GoGold Resources Inc. (GGD) — Working Capital to Net Assets Ratio
GoGold Resources Inc. (GGD) has a Working Capital to Net Assets ratio of 55.2% as of March 2026. Working capital of CA$265.68 Million (current assets of CA$297.72 Million minus current liabilities of CA$32.04 Million) is measured against net assets of CA$480.91 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See GGD equity financing ratio to measure how much of total assets are equity-financed.
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 March 2026, the ratio stands at 55.2%, reflecting working capital of CA$265.68 Million against net assets of CA$480.91 Million CAD. Check GoGold Resources Inc. tangible net worth ratio to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company profile, see GoGold Resources Inc. market cap and net worth.
| 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 | — |