GFG Resources Inc Working Capital to Net Assets Ratio
GFG Resources Inc working capital to net assets ratio. GFG Resources Inc (GFG) has a Working Capital to Net Assets ratio of 9.8% as of March 2026. Working capital of CA$4.38 Million (current assets of CA$5.78 Million minus current liabilities of CA$1.39 Million) is measured against net assets of CA$44.92 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check how tangible is GFG Resources Inc's equity 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 GFG Resources Inc (2013–2024)
Working capital to net assets ratio of GFG Resources Inc from 2013 to 2024. This chart shows how GFG Resources Inc's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2013 to 2024. As of March 2026, the ratio stands at 9.8%, reflecting working capital of CA$4.38 Million against net assets of CA$44.92 Million CAD. See GFG Resources Inc defensive interval ratio to measure how many days the company can operate on defensive assets alone.
GFG Resources Inc Working Capital to Net Assets Ratio by Year (2013–2024)
GFG Resources Inc working capital to net assets ratio by year from 2013 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for GFG Resources Inc from 2013 to 2024, covering 12 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 GFG Resources Inc total assets.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 3.9% | CA$1.31 Million | CA$33.71 Million | CA$2.31 Million | CA$1.00 Million | ▼ -4.6 pp |
| 2023 | 8.5% | CA$2.73 Million | CA$32.14 Million | CA$3.70 Million | CA$971.02K | ▲ +5.0 pp |
| 2022 | 3.5% | CA$1.33 Million | CA$38.15 Million | CA$1.79 Million | CA$458.20K | ▲ +0.2 pp |
| 2021 | 3.2% | CA$1.13 Million | CA$34.71 Million | CA$1.79 Million | CA$658.57K | ▼ -11.6 pp |
| 2020 | 14.9% | CA$5.18 Million | CA$34.84 Million | CA$7.19 Million | CA$2.01 Million | ▲ +11.1 pp |
| 2019 | 3.8% | CA$1.09 Million | CA$28.58 Million | CA$1.70 Million | CA$614.64K | ▼ -9.0 pp |
| 2018 | 12.9% | CA$3.54 Million | CA$27.56 Million | CA$4.53 Million | CA$985.83K | ▼ -26.9 pp |
| 2017 | 39.7% | CA$5.08 Million | CA$12.79 Million | CA$5.25 Million | CA$164.37K | ▲ +43.4 pp |
| 2016 | -3.7% | CA$-148.17K | CA$4.03 Million | CA$1.23 Million | CA$1.38 Million | ▼ -103.7 pp |
| 2015 | 100.0% | CA$-12.64K | CA$-12.64K | CA$19.65K | CA$32.30K | ▲ +0.0 pp |
| 2014 | 100.0% | CA$326.68K | CA$326.68K | CA$362.10K | CA$35.42K | ▲ +0.0 pp |
| 2013 | 100.0% | CA$204.26K | CA$204.26K | CA$224.39K | CA$20.13K | — |