Guardian Capital Group Limited (GCG) — Working Capital to Net Assets Ratio
Guardian Capital Group Limited (GCG) has a Working Capital to Net Assets ratio of -9.7% as of September 2025. Working capital of CA$-134.86 Million (current assets of CA$521.51 Million minus current liabilities of CA$656.37 Million) is measured against net assets of CA$1.38 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See GCG equity to assets ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Guardian Capital Group Limited Working Capital to Net Assets (1996–2024)
This chart shows how Guardian Capital Group Limited's Working Capital to Net Assets ratio has evolved across 29 annual periods from 1996 to 2024. As of September 2025, the ratio stands at -9.7%, reflecting working capital of CA$-134.86 Million against net assets of CA$1.38 Billion CAD. Check GCG tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Guardian Capital Group Limited (1996–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Guardian Capital Group Limited from 1996 to 2024, covering 29 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see GCG stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -6.6% | CA$-86.80 Million | CA$1.32 Billion | CA$439.30 Million | CA$526.09 Million | ▲ +5.6 pp |
| 2023 | -12.2% | CA$-151.84 Million | CA$1.24 Billion | CA$262.25 Million | CA$414.10 Million | ▼ -16.0 pp |
| 2022 | 3.8% | CA$29.39 Million | CA$782.86 Million | CA$538.86 Million | CA$509.47 Million | ▲ +10.6 pp |
| 2021 | -6.8% | CA$-58.31 Million | CA$852.58 Million | CA$424.57 Million | CA$482.88 Million | ▲ +3.1 pp |
| 2020 | -9.9% | CA$-71.19 Million | CA$717.71 Million | CA$282.65 Million | CA$353.84 Million | ▲ +3.2 pp |
| 2019 | -13.1% | CA$-90.78 Million | CA$694.20 Million | CA$257.39 Million | CA$348.17 Million | ▲ +4.2 pp |
| 2018 | -17.3% | CA$-105.93 Million | CA$611.98 Million | CA$199.77 Million | CA$305.70 Million | ▼ -15.7 pp |
| 2017 | -1.6% | CA$-10.24 Million | CA$641.20 Million | CA$209.66 Million | CA$219.91 Million | ▲ +4.0 pp |
| 2016 | -5.6% | CA$-32.55 Million | CA$585.47 Million | CA$311.74 Million | CA$344.28 Million | ▲ +0.9 pp |
| 2015 | -6.4% | CA$-32.64 Million | CA$508.53 Million | CA$220.69 Million | CA$253.34 Million | ▼ -1.4 pp |
| 2014 | -5.1% | CA$-24.92 Million | CA$492.23 Million | CA$168.27 Million | CA$193.18 Million | ▲ +1.7 pp |
| 2013 | -6.8% | CA$-28.45 Million | CA$417.79 Million | CA$155.51 Million | CA$183.96 Million | ▼ -0.4 pp |
| 2012 | -6.4% | CA$-22.91 Million | CA$357.75 Million | CA$92.66 Million | CA$115.58 Million | ▲ +5.2 pp |
| 2011 | -11.6% | CA$-37.84 Million | CA$327.01 Million | CA$72.27 Million | CA$110.11 Million | ▼ -1.1 pp |
| 2010 | -10.5% | CA$-34.87 Million | CA$332.89 Million | CA$67.57 Million | CA$102.44 Million | ▼ -0.9 pp |
| 2009 | -9.5% | CA$-30.30 Million | CA$317.87 Million | CA$63.01 Million | CA$93.32 Million | ▲ +8.8 pp |
| 2008 | -18.3% | CA$-37.61 Million | CA$205.30 Million | CA$53.15 Million | CA$90.77 Million | ▼ -14.8 pp |
| 2007 | -3.5% | CA$-12.11 Million | CA$345.37 Million | CA$58.37 Million | CA$70.48 Million | ▼ -106.1 pp |
| 2006 | 102.6% | CA$224.74 Million | CA$219.10 Million | CA$244.26 Million | CA$19.53 Million | ▲ +100.9 pp |
| 2005 | 1.7% | CA$3.31 Million | CA$198.90 Million | CA$31.97 Million | CA$28.66 Million | ▼ -115.7 pp |
| 2004 | 117.4% | CA$230.39 Million | CA$196.27 Million | CA$232.24 Million | CA$1.85 Million | ▼ -2.0 pp |
| 2003 | 119.4% | CA$229.61 Million | CA$192.33 Million | CA$231.26 Million | CA$1.65 Million | ▼ -0.8 pp |
| 2002 | 120.2% | CA$236.38 Million | CA$196.73 Million | CA$238.02 Million | CA$1.65 Million | ▲ +8.2 pp |
| 2001 | 112.0% | CA$215.98 Million | CA$192.89 Million | CA$239.54 Million | CA$23.56 Million | ▲ +33.7 pp |
| 2000 | 78.2% | CA$47.19 Million | CA$60.32 Million | CA$60.42 Million | CA$13.23 Million | ▼ -1.4 pp |
| 1999 | 79.7% | CA$42.30 Million | CA$53.10 Million | CA$56.30 Million | CA$14.00 Million | ▲ +27.8 pp |
| 1998 | 51.9% | CA$27.80 Million | CA$53.60 Million | CA$35.60 Million | CA$7.80 Million | ▼ -17.1 pp |
| 1997 | 69.0% | CA$32.00 Million | CA$46.40 Million | CA$37.90 Million | CA$5.90 Million | ▲ +2.1 pp |
| 1996 | 66.8% | CA$25.40 Million | CA$38.00 Million | CA$33.80 Million | CA$8.40 Million | — |