Glen Eagle Resources Inc (GER) — Working Capital to Net Assets Ratio
Glen Eagle Resources Inc (GER) has a Working Capital to Net Assets ratio of 391.6% as of September 2023. Working capital of CA$-3.73 Million (current assets of CA$272.81K minus current liabilities of CA$4.00 Million) is measured against net assets of CA$-952.83K. A higher ratio indicates strong short-term liquidity financed by the equity base. See Glen Eagle Resources Inc free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Glen Eagle Resources Inc Working Capital to Net Assets (2001–2022)
This chart shows how Glen Eagle Resources Inc's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2001 to 2022. As of September 2023, the ratio stands at 391.6%, reflecting working capital of CA$-3.73 Million against net assets of CA$-952.83K CAD. See how many days can Glen Eagle Resources Inc fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Glen Eagle Resources Inc (2001–2022)
The table below presents the year-by-year Working Capital to Net Assets ratio for Glen Eagle Resources Inc from 2001 to 2022, covering 22 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 Glen Eagle Resources Inc market cap and net worth.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | -288.5% | CA$-2.61 Million | CA$905.45K | CA$982.00K | CA$3.59 Million | ▼ -199.9 pp |
| 2021 | -88.6% | CA$-939.45K | CA$1.06 Million | CA$700.25K | CA$1.64 Million | ▲ +17.0 pp |
| 2020 | -105.6% | CA$-1.15 Million | CA$1.09 Million | CA$270.50K | CA$1.42 Million | ▼ -65.3 pp |
| 2019 | -40.2% | CA$-693.72K | CA$1.72 Million | CA$309.17K | CA$1.00 Million | ▼ -31.5 pp |
| 2018 | -8.8% | CA$-363.91K | CA$4.14 Million | CA$366.39K | CA$730.30K | ▼ -9.9 pp |
| 2017 | 1.2% | CA$51.11K | CA$4.43 Million | CA$761.31K | CA$710.20K | ▼ -19.6 pp |
| 2016 | 20.8% | CA$1.12 Million | CA$5.38 Million | CA$1.67 Million | CA$556.23K | ▲ +46.0 pp |
| 2015 | -25.2% | CA$-1.06 Million | CA$4.19 Million | CA$139.75K | CA$1.20 Million | ▼ -39.2 pp |
| 2014 | 14.0% | CA$723.55K | CA$5.17 Million | CA$1.02 Million | CA$299.87K | ▲ +4.3 pp |
| 2013 | 9.7% | CA$461.21K | CA$4.74 Million | CA$657.27K | CA$196.06K | ▼ -3.3 pp |
| 2012 | 13.0% | CA$601.97K | CA$4.62 Million | CA$788.89K | CA$186.92K | ▼ -32.5 pp |
| 2011 | 45.5% | CA$1.81 Million | CA$3.98 Million | CA$2.51 Million | CA$698.32K | ▲ +20.3 pp |
| 2010 | 25.2% | CA$233.97K | CA$929.62K | CA$321.96K | CA$87.99K | ▼ -75.5 pp |
| 2009 | 100.6% | CA$-173.26K | CA$-172.20K | CA$16.42K | CA$189.69K | ▲ +68.9 pp |
| 2008 | 31.7% | CA$29.58K | CA$93.26K | CA$79.26K | CA$49.68K | ▲ +0.3 pp |
| 2007 | 31.4% | CA$173.61K | CA$552.64K | CA$211.12K | CA$37.50K | ▼ -65.4 pp |
| 2006 | 96.8% | CA$413.33K | CA$426.94K | CA$439.71K | CA$26.38K | ▲ +89.3 pp |
| 2005 | 7.5% | CA$21.63K | CA$286.80K | CA$97.17K | CA$75.54K | ▼ -5.7 pp |
| 2004 | 13.2% | CA$41.31K | CA$312.27K | CA$270.30K | CA$229.00K | ▼ -16.8 pp |
| 2003 | 30.1% | CA$360.22K | CA$1.20 Million | CA$1.05 Million | CA$689.63K | ▲ +79.0 pp |
| 2002 | -49.0% | CA$-741.40K | CA$1.51 Million | CA$64.31K | CA$805.71K | ▼ -39.0 pp |
| 2001 | -10.0% | CA$-129.02K | CA$1.29 Million | CA$291.23K | CA$420.25K | — |