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 debt-free asset ratio of E2Gold Inc to measure how much of total assets are equity-financed.
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. Check ETU tangible net worth ratio to evaluate the tangible quality of the company's equity base.
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 ETU market cap.
| 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 | — |