Freeman Gold Corp (FMAN) — Working Capital to Net Assets Ratio
Freeman Gold Corp (FMAN) has a Working Capital to Net Assets ratio of 5.4% as of May 2025. Working capital of CA$1.59 Million (current assets of CA$2.99 Million minus current liabilities of CA$1.40 Million) is measured against net assets of CA$29.66 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See debt-free asset ratio of Freeman Gold Corp to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Freeman Gold Corp Working Capital to Net Assets (2019–2024)
This chart shows how Freeman Gold Corp's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2019 to 2024. As of May 2025, the ratio stands at 5.4%, reflecting working capital of CA$1.59 Million against net assets of CA$29.66 Million CAD. Check tangible equity quality of Freeman Gold Corp to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Freeman Gold Corp (2019–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Freeman Gold Corp from 2019 to 2024, covering 6 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 Freeman Gold Corp stock valuation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 13.2% | CA$4.01 Million | CA$30.44 Million | CA$4.49 Million | CA$477.95K | ▲ +9.4 pp |
| 2023 | 3.8% | CA$1.01 Million | CA$26.90 Million | CA$2.45 Million | CA$1.44 Million | ▼ -9.6 pp |
| 2022 | 13.3% | CA$3.75 Million | CA$28.12 Million | CA$5.57 Million | CA$1.82 Million | ▼ -43.9 pp |
| 2021 | 57.2% | CA$14.91 Million | CA$26.08 Million | CA$20.16 Million | CA$5.25 Million | ▲ +24.1 pp |
| 2020 | 33.1% | CA$4.39 Million | CA$13.27 Million | CA$5.30 Million | CA$910.79K | ▲ +59.4 pp |
| 2019 | -26.3% | CA$-84.25K | CA$319.84K | CA$541.00 | CA$84.80K | — |