GETT Gold Inc Working Capital to Net Assets Ratio
GETT Gold Inc 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. Check GETT goodwill-adjusted equity ratio 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 GETT Gold Inc (2018–2023)
Working capital to net assets ratio of GETT Gold Inc from 2018 to 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. See defensive interval ratio of GETT Gold Inc to measure how many days the company can operate on defensive assets alone.
GETT Gold Inc Working Capital to Net Assets Ratio by Year (2018–2023)
GETT Gold Inc working capital to net assets ratio by year from 2018 to 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 the complete balance sheet picture, see GETT Gold Inc balance sheet assets.
| 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 | — |