Equinox Gold Corp (EQX) — Working Capital to Net Assets Ratio
Equinox Gold Corp (EQX) has a Working Capital to Net Assets ratio of 3.1% as of March 2026. Working capital of CA$190.49 Million (current assets of CA$988.31 Million minus current liabilities of CA$797.82 Million) is measured against net assets of CA$6.13 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See EQX net asset quality score to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Equinox Gold Corp Working Capital to Net Assets (2006–2025)
This chart shows how Equinox Gold Corp's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2006 to 2025. As of March 2026, the ratio stands at 3.1%, reflecting working capital of CA$190.49 Million against net assets of CA$6.13 Billion CAD. Check EQX tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Equinox Gold Corp (2006–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Equinox Gold Corp from 2006 to 2025, covering 20 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 Equinox Gold Corp (EQX) market capitalisation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 12.2% | CA$707.29 Million | CA$5.78 Billion | CA$1.97 Billion | CA$1.26 Billion | ▲ +9.4 pp |
| 2024 | 2.8% | CA$95.01 Million | CA$3.40 Billion | CA$784.11 Million | CA$689.09 Million | ▼ -11.7 pp |
| 2023 | 14.5% | CA$354.36 Million | CA$2.44 Billion | CA$833.96 Million | CA$479.60 Million | ▼ -1.8 pp |
| 2022 | 16.3% | CA$383.37 Million | CA$2.35 Billion | CA$655.10 Million | CA$271.72 Million | ▼ -13.1 pp |
| 2021 | 29.4% | CA$760.66 Million | CA$2.59 Billion | CA$1.16 Billion | CA$402.57 Million | ▲ +0.2 pp |
| 2020 | 29.3% | CA$423.36 Million | CA$1.45 Billion | CA$646.02 Million | CA$222.66 Million | ▲ +25.1 pp |
| 2019 | 4.2% | CA$16.73 Million | CA$403.06 Million | CA$148.66 Million | CA$131.92 Million | ▼ -2.9 pp |
| 2018 | 7.1% | CA$30.04 Million | CA$424.99 Million | CA$136.32 Million | CA$106.28 Million | ▼ -8.2 pp |
| 2017 | 15.3% | CA$55.77 Million | CA$365.68 Million | CA$86.27 Million | CA$30.50 Million | ▼ -50.9 pp |
| 2016 | 66.1% | CA$44.57 Million | CA$67.39 Million | CA$46.02 Million | CA$1.44 Million | ▲ +17.2 pp |
| 2015 | 49.0% | CA$822.00K | CA$1.68 Million | CA$1.01 Million | CA$190.00K | ▼ -27.4 pp |
| 2014 | 76.3% | CA$5.27 Million | CA$6.90 Million | CA$5.44 Million | CA$166.40K | ▼ -10.6 pp |
| 2013 | 86.9% | CA$8.03 Million | CA$9.24 Million | CA$8.19 Million | CA$159.60K | ▲ +72.8 pp |
| 2012 | 14.1% | CA$38.97K | CA$276.62K | CA$55.10K | CA$16.14K | ▲ +0.0 pp |
| 2011 | 14.1% | CA$38.97K | CA$276.62K | CA$55.10K | CA$16.14K | ▼ -33.4 pp |
| 2010 | 47.5% | CA$160.25K | CA$337.33K | CA$197.89K | CA$37.64K | ▼ -23.9 pp |
| 2009 | 71.4% | CA$262.51K | CA$367.58K | CA$280.32K | CA$17.81K | ▼ -1.5 pp |
| 2008 | 72.9% | CA$89.46K | CA$122.76K | CA$112.02K | CA$22.56K | ▼ -27.1 pp |
| 2007 | 100.0% | CA$213.66K | CA$213.66K | CA$225.32K | CA$11.66K | ▲ +0.0 pp |
| 2006 | 100.0% | CA$96.72K | CA$96.72K | CA$105.75K | CA$9.03K | — |