SolGold PLC (SOLG) — Working Capital to Net Assets Ratio

Latest as of December 2024: 4.1%

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 debt-free asset ratio of SolGold PLC to measure how much of total assets are equity-financed.

WC/NA Ratio

4.1%
Working Capital / Net Assets

Working Capital

CA$9.69 Million
CAD

Current Assets

CA$16.97 Million
CAD

Current Liabilities

CA$7.28 Million
CAD

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. Check SolGold PLC (SOLG) tangible equity ratio to evaluate the tangible quality of the company's equity base.

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 how much is SolGold PLC 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
pp = percentage points