82.16K | $47.59K | $129.75K | ▲ +0.0 pp |
| 2010 | 100.0% | $-21.94K | $-21.94K | $79.11K | $101.05K | ▲ +0.0 pp |
| 2009 | 100.0% | $4.57K | $4.57K | $17.96K | $13.39K | ▲ +0.0 pp |
| 2008 | 100.0% | $28.66K | $28.66K | $31.37K | $2.71K | — |