Durango Resources Inc. (DGO) — Working Capital to Net Assets Ratio
Durango Resources Inc. (DGO) has a Working Capital to Net Assets ratio of -86.1% as of January 2025. Working capital of CA$-660.73K (current assets of CA$47.90K minus current liabilities of CA$708.63K) is measured against net assets of CA$767.26K. A higher ratio indicates strong short-term liquidity financed by the equity base. See Durango Resources Inc. defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Durango Resources Inc. Working Capital to Net Assets (2008–2024)
This chart shows how Durango Resources Inc.'s Working Capital to Net Assets ratio has evolved across 17 annual periods from 2008 to 2024. As of January 2025, the ratio stands at -86.1%, reflecting working capital of CA$-660.73K against net assets of CA$767.26K CAD. For the complete balance sheet picture, see DGO total assets.
Annual Working Capital to Net Assets for Durango Resources Inc. (2008–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Durango Resources Inc. from 2008 to 2024, covering 17 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check Durango Resources Inc. (DGO) asset resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -45.9% | CA$-430.08K | CA$937.60K | CA$172.09K | CA$602.17K | ▼ -59.9 pp |
| 2023 | 14.1% | CA$153.31K | CA$1.09 Million | CA$622.20K | CA$468.89K | ▲ +0.5 pp |
| 2022 | 13.5% | CA$114.13K | CA$844.14K | CA$257.60K | CA$143.47K | ▼ -1.7 pp |
| 2021 | 15.3% | CA$429.96K | CA$2.82 Million | CA$527.92K | CA$97.95K | ▼ -15.5 pp |
| 2020 | 30.8% | CA$206.82K | CA$672.56K | CA$492.79K | CA$285.97K | ▼ -1.7 pp |
| 2019 | 32.5% | CA$208.21K | CA$640.95K | CA$350.67K | CA$142.47K | ▲ +2.5 pp |
| 2018 | 30.0% | CA$844.67K | CA$2.82 Million | CA$1.12 Million | CA$277.92K | ▼ -16.2 pp |
| 2017 | 46.2% | CA$1.40 Million | CA$3.03 Million | CA$1.46 Million | CA$63.00K | ▲ +24.1 pp |
| 2016 | 22.2% | CA$372.07K | CA$1.68 Million | CA$515.22K | CA$143.15K | ▲ +76.4 pp |
| 2015 | -54.2% | CA$-260.57K | CA$480.72K | CA$13.83K | CA$274.41K | ▼ -42.3 pp |
| 2014 | -11.9% | CA$-75.45K | CA$634.72K | CA$76.55K | CA$152.00K | ▼ -10.7 pp |
| 2013 | -1.2% | CA$-7.16K | CA$600.97K | CA$66.09K | CA$73.25K | ▼ -14.9 pp |
| 2012 | 13.7% | CA$259.23K | CA$1.89 Million | CA$357.87K | CA$98.64K | ▼ -14.9 pp |
| 2011 | 28.6% | CA$842.76K | CA$2.95 Million | CA$924.74K | CA$81.98K | ▼ -5.8 pp |
| 2010 | 34.4% | CA$575.36K | CA$1.67 Million | CA$599.24K | CA$23.88K | ▼ -36.7 pp |
| 2009 | 71.0% | CA$473.80K | CA$667.23K | CA$495.72K | CA$21.92K | ▲ +129.8 pp |
| 2008 | -58.8% | CA$-97.92K | CA$166.53K | CA$39.60K | CA$137.53K | — |