Compass Gold Corp (CVB) — Working Capital to Net Assets Ratio
Compass Gold Corp (CVB) has a Working Capital to Net Assets ratio of -4.9% as of September 2025. Working capital of CA$-1.10 Million (current assets of CA$716.61K minus current liabilities of CA$1.82 Million) is measured against net assets of CA$22.49 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See CVB defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Compass Gold Corp Working Capital to Net Assets (2016–2024)
This chart shows how Compass Gold Corp's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at -4.9%, reflecting working capital of CA$-1.10 Million against net assets of CA$22.49 Million CAD. For the complete balance sheet picture, see how large is Compass Gold Corp's balance sheet.
Annual Working Capital to Net Assets for Compass Gold Corp (2016–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Compass Gold Corp from 2016 to 2024, covering 9 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Read CVB liabilities breakdown for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -4.3% | CA$-889.69K | CA$20.52 Million | CA$303.19K | CA$1.19 Million | ▼ -2.8 pp |
| 2023 | -1.5% | CA$-319.19K | CA$21.24 Million | CA$213.94K | CA$533.13K | ▼ -2.8 pp |
| 2022 | 1.3% | CA$269.04K | CA$21.30 Million | CA$475.70K | CA$206.66K | ▼ -3.7 pp |
| 2021 | 4.9% | CA$1.14 Million | CA$23.03 Million | CA$1.19 Million | CA$48.48K | ▼ -11.2 pp |
| 2020 | 16.1% | CA$3.42 Million | CA$21.24 Million | CA$4.00 Million | CA$582.84K | ▼ -6.8 pp |
| 2019 | 22.9% | CA$4.24 Million | CA$18.49 Million | CA$5.12 Million | CA$881.31K | ▲ +11.3 pp |
| 2018 | 11.6% | CA$1.35 Million | CA$11.60 Million | CA$1.72 Million | CA$375.09K | ▼ -34.1 pp |
| 2017 | 45.7% | CA$5.28 Million | CA$11.55 Million | CA$5.50 Million | CA$218.48K | ▼ -54.3 pp |
| 2016 | 100.0% | CA$-117.84K | CA$-117.84K | CA$3.41K | CA$121.25K | — |