Granada Gold Mine Inc (GGM) — Working Capital to Net Assets Ratio
Granada Gold Mine Inc (GGM) has a Working Capital to Net Assets ratio of 100.2% as of December 2025. Working capital of CA$-14.64 Million (current assets of CA$169.53K minus current liabilities of CA$14.81 Million) is measured against net assets of CA$-14.61 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See GGM free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Granada Gold Mine Inc Working Capital to Net Assets (1999–2025)
This chart shows how Granada Gold Mine Inc's Working Capital to Net Assets ratio has evolved across 27 annual periods from 1999 to 2025. As of December 2025, the ratio stands at 100.2%, reflecting working capital of CA$-14.64 Million against net assets of CA$-14.61 Million CAD. See Granada Gold Mine Inc (GGM) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Granada Gold Mine Inc (1999–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Granada Gold Mine Inc from 1999 to 2025, covering 27 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 GGM market cap.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 100.3% | CA$-13.68 Million | CA$-13.64 Million | CA$96.13K | CA$13.77 Million | ▼ -0.8 pp |
| 2024 | 101.1% | CA$-12.34 Million | CA$-12.22 Million | CA$366.94K | CA$12.71 Million | ▼ -0.5 pp |
| 2023 | 101.6% | CA$-10.61 Million | CA$-10.45 Million | CA$376.87K | CA$10.99 Million | ▼ -0.5 pp |
| 2022 | 102.1% | CA$-7.75 Million | CA$-7.60 Million | CA$1.66 Million | CA$9.42 Million | ▼ -1.1 pp |
| 2021 | 103.2% | CA$-5.78 Million | CA$-5.60 Million | CA$3.23 Million | CA$9.01 Million | ▲ +4.1 pp |
| 2020 | 99.1% | CA$-7.20 Million | CA$-7.27 Million | CA$682.48K | CA$7.88 Million | ▼ -5.9 pp |
| 2019 | 105.0% | CA$-6.50 Million | CA$-6.19 Million | CA$410.04K | CA$6.91 Million | ▼ -262.0 pp |
| 2018 | 367.0% | CA$-5.31 Million | CA$-1.45 Million | CA$366.46K | CA$5.68 Million | ▲ +192.4 pp |
| 2017 | 174.6% | CA$-4.87 Million | CA$-2.79 Million | CA$287.92K | CA$5.16 Million | ▲ +56.1 pp |
| 2016 | 118.5% | CA$-3.69 Million | CA$-3.11 Million | CA$1.22 Million | CA$4.91 Million | ▲ +11.8 pp |
| 2015 | 106.7% | CA$-3.53 Million | CA$-3.31 Million | CA$221.99K | CA$3.75 Million | ▼ -2.1 pp |
| 2014 | 108.8% | CA$-2.97 Million | CA$-2.73 Million | CA$399.04K | CA$3.37 Million | ▲ +28.8 pp |
| 2013 | 80.1% | CA$1.08 Million | CA$1.34 Million | CA$2.44 Million | CA$1.37 Million | ▲ +29.8 pp |
| 2012 | 50.3% | CA$1.02 Million | CA$2.02 Million | CA$6.13 Million | CA$5.12 Million | ▼ -32.0 pp |
| 2011 | 82.3% | CA$5.24 Million | CA$6.37 Million | CA$8.56 Million | CA$3.32 Million | ▼ -11.1 pp |
| 2010 | 93.4% | CA$4.57 Million | CA$4.89 Million | CA$5.37 Million | CA$799.91K | ▲ +115.5 pp |
| 2009 | -22.1% | CA$-500.70K | CA$2.27 Million | CA$45.64K | CA$546.35K | ▲ +0.8 pp |
| 2008 | -22.9% | CA$-493.13K | CA$2.15 Million | CA$120.58K | CA$613.72K | ▼ -17.3 pp |
| 2007 | -5.6% | CA$-186.22K | CA$3.31 Million | CA$357.27K | CA$543.49K | ▲ +26.5 pp |
| 2006 | -32.1% | CA$-265.78K | CA$827.75K | CA$336.27K | CA$602.05K | ▲ +5.8 pp |
| 2005 | -37.9% | CA$-171.43K | CA$451.83K | CA$11.40K | CA$182.83K | ▼ -269.1 pp |
| 2004 | 231.2% | CA$-290.18K | CA$-125.51K | CA$17.41K | CA$307.58K | ▲ +134.5 pp |
| 2003 | 96.7% | CA$-207.43K | CA$-214.59K | CA$52.12K | CA$259.55K | ▲ +0.5 pp |
| 2002 | 96.2% | CA$-798.99K | CA$-830.75K | CA$2.02K | CA$801.01K | ▲ +247.3 pp |
| 2001 | -151.1% | CA$-975.52K | CA$645.54K | CA$10.63K | CA$986.15K | ▼ -118.7 pp |
| 2000 | -32.4% | CA$-881.62K | CA$2.72 Million | CA$12.08K | CA$893.69K | ▼ -20.8 pp |
| 1999 | -11.6% | CA$-505.57K | CA$4.35 Million | CA$300.31K | CA$805.89K | — |