Goldex Resources Corp Working Capital to Net Assets Ratio
Goldex Resources Corp 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. Check Goldex Resources Corp (GDX) tangible net worth to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Goldex Resources Corp (2013–2023)
Working capital to net assets ratio of Goldex Resources Corp from 2013 to 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. See GDX defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Goldex Resources Corp Working Capital to Net Assets Ratio by Year (2013–2023)
Goldex Resources Corp working capital to net assets ratio by year from 2013 to 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 the complete balance sheet picture, see Goldex Resources Corp total assets.
| 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 | — |