Montage Gold Corp. (MAU) — Working Capital to Net Assets Ratio
Montage Gold Corp. (MAU) has a Working Capital to Net Assets ratio of 49.7% as of March 2026. Working capital of CA$54.59 Million (current assets of CA$88.56 Million minus current liabilities of CA$33.98 Million) is measured against net assets of CA$109.88 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See MAU FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Montage Gold Corp. Working Capital to Net Assets (2018–2025)
This chart shows how Montage Gold Corp.'s Working Capital to Net Assets ratio has evolved across 8 annual periods from 2018 to 2025. As of March 2026, the ratio stands at 49.7%, reflecting working capital of CA$54.59 Million against net assets of CA$109.88 Million CAD. See MAU days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Montage Gold Corp. (2018–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Montage Gold Corp. from 2018 to 2025, covering 8 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 cap of Montage Gold Corp..
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 150.3% | CA$175.00 Million | CA$116.44 Million | CA$210.10 Million | CA$35.10 Million | ▲ +88.8 pp |
| 2024 | 61.4% | CA$126.23 Million | CA$205.43 Million | CA$167.05 Million | CA$40.82 Million | ▲ +48.1 pp |
| 2023 | 13.4% | CA$5.94 Million | CA$44.34 Million | CA$7.18 Million | CA$1.25 Million | ▼ -1.0 pp |
| 2022 | 14.4% | CA$7.18 Million | CA$49.80 Million | CA$9.35 Million | CA$2.17 Million | ▼ -31.2 pp |
| 2021 | 45.6% | CA$10.17 Million | CA$22.31 Million | CA$11.27 Million | CA$1.10 Million | ▼ -25.3 pp |
| 2020 | 70.9% | CA$31.61 Million | CA$44.58 Million | CA$33.73 Million | CA$2.12 Million | ▲ +28.9 pp |
| 2019 | 42.0% | CA$8.84 Million | CA$21.07 Million | CA$9.71 Million | CA$863.40K | ▲ +38.5 pp |
| 2018 | 3.4% | CA$194.82K | CA$5.68 Million | CA$268.26K | CA$73.44K | — |