Great-West Lifeco Inc. (GWO) — Working Capital to Net Assets Ratio
Great-West Lifeco Inc. (GWO) has a Working Capital to Net Assets ratio of 134.3% as of December 2025. Working capital of CA$44.33 Billion (current assets of CA$53.56 Billion minus current liabilities of CA$9.23 Billion) is measured against net assets of CA$33.00 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Great-West Lifeco Inc. free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Great-West Lifeco Inc. Working Capital to Net Assets (1996–2025)
This chart shows how Great-West Lifeco Inc.'s Working Capital to Net Assets ratio has evolved across 29 annual periods from 1996 to 2025. As of December 2025, the ratio stands at 134.3%, reflecting working capital of CA$44.33 Billion against net assets of CA$33.00 Billion CAD. See GWO cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Great-West Lifeco Inc. (1996–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Great-West Lifeco Inc. from 1996 to 2025, 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 Great-West Lifeco Inc. (GWO) total market value.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 134.3% | CA$44.33 Billion | CA$33.00 Billion | CA$53.56 Billion | CA$9.23 Billion | ▲ +46.3 pp |
| 2024 | 88.0% | CA$27.43 Billion | CA$31.15 Billion | CA$31.47 Billion | CA$4.05 Billion | ▲ +16.4 pp |
| 2023 | 71.6% | CA$21.38 Billion | CA$29.85 Billion | CA$25.17 Billion | CA$3.79 Billion | ▲ +2.5 pp |
| 2022 | 69.1% | CA$22.35 Billion | CA$32.32 Billion | CA$26.69 Billion | CA$4.34 Billion | ▲ +3.1 pp |
| 2021 | 66.1% | CA$20.15 Billion | CA$30.48 Billion | CA$24.30 Billion | CA$4.15 Billion | ▲ +29.4 pp |
| 2020 | 36.7% | CA$9.92 Billion | CA$27.02 Billion | CA$14.60 Billion | CA$4.68 Billion | ▲ +9.3 pp |
| 2019 | 27.4% | CA$6.99 Billion | CA$25.54 Billion | CA$11.15 Billion | CA$4.16 Billion | ▲ +6.2 pp |
| 2018 | 21.2% | CA$5.80 Billion | CA$27.40 Billion | CA$10.00 Billion | CA$4.19 Billion | ▼ -392.3 pp |
| 2017 | 413.5% | CA$105.58 Billion | CA$25.54 Billion | CA$113.10 Billion | CA$7.52 Billion | ▲ +1.1 pp |
| 2016 | 412.4% | CA$103.13 Billion | CA$25.01 Billion | CA$110.73 Billion | CA$7.59 Billion | ▲ +396.5 pp |
| 2015 | 15.9% | CA$4.03 Billion | CA$25.26 Billion | CA$6.73 Billion | CA$2.70 Billion | ▲ +0.3 pp |
| 2014 | 15.7% | CA$3.43 Billion | CA$21.90 Billion | CA$5.89 Billion | CA$2.45 Billion | ▼ -1.7 pp |
| 2013 | 17.4% | CA$3.48 Billion | CA$20.00 Billion | CA$6.02 Billion | CA$2.54 Billion | ▲ +4.2 pp |
| 2012 | 13.2% | CA$2.32 Billion | CA$17.59 Billion | CA$4.62 Billion | CA$2.30 Billion | ▲ +1.5 pp |
| 2011 | 11.7% | CA$1.89 Billion | CA$16.10 Billion | CA$2.06 Billion | CA$169.00 Million | ▼ -0.8 pp |
| 2010 | 12.5% | CA$1.69 Billion | CA$13.53 Billion | CA$1.84 Billion | CA$152.00 Million | ▼ -8.6 pp |
| 2009 | 21.1% | CA$3.24 Billion | CA$15.37 Billion | CA$3.43 Billion | CA$186.00 Million | ▲ +4.0 pp |
| 2008 | 17.1% | CA$2.66 Billion | CA$15.56 Billion | CA$2.85 Billion | CA$192.00 Million | ▼ -9.1 pp |
| 2007 | 26.2% | CA$3.49 Billion | CA$13.33 Billion | CA$3.65 Billion | CA$164.00 Million | ▼ -1.2 pp |
| 2006 | 27.4% | CA$3.66 Billion | CA$13.36 Billion | CA$4.66 Billion | CA$997.00 Million | ▼ -3.1 pp |
| 2005 | 30.5% | CA$3.54 Billion | CA$11.60 Billion | CA$4.48 Billion | CA$936.00 Million | ▲ +4.7 pp |
| 2004 | 25.9% | CA$3.13 Billion | CA$12.10 Billion | CA$3.80 Billion | CA$676.00 Million | ▼ -4.0 pp |
| 2003 | 29.9% | CA$3.29 Billion | CA$11.01 Billion | CA$3.79 Billion | CA$503.00 Million | ▲ +11.9 pp |
| 2002 | 18.0% | CA$1.22 Billion | CA$6.76 Billion | CA$1.73 Billion | CA$511.00 Million | ▼ -862.5 pp |
| 2001 | 880.5% | CA$55.88 Billion | CA$6.35 Billion | CA$56.28 Billion | CA$400.00 Million | ▲ +29.8 pp |
| 1999 | 850.6% | CA$50.34 Billion | CA$5.92 Billion | CA$50.46 Billion | CA$116.00 Million | ▼ -66.1 pp |
| 1998 | 916.7% | CA$51.62 Billion | CA$5.63 Billion | CA$51.99 Billion | CA$374.00 Million | ▼ -13.3 pp |
| 1997 | 930.1% | CA$48.11 Billion | CA$5.17 Billion | CA$48.92 Billion | CA$811.00 Million | ▲ +911.6 pp |
| 1996 | 18.5% | CA$490.60 Million | CA$2.65 Billion | CA$606.60 Million | CA$116.00 Million | — |