GETT Gold Inc (GETT) — Working Capital to Net Assets Ratio
GETT Gold Inc (GETT) has a Working Capital to Net Assets ratio of 103.5% as of June 2024. Working capital of CA$-18.02 Million (current assets of CA$509.11K minus current liabilities of CA$18.53 Million) is measured against net assets of CA$-17.41 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See GETT equity to assets ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
GETT Gold Inc Working Capital to Net Assets (2018–2023)
This chart shows how GETT Gold Inc's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2018 to 2023. As of June 2024, the ratio stands at 103.5%, reflecting working capital of CA$-18.02 Million against net assets of CA$-17.41 Million CAD. Check GETT tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for GETT Gold Inc (2018–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for GETT Gold Inc from 2018 to 2023, covering 6 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 how much is GETT Gold Inc worth.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 104.9% | CA$-14.69 Million | CA$-14.00 Million | CA$1.53 Million | CA$16.22 Million | ▼ -5.9 pp |
| 2022 | 110.9% | CA$-2.57 Million | CA$-2.32 Million | CA$3.59 Million | CA$6.16 Million | ▼ -62.0 pp |
| 2021 | 172.8% | CA$-16.72 Million | CA$-9.67 Million | CA$1.15 Million | CA$17.86 Million | ▲ +89.0 pp |
| 2020 | 83.9% | CA$-7.05 Million | CA$-8.40 Million | CA$866.25K | CA$7.91 Million | ▼ -26.3 pp |
| 2019 | 110.1% | CA$-6.38 Million | CA$-5.80 Million | CA$1.66 Million | CA$8.04 Million | ▲ +5.3 pp |
| 2018 | 104.8% | CA$-5.72 Million | CA$-5.45 Million | CA$50.15K | CA$5.77 Million | — |