Garibaldi Resources Corp. (GGI) — Working Capital to Net Assets Ratio
Garibaldi Resources Corp. (GGI) has a Working Capital to Net Assets ratio of -28.2% as of January 2026. Working capital of CA$-3.20 Million (current assets of CA$432.35K minus current liabilities of CA$3.63 Million) is measured against net assets of CA$11.34 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Garibaldi Resources Corp. (GGI) flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Garibaldi Resources Corp. Working Capital to Net Assets (2002–2026)
This chart shows how Garibaldi Resources Corp.'s Working Capital to Net Assets ratio has evolved across 25 annual periods from 2002 to 2026. As of January 2026, the ratio stands at -28.2%, reflecting working capital of CA$-3.20 Million against net assets of CA$11.34 Million CAD. See Garibaldi Resources Corp. (GGI) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Garibaldi Resources Corp. (2002–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Garibaldi Resources Corp. from 2002 to 2026, covering 25 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Garibaldi Resources Corp. market cap and net worth.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | -28.2% | CA$-3.20 Million | CA$11.34 Million | CA$432.35K | CA$3.63 Million | ▼ -4.1 pp |
| 2025 | -24.1% | CA$-2.79 Million | CA$11.59 Million | CA$37.59K | CA$2.83 Million | ▼ -19.7 pp |
| 2024 | -4.4% | CA$-1.77 Million | CA$39.93 Million | CA$182.57K | CA$1.95 Million | ▼ -6.9 pp |
| 2023 | 2.4% | CA$981.79K | CA$40.42 Million | CA$2.35 Million | CA$1.37 Million | ▲ +2.1 pp |
| 2022 | 0.4% | CA$147.09K | CA$39.63 Million | CA$756.85K | CA$609.77K | ▼ -6.5 pp |
| 2021 | 6.8% | CA$2.78 Million | CA$40.71 Million | CA$3.54 Million | CA$761.63K | ▼ -11.7 pp |
| 2020 | 18.5% | CA$7.85 Million | CA$42.38 Million | CA$8.40 Million | CA$557.27K | ▼ -12.0 pp |
| 2019 | 30.5% | CA$12.44 Million | CA$40.81 Million | CA$12.83 Million | CA$393.61K | ▼ -21.3 pp |
| 2018 | 51.8% | CA$13.65 Million | CA$26.35 Million | CA$14.73 Million | CA$1.08 Million | ▲ +60.9 pp |
| 2017 | -9.1% | CA$-732.57K | CA$8.04 Million | CA$152.51K | CA$885.09K | ▼ -10.6 pp |
| 2016 | 1.5% | CA$120.76K | CA$8.04 Million | CA$592.17K | CA$471.41K | ▼ -20.0 pp |
| 2015 | 21.5% | CA$1.79 Million | CA$8.33 Million | CA$2.06 Million | CA$265.76K | ▼ -8.6 pp |
| 2014 | 30.1% | CA$2.48 Million | CA$8.26 Million | CA$2.70 Million | CA$215.38K | ▼ -31.1 pp |
| 2013 | 61.2% | CA$6.85 Million | CA$11.20 Million | CA$6.94 Million | CA$95.94K | ▼ -11.7 pp |
| 2012 | 72.9% | CA$10.42 Million | CA$14.30 Million | CA$10.49 Million | CA$67.58K | ▲ +14.8 pp |
| 2011 | 58.1% | CA$11.34 Million | CA$19.54 Million | CA$11.47 Million | CA$123.23K | ▲ +27.5 pp |
| 2010 | 30.6% | CA$3.96 Million | CA$12.95 Million | CA$4.17 Million | CA$203.33K | ▲ +39.0 pp |
| 2009 | -8.4% | CA$-463.18K | CA$5.54 Million | CA$132.68K | CA$595.86K | ▼ -29.1 pp |
| 2008 | 20.7% | CA$1.09 Million | CA$5.25 Million | CA$1.79 Million | CA$704.53K | ▼ -30.8 pp |
| 2007 | 51.5% | CA$2.34 Million | CA$4.54 Million | CA$2.74 Million | CA$395.22K | ▲ +13.8 pp |
| 2006 | 37.7% | CA$415.23K | CA$1.10 Million | CA$722.50K | CA$307.27K | ▼ -150.0 pp |
| 2005 | 187.7% | CA$-158.29K | CA$-84.34K | CA$25.57K | CA$183.86K | ▲ +81.6 pp |
| 2004 | 106.1% | CA$-899.24K | CA$-847.46K | CA$7.41K | CA$906.65K | ▼ -134.6 pp |
| 2003 | 240.7% | CA$-1.86 Million | CA$-771.76K | CA$313.59K | CA$2.17 Million | ▲ +1.2 pp |
| 2002 | 239.5% | CA$-1.83 Million | CA$-764.07K | CA$402.45K | CA$2.23 Million | — |