Goldex Resources Corp (GDX) — Working Capital to Net Assets Ratio
Goldex Resources Corp (GDX) has a Working Capital to Net Assets ratio of 98.9% as of September 2024. Working capital of CA$-636.68K (current assets of CA$5.26K minus current liabilities of CA$641.95K) is measured against net assets of CA$-644.02K. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of Goldex Resources Corp to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Goldex Resources Corp Working Capital to Net Assets (2013–2023)
This chart shows how Goldex Resources Corp's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2013 to 2023. As of September 2024, the ratio stands at 98.9%, reflecting working capital of CA$-636.68K against net assets of CA$-644.02K CAD. Check GDX intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Goldex Resources Corp (2013–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Goldex Resources Corp from 2013 to 2023, covering 11 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 GDX stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 194.8% | CA$-535.06K | CA$-274.61K | CA$11.22K | CA$546.28K | ▲ +29.8 pp |
| 2022 | 165.1% | CA$-483.03K | CA$-292.63K | CA$7.29K | CA$490.32K | ▲ +501.8 pp |
| 2021 | -336.8% | CA$-370.91K | CA$110.14K | CA$2.95K | CA$373.86K | ▼ -503.0 pp |
| 2020 | 166.2% | CA$-2.06 Million | CA$-1.24 Million | CA$10.10K | CA$2.07 Million | ▼ -7.8 pp |
| 2019 | 174.1% | CA$-1.91 Million | CA$-1.10 Million | CA$14.76K | CA$1.93 Million | ▼ -1.8 pp |
| 2018 | 175.8% | CA$-1.62 Million | CA$-922.52K | CA$16.43K | CA$1.64 Million | ▼ -30.8 pp |
| 2017 | 206.7% | CA$-1.32 Million | CA$-639.30K | CA$15.61K | CA$1.34 Million | ▲ +108.8 pp |
| 2016 | 97.8% | CA$-642.84K | CA$-657.04K | CA$41.45K | CA$684.29K | ▼ -108.7 pp |
| 2015 | 206.5% | CA$-1.95 Million | CA$-942.58K | CA$114.82K | CA$2.06 Million | ▲ +367.2 pp |
| 2014 | -160.7% | CA$-1.69 Million | CA$1.05 Million | CA$98.90K | CA$1.79 Million | ▼ -80.4 pp |
| 2013 | -80.3% | CA$-1.37 Million | CA$1.71 Million | CA$101.09K | CA$1.47 Million | — |