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 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
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. For the complete balance sheet picture, see GER total asset value.
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. Check GER asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
| 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 | — |