Contango ORE Inc (CTGO) — Working Capital to Net Assets Ratio
Contango ORE Inc (CTGO) has a Working Capital to Net Assets ratio of 26.9% as of September 2025. Working capital of $12.86 Million (current assets of $108.05 Million minus current liabilities of $95.19 Million) is measured against net assets of $47.81 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is Contango ORE Inc's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Contango ORE Inc Working Capital to Net Assets (2009–2024)
This chart shows how Contango ORE Inc's Working Capital to Net Assets ratio has evolved across 29 annual periods from 2009 to 2024. As of September 2025, the ratio stands at 26.9%, reflecting working capital of $12.86 Million against net assets of $47.81 Million USD. Check Contango ORE Inc (CTGO) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Contango ORE Inc (2009–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Contango ORE Inc from 2009 to 2024, covering 29 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 CTGO market cap.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -4217.6% | $-53.68 Million | $1.27 Million | $22.08 Million | $75.75 Million | ▼ -4191.6 pp |
| 2023 | -26.0% | $3.78 Million | $-14.54 Million | $16.85 Million | $13.07 Million | ▲ +183.4 pp |
| 2023 | -209.3% | $9.99 Million | $-4.77 Million | $12.29 Million | $2.30 Million | ▼ -377.1 pp |
| 2022 | 167.8% | $22.27 Million | $13.27 Million | $23.78 Million | $1.50 Million | ▲ +0.0 pp |
| 2022 | 167.8% | $22.27 Million | $13.27 Million | $23.78 Million | $1.50 Million | ▲ +64.4 pp |
| 2021 | 103.4% | $35.71 Million | $34.55 Million | $35.93 Million | $222.10K | ▲ +0.0 pp |
| 2021 | 103.4% | $35.71 Million | $34.55 Million | $35.93 Million | $222.10K | ▲ +3.4 pp |
| 2020 | 100.0% | $1.99 Million | $1.99 Million | $3.08 Million | $1.09 Million | ▲ +0.0 pp |
| 2020 | 100.0% | $1.99 Million | $1.99 Million | $3.08 Million | $1.09 Million | ▲ +0.0 pp |
| 2019 | 100.0% | $8.34 Million | $8.34 Million | $8.76 Million | $419.29K | ▲ +0.0 pp |
| 2019 | 100.0% | $8.34 Million | $8.34 Million | $8.76 Million | $419.29K | ▲ +0.0 pp |
| 2018 | 100.0% | $13.71 Million | $13.71 Million | $13.97 Million | $256.40K | ▲ +0.0 pp |
| 2018 | 100.0% | $13.71 Million | $13.71 Million | $13.97 Million | $256.40K | ▲ +0.0 pp |
| 2017 | 100.0% | $5.23 Million | $5.23 Million | $5.37 Million | $137.42K | ▲ +0.0 pp |
| 2017 | 100.0% | $5.23 Million | $5.23 Million | $5.37 Million | $137.42K | ▲ +0.0 pp |
| 2016 | 100.0% | $1.20 Million | $1.20 Million | $1.31 Million | $113.74K | ▲ +0.0 pp |
| 2016 | 100.0% | $1.20 Million | $1.20 Million | $1.31 Million | $113.74K | ▲ +0.0 pp |
| 2015 | 100.0% | $1.91 Million | $1.91 Million | $2.01 Million | $102.98K | ▲ +0.0 pp |
| 2015 | 100.0% | $1.91 Million | $1.91 Million | $2.01 Million | $102.98K | ▲ +29.9 pp |
| 2014 | 70.1% | $3.36 Million | $4.79 Million | $3.55 Million | $186.63K | ▲ +0.0 pp |
| 2014 | 70.1% | $3.36 Million | $4.79 Million | $3.55 Million | $186.63K | ▼ -18.7 pp |
| 2013 | 88.8% | $11.38 Million | $12.81 Million | $13.13 Million | $1.75 Million | ▲ +0.0 pp |
| 2013 | 88.8% | $11.38 Million | $12.81 Million | $13.13 Million | $1.75 Million | ▲ +5.6 pp |
| 2012 | 83.2% | $6.10 Million | $7.34 Million | $7.90 Million | $1.80 Million | ▲ +0.0 pp |
| 2012 | 83.2% | $6.10 Million | $7.34 Million | $7.90 Million | $1.80 Million | ▲ +20.4 pp |
| 2011 | 62.8% | $1.83 Million | $2.91 Million | $2.47 Million | $644.76K | ▲ +0.0 pp |
| 2011 | 62.8% | $1.83 Million | $2.91 Million | $2.47 Million | $644.76K | ▲ +100.8 pp |
| 2010 | -38.0% | $-277.89K | $731.00K | $233.27K | $511.16K | ▲ +0.0 pp |
| 2009 | -38.0% | $-277.89K | $731.00K | $233.27K | $511.16K | — |