Galleon Gold Corp (GGO) — Working Capital to Net Assets Ratio
Galleon Gold Corp (GGO) has a Working Capital to Net Assets ratio of 53.5% as of February 2026. Working capital of CA$30.47 Million (current assets of CA$42.43 Million minus current liabilities of CA$11.96 Million) is measured against net assets of CA$57.01 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Galleon Gold Corp (GGO) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Galleon Gold Corp Working Capital to Net Assets (1998–2025)
This chart shows how Galleon Gold Corp's Working Capital to Net Assets ratio has evolved across 28 annual periods from 1998 to 2025. As of February 2026, the ratio stands at 53.5%, reflecting working capital of CA$30.47 Million against net assets of CA$57.01 Million CAD. Check Galleon Gold Corp tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Galleon Gold Corp (1998–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Galleon Gold Corp from 1998 to 2025, covering 28 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 Galleon Gold Corp (GGO) market capitalisation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 22.8% | CA$6.00 Million | CA$26.32 Million | CA$14.36 Million | CA$8.36 Million | ▲ +34.4 pp |
| 2024 | -11.6% | CA$-2.68 Million | CA$23.15 Million | CA$1.75 Million | CA$4.43 Million | ▲ +4.0 pp |
| 2023 | -15.6% | CA$-3.83 Million | CA$24.52 Million | CA$840.30K | CA$4.67 Million | ▼ -7.5 pp |
| 2022 | -8.1% | CA$-1.90 Million | CA$23.48 Million | CA$1.57 Million | CA$3.47 Million | ▲ +0.9 pp |
| 2021 | -9.0% | CA$-1.85 Million | CA$20.60 Million | CA$1.85 Million | CA$3.70 Million | ▼ -31.1 pp |
| 2020 | 22.1% | CA$4.32 Million | CA$19.55 Million | CA$8.66 Million | CA$4.34 Million | ▲ +267.1 pp |
| 2019 | -245.0% | CA$944.91K | CA$-385.63K | CA$2.12 Million | CA$1.17 Million | ▼ -345.5 pp |
| 2018 | 100.5% | CA$-407.84K | CA$-405.71K | CA$279.49K | CA$687.32K | ▲ +194.2 pp |
| 2017 | -93.7% | CA$-290.72K | CA$310.31K | CA$572.92K | CA$863.63K | ▼ -191.3 pp |
| 2016 | 97.6% | CA$176.92K | CA$181.25K | CA$345.30K | CA$168.38K | ▲ +55.5 pp |
| 2015 | 42.1% | CA$917.46K | CA$2.18 Million | CA$1.13 Million | CA$215.24K | ▲ +39.0 pp |
| 2014 | 3.1% | CA$923.31K | CA$30.23 Million | CA$1.03 Million | CA$107.95K | ▼ -4.2 pp |
| 2013 | 7.3% | CA$2.85 Million | CA$39.08 Million | CA$3.00 Million | CA$148.36K | ▼ -1.4 pp |
| 2012 | 8.7% | CA$3.37 Million | CA$38.72 Million | CA$3.80 Million | CA$437.82K | ▼ -4.7 pp |
| 2011 | 13.4% | CA$5.54 Million | CA$41.34 Million | CA$5.69 Million | CA$152.67K | ▲ +4.3 pp |
| 2010 | 9.1% | CA$3.84 Million | CA$42.46 Million | CA$4.28 Million | CA$438.46K | ▼ -3.0 pp |
| 2009 | 12.0% | CA$5.35 Million | CA$44.45 Million | CA$5.68 Million | CA$325.02K | ▼ -3.8 pp |
| 2008 | 15.8% | CA$7.37 Million | CA$46.53 Million | CA$7.83 Million | CA$455.83K | ▼ -11.2 pp |
| 2007 | 27.1% | CA$13.18 Million | CA$48.71 Million | CA$13.66 Million | CA$477.08K | ▲ +0.5 pp |
| 2006 | 26.6% | CA$3.64 Million | CA$13.70 Million | CA$3.89 Million | CA$246.91K | ▲ +19.7 pp |
| 2005 | 6.8% | CA$747.16K | CA$10.92 Million | CA$803.34K | CA$56.18K | ▲ +0.7 pp |
| 2004 | 6.1% | CA$712.75K | CA$11.64 Million | CA$1.62 Million | CA$902.50K | ▲ +3.1 pp |
| 2003 | 3.1% | CA$335.77K | CA$10.95 Million | CA$1.41 Million | CA$1.08 Million | ▲ +1.8 pp |
| 2002 | 1.3% | CA$100.24K | CA$7.93 Million | CA$300.97K | CA$200.73K | ▲ +15.7 pp |
| 2001 | -14.4% | CA$-702.26K | CA$4.87 Million | CA$7.88K | CA$710.14K | ▼ -5.9 pp |
| 2000 | -8.5% | CA$-552.39K | CA$6.47 Million | CA$74.99K | CA$627.38K | ▲ +0.2 pp |
| 1999 | -8.7% | CA$-544.48K | CA$6.22 Million | CA$10.29K | CA$554.77K | ▲ +18.8 pp |
| 1998 | -27.5% | CA$-1.28 Million | CA$4.67 Million | CA$221.63K | CA$1.51 Million | — |