SolGold PLC Working Capital to Net Assets Ratio
SolGold PLC 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. Check tangible net worth ratio of SolGold PLC 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 SolGold PLC (2006–2024)
Working capital to net assets ratio of SolGold PLC from 2006 to 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$238.11 Million CAD. See SOLG cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
SolGold PLC Working Capital to Net Assets Ratio by Year (2006–2024)
SolGold PLC working capital to net assets ratio by year from 2006 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for SolGold PLC from 2006 to 2024, covering 19 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see SOLG total assets.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -3.2% | CA$-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 | — |