Northgold AB (NG) — Working Capital to Net Assets Ratio
Northgold AB (NG) has a Working Capital to Net Assets ratio of -0.5% as of March 2025. Working capital of Skr-172.00K (current assets of Skr1.28 Million minus current liabilities of Skr1.45 Million) is measured against net assets of Skr32.39 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial agility of Northgold AB to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Northgold AB Working Capital to Net Assets (2016–2024)
This chart shows how Northgold AB's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of March 2025, the ratio stands at -0.5%, reflecting working capital of Skr-172.00K against net assets of Skr32.39 Million SEK. See Northgold AB (NG) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Northgold AB (2016–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Northgold AB from 2016 to 2024, covering 9 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 how much is Northgold AB worth.
| Year | WC/NA Ratio | Working Capital (SEK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 2.8% | Skr1.41 Million | Skr49.38 Million | Skr2.93 Million | Skr1.52 Million | ▼ 0.0 pp |
| 2023 | 2.9% | Skr1.41 Million | Skr49.11 Million | Skr4.09 Million | Skr2.68 Million | ▼ -32.8 pp |
| 2022 | 35.6% | Skr11.86 Million | Skr33.29 Million | Skr13.96 Million | Skr2.10 Million | ▲ +26.8 pp |
| 2021 | 8.8% | Skr944.17K | Skr10.67 Million | Skr1.32 Million | Skr377.09K | ▼ -91.2 pp |
| 2020 | 100.0% | Skr44.46K | Skr44.46K | Skr51.12K | Skr6.67K | ▲ +100.9 pp |
| 2019 | -0.9% | Skr-2.09 Million | Skr222.50 Million | Skr92.64 Million | Skr94.73 Million | ▼ -0.8 pp |
| 2018 | -0.1% | Skr-281.00K | Skr217.65 Million | Skr111.50 Million | Skr111.78 Million | ▼ -1.9 pp |
| 2017 | 1.8% | Skr3.71 Million | Skr206.98 Million | Skr121.07 Million | Skr117.37 Million | ▼ -23.2 pp |
| 2016 | 25.0% | Skr45.02 Million | Skr180.16 Million | Skr120.33 Million | Skr75.31 Million | — |