GFG Resources Inc (GFG) — 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. See GFG Resources Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
GFG Resources Inc Working Capital to Net Assets (2013–2024)
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. For the complete balance sheet picture, see how large is GFG Resources Inc's balance sheet.
Annual Working Capital to Net Assets for GFG Resources Inc (2013–2024)
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. Check how resilient are GFG Resources Inc's assets to evaluate the company's liquid asset resilience ratio.
| 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 | — |