E2Gold Inc (ETU) — Working Capital to Net Assets Ratio
E2Gold Inc (ETU) has a Working Capital to Net Assets ratio of 100.2% as of April 2025. Working capital of CA$-1.61 Million (current assets of CA$183.69K minus current liabilities of CA$1.80 Million) is measured against net assets of CA$-1.61 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how financially flexible is E2Gold Inc to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
E2Gold Inc Working Capital to Net Assets (2020–2024)
This chart shows how E2Gold Inc's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2020 to 2024. As of April 2025, the ratio stands at 100.2%, reflecting working capital of CA$-1.61 Million against net assets of CA$-1.61 Million CAD. See ETU cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for E2Gold Inc (2020–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for E2Gold Inc from 2020 to 2024, covering 5 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 live market cap and the full company profile, see how much is E2Gold Inc worth.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 100.5% | CA$-1.20 Million | CA$-1.19 Million | CA$186.37K | CA$1.38 Million | ▼ -3.3 pp |
| 2023 | 103.8% | CA$-856.84K | CA$-825.64K | CA$372.07K | CA$1.23 Million | ▲ +6.4 pp |
| 2022 | 97.4% | CA$1.92 Million | CA$1.97 Million | CA$2.68 Million | CA$756.01K | ▼ -1.6 pp |
| 2021 | 99.0% | CA$4.91 Million | CA$4.97 Million | CA$6.20 Million | CA$1.29 Million | ▼ -1.0 pp |
| 2020 | 100.0% | CA$80.89K | CA$80.89K | CA$184.94K | CA$104.05K | — |