Cerrado Gold Corp (CERT) — Working Capital to Net Assets Ratio
Cerrado Gold Corp (CERT) has a Working Capital to Net Assets ratio of -57.9% as of March 2026. Working capital of CA$-37.57 Million (current assets of CA$206.37 Million minus current liabilities of CA$243.94 Million) is measured against net assets of CA$64.83 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See CERT defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Cerrado Gold Corp Working Capital to Net Assets (2021–2025)
This chart shows how Cerrado Gold Corp's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2021 to 2025. As of March 2026, the ratio stands at -57.9%, reflecting working capital of CA$-37.57 Million against net assets of CA$64.83 Million CAD. For the complete balance sheet picture, see total assets of Cerrado Gold Corp.
Annual Working Capital to Net Assets for Cerrado Gold Corp (2021–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Cerrado Gold Corp from 2021 to 2025, covering 5 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check asset resilience ratio of Cerrado Gold Corp to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -70.9% | CA$-36.67 Million | CA$51.71 Million | CA$160.97 Million | CA$197.64 Million | ▼ -45.8 pp |
| 2024 | -25.1% | CA$-12.94 Million | CA$51.50 Million | CA$117.56 Million | CA$130.50 Million | ▲ +246.8 pp |
| 2023 | -271.9% | CA$-67.39 Million | CA$24.78 Million | CA$79.36 Million | CA$146.75 Million | ▼ -184.8 pp |
| 2022 | -87.1% | CA$-11.64 Million | CA$13.35 Million | CA$66.69 Million | CA$78.33 Million | ▲ +2.4 pp |
| 2021 | -89.6% | CA$-13.54 Million | CA$15.12 Million | CA$46.02 Million | CA$59.56 Million | — |