Steppe Gold Ltd Working Capital to Net Assets Ratio
Steppe Gold Ltd working capital to net assets ratio. Steppe Gold Ltd (STGO) has a Working Capital to Net Assets ratio of 65.5% as of March 2026. Working capital of CA$105.76 Million (current assets of CA$230.15 Million minus current liabilities of CA$124.39 Million) is measured against net assets of CA$161.51 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Steppe Gold Ltd tangible net worth ratio 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 Steppe Gold Ltd (2016–2025)
Working capital to net assets ratio of Steppe Gold Ltd from 2016 to 2025. This chart shows how Steppe Gold Ltd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 65.5%, reflecting working capital of CA$105.76 Million against net assets of CA$161.51 Million CAD. See STGO cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Steppe Gold Ltd Working Capital to Net Assets Ratio by Year (2016–2025)
Steppe Gold Ltd working capital to net assets ratio by year from 2016 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Steppe Gold Ltd from 2016 to 2025, covering 10 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 STGO asset base.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 75.2% | CA$107.34 Million | CA$142.82 Million | CA$217.22 Million | CA$109.89 Million | ▼ -62.1 pp |
| 2024 | 137.2% | CA$151.02 Million | CA$110.06 Million | CA$215.80 Million | CA$64.77 Million | ▲ +81.6 pp |
| 2023 | 55.6% | CA$26.68 Million | CA$48.00 Million | CA$53.96 Million | CA$27.28 Million | ▲ +87.8 pp |
| 2022 | -32.2% | CA$-5.54 Million | CA$17.22 Million | CA$29.58 Million | CA$35.12 Million | ▲ +547.9 pp |
| 2021 | -580.1% | CA$-40.70 Million | CA$7.01 Million | CA$32.25 Million | CA$72.94 Million | ▼ -612.0 pp |
| 2020 | 31.9% | CA$13.19 Million | CA$41.33 Million | CA$33.40 Million | CA$20.21 Million | ▲ +141.9 pp |
| 2019 | -110.0% | CA$-12.17 Million | CA$11.07 Million | CA$10.18 Million | CA$22.35 Million | ▼ -127.5 pp |
| 2018 | 17.6% | CA$2.92 Million | CA$16.61 Million | CA$9.43 Million | CA$6.51 Million | ▲ +61.6 pp |
| 2017 | -44.0% | CA$-1.58 Million | CA$3.59 Million | CA$4.09 Million | CA$5.67 Million | ▼ -144.0 pp |
| 2016 | 100.0% | CA$114.35K | CA$114.35K | CA$288.59K | CA$174.24K | — |