Engold Mines Inc (EGM) — Working Capital to Net Assets Ratio
Engold Mines Inc (EGM) has a Working Capital to Net Assets ratio of -1330.8% as of March 2026. Working capital of CA$-2.58 Million (current assets of CA$10.15K minus current liabilities of CA$2.59 Million) is measured against net assets of CA$194.21K. A higher ratio indicates strong short-term liquidity financed by the equity base. See EGM cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Engold Mines Inc Working Capital to Net Assets (2013–2025)
This chart shows how Engold Mines Inc's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of March 2026, the ratio stands at -1330.8%, reflecting working capital of CA$-2.58 Million against net assets of CA$194.21K CAD. For the complete balance sheet picture, see how large is Engold Mines Inc's balance sheet.
Annual Working Capital to Net Assets for Engold Mines Inc (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Engold Mines Inc from 2013 to 2025, covering 13 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Read EGM current and long-term liabilities for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -826.9% | CA$-2.43 Million | CA$293.46K | CA$4.26K | CA$2.43 Million | ▼ -586.0 pp |
| 2024 | -240.8% | CA$-1.94 Million | CA$806.89K | CA$90.69K | CA$2.03 Million | ▼ -84.0 pp |
| 2023 | -156.8% | CA$-1.68 Million | CA$1.07 Million | CA$17.37K | CA$1.69 Million | ▼ -64.7 pp |
| 2022 | -92.1% | CA$-1.34 Million | CA$1.45 Million | CA$101.26K | CA$1.44 Million | ▼ -118.4 pp |
| 2021 | 26.3% | CA$975.24K | CA$3.70 Million | CA$3.76 Million | CA$2.78 Million | ▲ +39.0 pp |
| 2020 | -12.7% | CA$-310.29K | CA$2.44 Million | CA$416.50K | CA$726.79K | ▲ +9.2 pp |
| 2019 | -21.9% | CA$-498.81K | CA$2.27 Million | CA$138.75K | CA$637.56K | ▼ -26.0 pp |
| 2018 | 4.0% | CA$117.24K | CA$2.90 Million | CA$286.37K | CA$169.14K | ▼ -27.9 pp |
| 2017 | 31.9% | CA$1.25 Million | CA$3.91 Million | CA$1.73 Million | CA$484.38K | ▲ +38.5 pp |
| 2016 | -6.6% | CA$-164.95K | CA$2.50 Million | CA$211.09K | CA$376.04K | ▼ -5.8 pp |
| 2015 | -0.8% | CA$-22.07K | CA$2.80 Million | CA$342.01K | CA$364.08K | ▲ +6.8 pp |
| 2014 | -7.6% | CA$-235.69K | CA$3.10 Million | CA$116.62K | CA$352.31K | ▲ +10.0 pp |
| 2013 | -17.6% | CA$-511.62K | CA$2.91 Million | CA$100.36K | CA$611.98K | — |