TRX Gold Corporation Working Capital to Net Assets Ratio
TRX Gold Corporation working capital to net assets ratio. TRX Gold Corporation (TRX) has a Working Capital to Net Assets ratio of 28.6% as of February 2026. Working capital of CA$32.10 Million (current assets of CA$55.55 Million minus current liabilities of CA$23.45 Million) is measured against net assets of CA$112.43 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of TRX Gold Corporation (1998–2025)
Working capital to net assets ratio of TRX Gold Corporation from 1998 to 2025. This chart shows how TRX Gold Corporation's Working Capital to Net Assets ratio has evolved across 28 annual periods from 1998 to 2025. As of February 2026, the ratio stands at 28.6%, reflecting working capital of CA$32.10 Million against net assets of CA$112.43 Million CAD. See TRX days of operational coverage to measure how many days the company can operate on defensive assets alone.
TRX Gold Corporation Working Capital to Net Assets Ratio by Year (1998–2025)
TRX Gold Corporation working capital to net assets ratio by year from 1998 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for TRX Gold Corporation from 1998 to 2025, covering 28 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 TRX total assets.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 2.3% | CA$1.31 Million | CA$57.27 Million | CA$25.84 Million | CA$24.54 Million | ▲ +8.7 pp |
| 2024 | -6.4% | CA$-3.50 Million | CA$54.90 Million | CA$17.78 Million | CA$21.28 Million | ▼ -5.4 pp |
| 2023 | -1.0% | CA$-617.00K | CA$61.06 Million | CA$17.19 Million | CA$17.81 Million | ▲ +1.7 pp |
| 2022 | -2.7% | CA$-1.40 Million | CA$51.16 Million | CA$15.85 Million | CA$17.25 Million | ▼ -20.0 pp |
| 2021 | 17.2% | CA$8.01 Million | CA$46.42 Million | CA$15.42 Million | CA$7.41 Million | ▲ +38.1 pp |
| 2020 | -20.9% | CA$-5.18 Million | CA$24.83 Million | CA$5.39 Million | CA$10.57 Million | ▲ +25.4 pp |
| 2019 | -46.3% | CA$-6.81 Million | CA$14.71 Million | CA$3.09 Million | CA$9.90 Million | ▼ -11.3 pp |
| 2018 | -35.0% | CA$-9.25 Million | CA$26.43 Million | CA$1.02 Million | CA$10.27 Million | ▼ -16.9 pp |
| 2017 | -18.1% | CA$-5.19 Million | CA$28.72 Million | CA$1.52 Million | CA$6.71 Million | ▲ +15.6 pp |
| 2016 | -33.7% | CA$-9.04 Million | CA$26.86 Million | CA$788.59K | CA$9.83 Million | ▼ -23.5 pp |
| 2015 | -10.2% | CA$-3.54 Million | CA$34.79 Million | CA$1.17 Million | CA$4.71 Million | ▼ -12.7 pp |
| 2014 | 2.6% | CA$1.22 Million | CA$47.37 Million | CA$2.40 Million | CA$1.19 Million | ▼ -7.8 pp |
| 2013 | 10.4% | CA$5.14 Million | CA$49.63 Million | CA$10.71 Million | CA$5.57 Million | ▼ -25.4 pp |
| 2012 | 35.8% | CA$18.29 Million | CA$51.11 Million | CA$20.63 Million | CA$2.33 Million | ▼ -12.8 pp |
| 2011 | 48.6% | CA$31.11 Million | CA$64.03 Million | CA$33.63 Million | CA$2.52 Million | ▲ +44.9 pp |
| 2010 | 3.7% | CA$1.05 Million | CA$28.59 Million | CA$1.64 Million | CA$585.43K | ▲ +0.4 pp |
| 2009 | 3.3% | CA$861.19K | CA$26.11 Million | CA$1.49 Million | CA$624.67K | ▼ -1.5 pp |
| 2008 | 4.8% | CA$1.19 Million | CA$24.83 Million | CA$1.70 Million | CA$514.36K | ▼ -1.5 pp |
| 2007 | 6.2% | CA$1.46 Million | CA$23.42 Million | CA$2.03 Million | CA$570.84K | ▼ -5.5 pp |
| 2006 | 11.7% | CA$2.57 Million | CA$21.87 Million | CA$3.10 Million | CA$537.30K | ▲ +5.4 pp |
| 2005 | 6.3% | CA$1.17 Million | CA$18.42 Million | CA$1.34 Million | CA$174.65K | ▼ -2.7 pp |
| 2004 | 9.0% | CA$1.46 Million | CA$16.22 Million | CA$1.57 Million | CA$111.73K | ▼ -1.3 pp |
| 2003 | 10.3% | CA$1.51 Million | CA$14.68 Million | CA$1.84 Million | CA$331.57K | ▲ +0.5 pp |
| 2002 | 9.8% | CA$1.23 Million | CA$12.58 Million | CA$1.37 Million | CA$140.52K | ▼ -8.6 pp |
| 2001 | 18.4% | CA$1.41 Million | CA$7.66 Million | CA$1.78 Million | CA$364.50K | ▲ +6.3 pp |
| 2000 | 12.1% | CA$698.34K | CA$5.79 Million | CA$1.04 Million | CA$345.41K | ▲ +9.6 pp |
| 1999 | 2.5% | CA$139.30K | CA$5.64 Million | CA$342.48K | CA$203.18K | ▼ -10.5 pp |
| 1998 | 13.0% | CA$876.79K | CA$6.76 Million | CA$930.11K | CA$53.31K | — |