Lundin Gold Inc Working Capital to Net Assets Ratio
Lundin Gold Inc working capital to net assets ratio. 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. Check Lundin Gold Inc (LUG) tangible equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Lundin Gold Inc (1998–2024)
Working capital to net assets ratio of Lundin Gold Inc from 1998 to 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. See LUG cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Lundin Gold Inc Working Capital to Net Assets Ratio by Year (1998–2024)
Lundin Gold Inc working capital to net assets ratio by year from 1998 to 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 the complete balance sheet picture, see total assets of Lundin Gold Inc.
| 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 | — |