Galantas Gold Corp (GAL) — Working Capital to Net Assets Ratio
Galantas Gold Corp (GAL) has a Working Capital to Net Assets ratio of -63.4% as of September 2025. Working capital of CA$-2.56 Million (current assets of CA$209.47K minus current liabilities of CA$2.77 Million) is measured against net assets of CA$4.04 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See GAL equity to assets ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Galantas Gold Corp Working Capital to Net Assets (2001–2024)
This chart shows how Galantas Gold Corp's Working Capital to Net Assets ratio has evolved across 24 annual periods from 2001 to 2024. As of September 2025, the ratio stands at -63.4%, reflecting working capital of CA$-2.56 Million against net assets of CA$4.04 Million CAD. Check Galantas Gold Corp (GAL) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Galantas Gold Corp (2001–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Galantas Gold Corp from 2001 to 2024, covering 24 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see GAL market cap.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -142.2% | CA$-16.22 Million | CA$11.41 Million | CA$1.10 Million | CA$17.32 Million | ▼ -31.2 pp |
| 2023 | -110.9% | CA$-12.60 Million | CA$11.36 Million | CA$4.21 Million | CA$16.81 Million | ▼ -36.0 pp |
| 2022 | -74.9% | CA$-11.03 Million | CA$14.71 Million | CA$2.93 Million | CA$13.96 Million | ▼ -69.3 pp |
| 2021 | -5.7% | CA$-1.10 Million | CA$19.39 Million | CA$2.46 Million | CA$3.55 Million | ▲ +48.9 pp |
| 2020 | -54.6% | CA$-7.71 Million | CA$14.12 Million | CA$1.29 Million | CA$9.00 Million | ▼ -11.8 pp |
| 2019 | -42.8% | CA$-6.09 Million | CA$14.22 Million | CA$2.40 Million | CA$8.49 Million | ▼ -41.1 pp |
| 2018 | -1.7% | CA$-272.78K | CA$15.84 Million | CA$6.49 Million | CA$6.76 Million | ▲ +39.1 pp |
| 2017 | -40.8% | CA$-3.49 Million | CA$8.55 Million | CA$1.11 Million | CA$4.60 Million | ▲ +6.3 pp |
| 2016 | -47.1% | CA$-3.10 Million | CA$6.57 Million | CA$687.59K | CA$3.78 Million | ▲ +2.5 pp |
| 2015 | -49.6% | CA$-3.61 Million | CA$7.26 Million | CA$1.81 Million | CA$5.42 Million | ▲ +24.3 pp |
| 2014 | -73.9% | CA$-3.73 Million | CA$5.05 Million | CA$233.61K | CA$3.97 Million | ▼ -25.2 pp |
| 2013 | -48.7% | CA$-3.90 Million | CA$8.01 Million | CA$910.61K | CA$4.81 Million | ▼ -23.5 pp |
| 2012 | -25.3% | CA$-2.31 Million | CA$9.14 Million | CA$2.16 Million | CA$4.47 Million | ▼ -18.1 pp |
| 2011 | -7.2% | CA$-536.14K | CA$7.50 Million | CA$5.64 Million | CA$6.18 Million | ▼ -4.1 pp |
| 2010 | -3.1% | CA$-292.34K | CA$9.46 Million | CA$3.82 Million | CA$4.12 Million | ▲ +57.1 pp |
| 2009 | -60.2% | CA$-3.71 Million | CA$6.16 Million | CA$1.59 Million | CA$5.30 Million | ▼ -31.3 pp |
| 2008 | -28.9% | CA$-3.54 Million | CA$12.25 Million | CA$1.57 Million | CA$5.11 Million | ▼ -19.2 pp |
| 2007 | -9.7% | CA$-1.50 Million | CA$15.44 Million | CA$1.88 Million | CA$3.37 Million | ▼ -3.7 pp |
| 2006 | -6.0% | CA$-808.55K | CA$13.42 Million | CA$947.48K | CA$1.76 Million | ▼ -18.1 pp |
| 2005 | 12.1% | CA$507.00K | CA$4.20 Million | CA$832.00K | CA$325.00K | ▲ +14.4 pp |
| 2004 | -2.3% | CA$-115.64K | CA$5.00 Million | CA$455.98K | CA$571.62K | ▼ -12.6 pp |
| 2003 | 10.3% | CA$552.77K | CA$5.35 Million | CA$1.02 Million | CA$469.17K | ▲ +10.0 pp |
| 2002 | 0.3% | CA$17.26K | CA$5.04 Million | CA$362.89K | CA$345.63K | ▲ +89.7 pp |
| 2001 | -89.4% | CA$-96.11K | CA$107.54K | CA$39.64K | CA$135.75K | — |