Golconda Gold Ltd. (GG) — Working Capital to Net Assets Ratio
Golconda Gold Ltd. (GG) has a Working Capital to Net Assets ratio of 1.8% as of December 2025. Working capital of CA$739.51K (current assets of CA$8.86 Million minus current liabilities of CA$8.12 Million) is measured against net assets of CA$40.48 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Golconda Gold Ltd. (GG) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Golconda Gold Ltd. Working Capital to Net Assets (2008–2025)
This chart shows how Golconda Gold Ltd.'s Working Capital to Net Assets ratio has evolved across 18 annual periods from 2008 to 2025. As of December 2025, the ratio stands at 1.8%, reflecting working capital of CA$739.51K against net assets of CA$40.48 Million CAD. Check how tangible is Golconda Gold Ltd.'s equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Golconda Gold Ltd. (2008–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Golconda Gold Ltd. from 2008 to 2025, covering 18 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 market value of Golconda Gold Ltd..
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 1.8% | CA$739.51K | CA$40.48 Million | CA$8.86 Million | CA$8.12 Million | ▲ +17.8 pp |
| 2024 | -16.0% | CA$-4.82 Million | CA$30.09 Million | CA$2.51 Million | CA$7.32 Million | ▲ +8.8 pp |
| 2023 | -24.9% | CA$-7.77 Million | CA$31.26 Million | CA$1.21 Million | CA$8.98 Million | ▼ -10.3 pp |
| 2022 | -14.5% | CA$-4.85 Million | CA$33.35 Million | CA$2.05 Million | CA$6.90 Million | ▼ -5.1 pp |
| 2021 | -9.4% | CA$-2.99 Million | CA$31.69 Million | CA$20.13 Million | CA$23.12 Million | ▲ +42.8 pp |
| 2020 | -52.2% | CA$-12.44 Million | CA$23.81 Million | CA$11.56 Million | CA$24.00 Million | ▲ +58.6 pp |
| 2019 | -110.8% | CA$-14.32 Million | CA$12.92 Million | CA$9.35 Million | CA$23.66 Million | ▼ -91.9 pp |
| 2018 | -18.9% | CA$-2.84 Million | CA$14.98 Million | CA$10.43 Million | CA$13.27 Million | ▲ +58.3 pp |
| 2017 | -77.2% | CA$-10.88 Million | CA$14.09 Million | CA$8.91 Million | CA$19.78 Million | ▼ -23.9 pp |
| 2016 | -53.3% | CA$-8.54 Million | CA$16.02 Million | CA$9.12 Million | CA$17.66 Million | ▼ -40.8 pp |
| 2015 | -12.6% | CA$-2.77 Million | CA$22.07 Million | CA$11.48 Million | CA$14.25 Million | ▼ -35.2 pp |
| 2014 | 22.6% | CA$6.53 Million | CA$28.81 Million | CA$17.83 Million | CA$11.30 Million | ▼ -4.9 pp |
| 2013 | 27.5% | CA$7.32 Million | CA$26.59 Million | CA$17.41 Million | CA$10.09 Million | ▼ -3.6 pp |
| 2012 | 31.1% | CA$17.13 Million | CA$55.07 Million | CA$25.64 Million | CA$8.51 Million | ▼ -28.3 pp |
| 2011 | 59.4% | CA$19.23 Million | CA$32.36 Million | CA$26.43 Million | CA$7.20 Million | ▼ -40.6 pp |
| 2010 | 100.0% | CA$328.38K | CA$328.38K | CA$453.38K | CA$125.00K | ▲ +0.0 pp |
| 2009 | 100.0% | CA$271.55K | CA$271.55K | CA$285.60K | CA$14.05K | ▲ +0.0 pp |
| 2008 | 100.0% | CA$279.78K | CA$279.78K | CA$304.54K | CA$24.76K | — |