Engineer Gold Mines Ltd (EAU) — Working Capital to Net Assets Ratio

Latest as of February 2026: -18.0%

Engineer Gold Mines Ltd (EAU) has a Working Capital to Net Assets ratio of -18.0% as of February 2026. Working capital of CA$-676.19K (current assets of CA$32.66K minus current liabilities of CA$708.84K) is measured against net assets of CA$3.76 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See EAU cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

WC/NA Ratio

-18.0%
Working Capital / Net Assets

Working Capital

CA$-676.19K
CAD

Current Assets

CA$32.66K
CAD

Current Liabilities

CA$708.84K
CAD

Engineer Gold Mines Ltd Working Capital to Net Assets (2018–2025)

This chart shows how Engineer Gold Mines Ltd's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2018 to 2025. As of February 2026, the ratio stands at -18.0%, reflecting working capital of CA$-676.19K against net assets of CA$3.76 Million CAD. For the complete balance sheet picture, see EAU asset base.

Annual Working Capital to Net Assets for Engineer Gold Mines Ltd (2018–2025)

The table below presents the year-by-year Working Capital to Net Assets ratio for Engineer Gold Mines Ltd from 2018 to 2025, covering 8 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 debt load of Engineer Gold Mines Ltd for a breakdown of total debt and financial obligations.

Year WC/NA Ratio Working Capital (CAD) Net Assets Current Assets Current Liabilities Change (pp)
2025 -16.6% CA$-626.98K CA$3.79 Million CA$20.03K CA$647.01K ▼ -4.0 pp
2024 -12.6% CA$-491.23K CA$3.91 Million CA$21.70K CA$512.93K ▼ -3.7 pp
2023 -8.8% CA$-363.00K CA$4.11 Million CA$20.59K CA$383.59K ▼ -5.3 pp
2022 -3.5% CA$-152.01K CA$4.28 Million CA$143.61K CA$295.62K ▼ -10.5 pp
2021 7.0% CA$311.86K CA$4.47 Million CA$593.99K CA$282.13K ▲ +15.5 pp
2020 -8.5% CA$-271.46K CA$3.19 Million CA$150.38K CA$421.84K ▲ +4.1 pp
2019 -12.6% CA$-340.03K CA$2.71 Million CA$116.17K CA$456.20K ▼ -8.1 pp
2018 -4.5% CA$-71.31K CA$1.60 Million CA$123.96K CA$195.27K
pp = percentage points