Durango Resources Inc. Working Capital to Net Assets Ratio
Durango Resources Inc. 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$767.26K. A higher ratio indicates strong short-term liquidity financed by the equity base. Check DGO intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Durango Resources Inc. (2008–2024)
Working capital to net assets ratio of Durango Resources Inc. from 2008 to 2024. This chart shows how Durango Resources Inc.'s Working Capital to Net Assets ratio has evolved across 17 annual periods from 2008 to 2024. As of January 2025, the ratio stands at -86.1%, reflecting working capital of CA$-660.73K against net assets of CA$767.26K CAD. See DGO defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Durango Resources Inc. Working Capital to Net Assets Ratio by Year (2008–2024)
Durango Resources Inc. working capital to net assets ratio by year from 2008 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Durango Resources Inc. from 2008 to 2024, covering 17 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see DGO total asset value.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -45.9% | CA$-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 | — |