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 days of operational coverage to measure how many days the company can operate on defensive assets alone.
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. For the complete balance sheet picture, see GGM current and non-current assets.
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. Check Granada Gold Mine Inc asset resilience ratio to evaluate the company's liquid asset resilience ratio.
| 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 | — |