Galleon Gold Corp (GGO) — Working Capital to Net Assets Ratio
Galleon Gold Corp (GGO) has a Working Capital to Net Assets ratio of 35.3% as of May 2026. Working capital of CA$19.70 Million (current assets of CA$34.00 Million minus current liabilities of CA$14.30 Million) is measured against net assets of CA$55.82 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See defensive interval ratio of Galleon Gold Corp to measure how many days the company can operate on defensive assets alone.
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 May 2026, the ratio stands at 35.3%, reflecting working capital of CA$19.70 Million against net assets of CA$55.82 Million CAD. For the complete balance sheet picture, see GGO total asset value.
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. Check financial resilience of Galleon Gold Corp 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 | 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 | — |