G2 Goldfields Inc. (GTWO) — Working Capital to Net Assets Ratio
G2 Goldfields Inc. (GTWO) has a Working Capital to Net Assets ratio of 33.7% as of February 2026. Working capital of CA$49.61 Million (current assets of CA$53.59 Million minus current liabilities of CA$3.98 Million) is measured against net assets of CA$147.19 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See GTWO equity financing ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
G2 Goldfields Inc. Working Capital to Net Assets (2015–2024)
This chart shows how G2 Goldfields Inc.'s Working Capital to Net Assets ratio has evolved across 10 annual periods from 2015 to 2024. As of February 2026, the ratio stands at 33.7%, reflecting working capital of CA$49.61 Million against net assets of CA$147.19 Million CAD. Check G2 Goldfields Inc. (GTWO) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for G2 Goldfields Inc. (2015–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for G2 Goldfields Inc. from 2015 to 2024, covering 10 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 market value of G2 Goldfields Inc..
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 22.0% | CA$22.59 Million | CA$102.48 Million | CA$24.95 Million | CA$2.36 Million | ▼ -1.3 pp |
| 2023 | 23.4% | CA$14.41 Million | CA$61.62 Million | CA$16.89 Million | CA$2.48 Million | ▼ -10.5 pp |
| 2022 | 33.9% | CA$14.04 Million | CA$41.40 Million | CA$16.06 Million | CA$2.02 Million | ▲ +30.4 pp |
| 2021 | 3.5% | CA$597.32K | CA$16.93 Million | CA$1.56 Million | CA$967.55K | ▼ -7.1 pp |
| 2020 | 10.6% | CA$1.37 Million | CA$12.90 Million | CA$2.39 Million | CA$1.02 Million | ▲ +12.1 pp |
| 2019 | -1.6% | CA$-305.32K | CA$19.59 Million | CA$653.22K | CA$958.54K | ▼ -4.0 pp |
| 2018 | 2.5% | CA$268.88K | CA$10.96 Million | CA$1.24 Million | CA$966.94K | ▲ +3.7 pp |
| 2017 | -1.2% | CA$-102.33K | CA$8.43 Million | CA$393.05K | CA$495.38K | ▼ -4.7 pp |
| 2016 | 3.5% | CA$242.55K | CA$6.95 Million | CA$515.87K | CA$273.32K | ▼ -94.4 pp |
| 2015 | 97.9% | CA$164.18K | CA$167.76K | CA$238.75K | CA$74.57K | — |