SolGold PLC (SOLG) — Working Capital to Net Assets Ratio
SolGold PLC (SOLG) has a Working Capital to Net Assets ratio of 4.1% as of December 2024. Working capital of CA$9.69 Million (current assets of CA$16.97 Million minus current liabilities of CA$7.28 Million) is measured against net assets of CA$238.11 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how financially flexible is SolGold PLC to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
SolGold PLC Working Capital to Net Assets (2006–2024)
This chart shows how SolGold PLC's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2006 to 2024. As of December 2024, the ratio stands at 4.1%, reflecting working capital of CA$9.69 Million against net assets of CA$238.11 Million CAD. See SOLG cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for SolGold PLC (2006–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for SolGold PLC from 2006 to 2024, covering 19 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see SolGold PLC market cap and net worth.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -3.2% | CA$-8.12 Million | CA$254.61 Million | CA$9.17 Million | CA$17.29 Million | ▼ -12.0 pp |
| 2023 | 8.9% | CA$27.72 Million | CA$312.93 Million | CA$41.50 Million | CA$13.78 Million | ▲ +0.6 pp |
| 2022 | 8.3% | CA$27.47 Million | CA$331.25 Million | CA$34.40 Million | CA$6.92 Million | ▼ -26.1 pp |
| 2021 | 34.4% | CA$116.33 Million | CA$338.62 Million | CA$124.52 Million | CA$8.18 Million | ▲ +24.4 pp |
| 2020 | 10.0% | CA$28.16 Million | CA$281.99 Million | CA$49.78 Million | CA$21.62 Million | ▼ -6.0 pp |
| 2019 | 16.0% | CA$38.12 Million | CA$238.20 Million | CA$44.64 Million | CA$6.51 Million | ▼ -17.2 pp |
| 2018 | 33.3% | CA$56.29 Million | CA$169.28 Million | CA$63.22 Million | CA$6.93 Million | ▼ -20.3 pp |
| 2017 | 53.5% | CA$67.53 Million | CA$126.19 Million | CA$69.64 Million | CA$2.11 Million | ▲ +77.0 pp |
| 2016 | -23.5% | CA$-6.14 Million | CA$26.12 Million | CA$222.62K | CA$6.36 Million | ▼ -17.3 pp |
| 2015 | -6.2% | CA$-1.43 Million | CA$23.11 Million | CA$362.59K | CA$1.79 Million | ▼ -22.7 pp |
| 2014 | 16.5% | CA$4.59 Million | CA$27.84 Million | CA$5.33 Million | CA$741.24K | ▲ +12.5 pp |
| 2013 | 4.0% | CA$686.74K | CA$17.16 Million | CA$1.09 Million | CA$400.63K | ▲ +6.0 pp |
| 2012 | -2.0% | CA$-808.31K | CA$40.71 Million | CA$930.97K | CA$1.74 Million | ▼ -21.6 pp |
| 2011 | 19.6% | CA$11.94 Million | CA$60.99 Million | CA$12.93 Million | CA$991.81K | ▲ +25.1 pp |
| 2010 | -5.5% | CA$-1.50 Million | CA$27.23 Million | CA$355.25K | CA$1.86 Million | ▼ -9.4 pp |
| 2009 | 3.9% | CA$596.41K | CA$15.31 Million | CA$1.29 Million | CA$696.48K | ▼ -5.9 pp |
| 2008 | 9.8% | CA$1.58 Million | CA$16.14 Million | CA$2.11 Million | CA$527.17K | ▼ -22.1 pp |
| 2007 | 31.8% | CA$2.80 Million | CA$8.80 Million | CA$3.25 Million | CA$446.99K | ▼ -68.2 pp |
| 2006 | 100.0% | CA$-362.07K | CA$-362.07K | CA$7.42 | CA$362.08K | — |