Largo Resources Ltd (LGO) — Working Capital to Net Assets Ratio
Largo Resources Ltd (LGO) has a Working Capital to Net Assets ratio of -55.6% as of December 2025. Working capital of CA$-75.88 Million (current assets of CA$78.05 Million minus current liabilities of CA$153.93 Million) is measured against net assets of CA$136.54 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Largo Resources Ltd (LGO) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Largo Resources Ltd Working Capital to Net Assets (2001–2025)
This chart shows how Largo Resources Ltd's Working Capital to Net Assets ratio has evolved across 25 annual periods from 2001 to 2025. As of December 2025, the ratio stands at -55.6%, reflecting working capital of CA$-75.88 Million against net assets of CA$136.54 Million CAD. For the complete balance sheet picture, see LGO current and non-current assets.
Annual Working Capital to Net Assets for Largo Resources Ltd (2001–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Largo Resources Ltd from 2001 to 2025, covering 25 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Explore Largo Resources Ltd (LGO) investment intensity to see how much of total assets are deployed in long-term investments.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -55.6% | CA$-75.88 Million | CA$136.54 Million | CA$78.05 Million | CA$153.93 Million | ▼ -43.3 pp |
| 2024 | -12.2% | CA$-20.97 Million | CA$171.23 Million | CA$93.29 Million | CA$114.26 Million | ▼ -49.3 pp |
| 2023 | 37.0% | CA$94.67 Million | CA$255.80 Million | CA$137.12 Million | CA$42.45 Million | ▼ -4.9 pp |
| 2022 | 41.9% | CA$115.17 Million | CA$274.55 Million | CA$154.14 Million | CA$38.97 Million | ▼ -2.6 pp |
| 2021 | 44.5% | CA$118.31 Million | CA$265.70 Million | CA$159.98 Million | CA$41.67 Million | ▲ +6.9 pp |
| 2020 | 37.6% | CA$92.95 Million | CA$247.16 Million | CA$137.30 Million | CA$44.35 Million | ▲ +8.8 pp |
| 2019 | 28.8% | CA$78.09 Million | CA$271.43 Million | CA$156.16 Million | CA$78.07 Million | ▼ -5.7 pp |
| 2018 | 34.4% | CA$99.31 Million | CA$288.34 Million | CA$210.34 Million | CA$111.03 Million | ▲ +78.9 pp |
| 2017 | -44.5% | CA$-26.30 Million | CA$59.13 Million | CA$70.85 Million | CA$97.16 Million | ▲ +186.2 pp |
| 2016 | -230.6% | CA$-46.03 Million | CA$19.96 Million | CA$23.96 Million | CA$70.00 Million | ▲ +14.0 pp |
| 2015 | -244.7% | CA$-58.08 Million | CA$23.74 Million | CA$14.21 Million | CA$72.29 Million | ▼ -208.6 pp |
| 2014 | -36.0% | CA$-51.47 Million | CA$142.77 Million | CA$18.26 Million | CA$69.73 Million | ▼ -39.9 pp |
| 2013 | 3.9% | CA$6.84 Million | CA$175.68 Million | CA$34.66 Million | CA$27.82 Million | ▼ -23.6 pp |
| 2012 | 27.5% | CA$49.77 Million | CA$181.15 Million | CA$59.53 Million | CA$9.75 Million | ▲ +25.2 pp |
| 2011 | 2.2% | CA$2.13 Million | CA$95.27 Million | CA$81.60 Million | CA$79.47 Million | ▲ +1.9 pp |
| 2010 | 0.4% | CA$176.96K | CA$46.32 Million | CA$1.85 Million | CA$1.67 Million | ▲ +1.3 pp |
| 2009 | -0.9% | CA$-296.36K | CA$32.80 Million | CA$977.38K | CA$1.27 Million | ▲ +7.2 pp |
| 2008 | -8.1% | CA$-2.03 Million | CA$25.11 Million | CA$730.17K | CA$2.76 Million | ▲ +37.8 pp |
| 2007 | -45.9% | CA$-6.20 Million | CA$13.51 Million | CA$2.02 Million | CA$8.22 Million | ▼ -66.5 pp |
| 2006 | 20.6% | CA$1.25 Million | CA$6.10 Million | CA$1.58 Million | CA$328.51K | ▲ +12.2 pp |
| 2005 | 8.4% | CA$322.70K | CA$3.84 Million | CA$388.24K | CA$65.53K | ▼ -22.0 pp |
| 2004 | 30.4% | CA$817.05K | CA$2.69 Million | CA$912.50K | CA$95.45K | ▼ -67.9 pp |
| 2003 | 98.3% | CA$300.29K | CA$305.52K | CA$311.64K | CA$11.35K | ▲ +146.9 pp |
| 2002 | -48.6% | CA$-22.08K | CA$45.42K | CA$21.28K | CA$43.36K | ▼ -148.6 pp |
| 2001 | 100.0% | CA$-46.86K | CA$-46.86K | CA$4.42K | CA$51.28K | — |