Mogo Inc (MOGO) — Working Capital to Net Assets Ratio
Mogo Inc (MOGO) has a Working Capital to Net Assets ratio of 49.0% as of September 2025. Working capital of CA$37.98 Million (current assets of CA$105.52 Million minus current liabilities of CA$67.55 Million) is measured against net assets of CA$77.46 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See MOGO net asset quality score to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Mogo Inc Working Capital to Net Assets (2012–2024)
This chart shows how Mogo Inc's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 49.0%, reflecting working capital of CA$37.98 Million against net assets of CA$77.46 Million CAD. Check MOGO tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Mogo Inc (2012–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Mogo Inc from 2012 to 2024, covering 13 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 value of Mogo Inc.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 44.1% | CA$35.81 Million | CA$81.22 Million | CA$106.78 Million | CA$70.97 Million | ▲ +23.6 pp |
| 2023 | 20.4% | CA$19.17 Million | CA$93.72 Million | CA$92.65 Million | CA$73.49 Million | ▼ -9.2 pp |
| 2022 | 29.7% | CA$32.92 Million | CA$110.89 Million | CA$100.08 Million | CA$67.16 Million | ▲ +3.9 pp |
| 2021 | 25.8% | CA$69.58 Million | CA$269.78 Million | CA$135.34 Million | CA$65.77 Million | ▼ -296.1 pp |
| 2020 | 321.9% | CA$16.85 Million | CA$5.24 Million | CA$62.34 Million | CA$45.49 Million | ▼ -511.1 pp |
| 2019 | 833.0% | CA$14.59 Million | CA$1.75 Million | CA$102.32 Million | CA$87.73 Million | ▲ +1117.1 pp |
| 2018 | -284.1% | CA$24.70 Million | CA$-8.69 Million | CA$110.29 Million | CA$85.58 Million | ▼ -658.3 pp |
| 2017 | 374.1% | CA$51.61 Million | CA$13.79 Million | CA$116.19 Million | CA$64.58 Million | ▼ -160.8 pp |
| 2016 | 534.9% | CA$30.50 Million | CA$5.70 Million | CA$82.04 Million | CA$51.54 Million | ▲ +281.2 pp |
| 2015 | 253.7% | CA$50.81 Million | CA$20.03 Million | CA$96.25 Million | CA$45.44 Million | ▲ +718.5 pp |
| 2014 | -464.8% | CA$28.91 Million | CA$-6.22 Million | CA$45.36 Million | CA$16.44 Million | ▼ -460.7 pp |
| 2013 | -4.1% | CA$1.33 Million | CA$-32.45 Million | CA$1.45 Million | CA$124.83K | ▼ -1.3 pp |
| 2012 | -2.8% | CA$748.63K | CA$-26.93 Million | CA$958.54K | CA$209.91K | — |