GoGold Resources Inc. (GGD) — Working Capital to Net Assets Ratio
GoGold Resources Inc. (GGD) has a Working Capital to Net Assets ratio of 53.0% as of June 2026. Working capital of CA$260.39 Million (current assets of CA$314.26 Million minus current liabilities of CA$53.87 Million) is measured against net assets of CA$490.84 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See GoGold Resources Inc. defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
GoGold Resources Inc. Working Capital to Net Assets (2008–2025)
This chart shows how GoGold Resources Inc.'s Working Capital to Net Assets ratio has evolved across 18 annual periods from 2008 to 2025. As of June 2026, the ratio stands at 53.0%, reflecting working capital of CA$260.39 Million against net assets of CA$490.84 Million CAD. For the complete balance sheet picture, see how large is GoGold Resources Inc.'s balance sheet.
Annual Working Capital to Net Assets for GoGold Resources Inc. (2008–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for GoGold Resources Inc. from 2008 to 2025, covering 18 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. Check GoGold Resources Inc. liquidity resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 41.5% | CA$149.68 Million | CA$360.27 Million | CA$172.27 Million | CA$22.59 Million | ▲ +9.1 pp |
| 2024 | 32.4% | CA$92.19 Million | CA$284.50 Million | CA$107.68 Million | CA$15.49 Million | ▼ -3.7 pp |
| 2023 | 36.1% | CA$101.71 Million | CA$281.56 Million | CA$114.38 Million | CA$12.67 Million | ▲ +3.9 pp |
| 2022 | 32.2% | CA$77.36 Million | CA$240.33 Million | CA$89.17 Million | CA$11.81 Million | ▼ -5.4 pp |
| 2021 | 37.6% | CA$77.63 Million | CA$206.26 Million | CA$88.34 Million | CA$10.71 Million | ▼ -0.8 pp |
| 2020 | 38.4% | CA$65.65 Million | CA$170.83 Million | CA$73.73 Million | CA$8.08 Million | ▲ +20.3 pp |
| 2019 | 18.1% | CA$13.16 Million | CA$72.81 Million | CA$21.46 Million | CA$8.30 Million | ▼ -7.2 pp |
| 2018 | 25.3% | CA$14.90 Million | CA$58.93 Million | CA$18.72 Million | CA$3.82 Million | ▲ +37.1 pp |
| 2017 | -11.8% | CA$-10.36 Million | CA$87.83 Million | CA$58.75 Million | CA$69.11 Million | ▲ +9.8 pp |
| 2016 | -21.6% | CA$-19.04 Million | CA$88.10 Million | CA$29.66 Million | CA$48.70 Million | ▼ -32.2 pp |
| 2015 | 10.6% | CA$10.99 Million | CA$103.86 Million | CA$16.80 Million | CA$5.80 Million | ▲ +14.6 pp |
| 2014 | -4.1% | CA$-3.98 Million | CA$97.82 Million | CA$12.71 Million | CA$16.69 Million | ▼ -33.7 pp |
| 2013 | 29.6% | CA$27.80 Million | CA$93.78 Million | CA$30.59 Million | CA$2.79 Million | ▲ +3.9 pp |
| 2012 | 25.7% | CA$24.89 Million | CA$96.71 Million | CA$25.76 Million | CA$870.24K | ▲ +13.7 pp |
| 2011 | 12.0% | CA$2.06 Million | CA$17.13 Million | CA$2.31 Million | CA$249.23K | ▼ -67.7 pp |
| 2010 | 79.7% | CA$916.07K | CA$1.15 Million | CA$960.16K | CA$44.08K | ▼ -14.2 pp |
| 2009 | 93.9% | CA$406.67K | CA$433.16K | CA$415.75K | CA$9.08K | ▼ -6.1 pp |
| 2008 | 100.0% | CA$31.06K | CA$31.06K | CA$42.25K | CA$11.19K | — |