Lundin Gold Inc (LUG) — Working Capital to Net Assets Ratio

Latest as of September 2025: 43.6%

Lundin Gold Inc (LUG) has a Working Capital to Net Assets ratio of 43.6% as of September 2025. Working capital of CA$575.42 Million (current assets of CA$833.81 Million minus current liabilities of CA$258.39 Million) is measured against net assets of CA$1.32 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See LUG equity to assets ratio to measure how much of total assets are equity-financed.

WC/NA Ratio

43.6%
Working Capital / Net Assets

Working Capital

CA$575.42 Million
CAD

Current Assets

CA$833.81 Million
CAD

Current Liabilities

CA$258.39 Million
CAD

Lundin Gold Inc Working Capital to Net Assets (1998–2024)

This chart shows how Lundin Gold Inc's Working Capital to Net Assets ratio has evolved across 27 annual periods from 1998 to 2024. As of September 2025, the ratio stands at 43.6%, reflecting working capital of CA$575.42 Million against net assets of CA$1.32 Billion CAD. Check Lundin Gold Inc tangible equity quality to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Lundin Gold Inc (1998–2024)

The table below presents the year-by-year Working Capital to Net Assets ratio for Lundin Gold Inc from 1998 to 2024, covering 27 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 LUG market cap overview.

Year WC/NA Ratio Working Capital (CAD) Net Assets Current Assets Current Liabilities Change (pp)
2024 37.7% CA$458.94 Million CA$1.22 Billion CA$674.46 Million CA$215.51 Million ▲ +1.4 pp
2023 36.3% CA$346.86 Million CA$955.81 Million CA$533.89 Million CA$187.03 Million ▲ +13.4 pp
2022 22.9% CA$194.80 Million CA$852.08 Million CA$635.32 Million CA$440.52 Million ▼ -3.8 pp
2021 26.7% CA$217.22 Million CA$814.48 Million CA$528.24 Million CA$311.02 Million ▲ +17.0 pp
2020 9.6% CA$56.60 Million CA$586.86 Million CA$289.00 Million CA$232.40 Million ▲ +2.6 pp
2019 7.0% CA$32.80 Million CA$466.82 Million CA$149.18 Million CA$116.38 Million ▼ -18.6 pp
2018 25.6% CA$153.19 Million CA$598.04 Million CA$199.00 Million CA$45.81 Million ▲ +14.2 pp
2017 11.4% CA$26.79 Million CA$234.85 Million CA$47.74 Million CA$20.95 Million ▲ +11.0 pp
2016 0.4% CA$1.02 Million CA$269.74 Million CA$9.21 Million CA$8.19 Million ▼ -5.9 pp
2015 6.3% CA$16.31 Million CA$260.88 Million CA$21.97 Million CA$5.65 Million ▼ -14.9 pp
2014 21.2% CA$65.98 Million CA$311.57 Million CA$71.65 Million CA$5.67 Million ▼ -78.8 pp
2013 100.0% CA$21.29 Million CA$21.29 Million CA$21.36 Million CA$69.96K ▲ +0.0 pp
2012 100.0% CA$22.93 Million CA$22.93 Million CA$22.97 Million CA$33.03K ▲ +0.0 pp
2011 100.0% CA$22.74 Million CA$22.74 Million CA$22.77 Million CA$29.51K ▲ +0.0 pp
2010 100.0% CA$9.17 Million CA$9.17 Million CA$9.27 Million CA$104.67K ▲ +85.1 pp
2009 14.9% CA$2.69 Million CA$18.10 Million CA$3.32 Million CA$626.43K ▼ -11.7 pp
2008 26.6% CA$5.25 Million CA$19.75 Million CA$5.62 Million CA$369.12K ▼ -18.1 pp
2007 44.7% CA$1.55 Million CA$3.46 Million CA$2.59 Million CA$1.05 Million ▲ +3.6 pp
2006 41.0% CA$10.08 Million CA$24.57 Million CA$10.73 Million CA$647.67K ▲ +34.7 pp
2005 6.3% CA$417.58K CA$6.60 Million CA$583.62K CA$166.05K ▼ -2.0 pp
2004 8.3% CA$396.11K CA$4.77 Million CA$891.79K CA$495.68K ▼ -91.7 pp
2003 100.0% CA$135.70K CA$135.70K CA$219.39K CA$83.69K ▲ +7.7 pp
2002 92.3% CA$254.17K CA$275.50K CA$307.56K CA$53.39K ▼ -2.7 pp
2001 95.0% CA$1.11 Million CA$1.16 Million CA$1.15 Million CA$47.95K ▼ -4.8 pp
2000 99.8% CA$1.20 Million CA$1.21 Million CA$1.22 Million CA$20.21K ▼ -27.8 pp
1999 127.6% CA$-86.60K CA$-67.88K CA$7.29K CA$93.88K ▲ +158.1 pp
1998 -30.5% CA$-9.65K CA$31.63K CA$9.01K CA$18.65K —
pp = percentage points