U.S. GoldMining Inc. Common stock (USGO) — Working Capital to Net Assets Ratio
U.S. GoldMining Inc. Common stock (USGO) has a Working Capital to Net Assets ratio of 28.0% as of February 2026. Working capital of $52.22 Million (current assets of $52.59 Million minus current liabilities of $364.00K) is measured against net assets of $186.70 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is U.S. GoldMining Inc. Common stock's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
U.S. GoldMining Inc. Common stock Working Capital to Net Assets (2020–2025)
This chart shows how U.S. GoldMining Inc. Common stock's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of February 2026, the ratio stands at 28.0%, reflecting working capital of $52.22 Million against net assets of $186.70 Million USD. Check USGO goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for U.S. GoldMining Inc. Common stock (2020–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for U.S. GoldMining Inc. Common stock from 2020 to 2025, covering 6 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 U.S. GoldMining Inc. Common stock stock valuation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 92.3% | $7.03 Million | $7.61 Million | $7.59 Million | $558.82K | ▲ +9.1 pp |
| 2024 | 83.2% | $3.70 Million | $4.45 Million | $4.12 Million | $420.24K | ▼ -10.9 pp |
| 2023 | 94.1% | $11.49 Million | $12.21 Million | $12.01 Million | $513.08K | ▲ +11.7 pp |
| 2022 | 82.4% | $-1.06 Million | $-1.28 Million | $229.62K | $1.29 Million | ▼ -97.2 pp |
| 2021 | 179.6% | $-474.84K | $-264.33K | $22.67K | $497.51K | ▲ +966.9 pp |
| 2020 | -787.3% | $-482.99K | $61.35K | $11.49K | $494.48K | — |