GGX Gold Corp (GGX) — Working Capital to Net Assets Ratio
GGX Gold Corp (GGX) has a Working Capital to Net Assets ratio of 105.8% as of September 2025. Working capital of CA$-1.59 Million (current assets of CA$2.09K minus current liabilities of CA$1.59 Million) is measured against net assets of CA$-1.50 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See GGX Gold Corp defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
GGX Gold Corp Working Capital to Net Assets (2014–2025)
This chart shows how GGX Gold Corp's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2014 to 2025. As of September 2025, the ratio stands at 105.8%, reflecting working capital of CA$-1.59 Million against net assets of CA$-1.50 Million CAD. For the complete balance sheet picture, see GGX Gold Corp balance sheet assets.
Annual Working Capital to Net Assets for GGX Gold Corp (2014–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for GGX Gold Corp from 2014 to 2025, covering 12 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 GGX Gold Corp (GGX) liquid assets 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 | 104.2% | CA$-1.50 Million | CA$-1.44 Million | CA$118.00 | CA$1.50 Million | ▲ +0.2 pp |
| 2024 | 104.0% | CA$-1.25 Million | CA$-1.20 Million | CA$822.43K | CA$2.07 Million | ▲ +1.2 pp |
| 2023 | 102.9% | CA$-1.87 Million | CA$-1.81 Million | CA$3.36K | CA$1.87 Million | ▼ -1.3 pp |
| 2022 | 104.2% | CA$-1.43 Million | CA$-1.37 Million | CA$13.45K | CA$1.44 Million | ▼ -412.2 pp |
| 2021 | 516.4% | CA$-801.31K | CA$-155.18K | CA$61.24K | CA$862.55K | ▲ +384.9 pp |
| 2020 | 131.4% | CA$-819.17K | CA$-623.23K | CA$113.89K | CA$933.06K | ▲ +28.8 pp |
| 2019 | 102.6% | CA$-1.06 Million | CA$-1.03 Million | CA$96.79K | CA$1.16 Million | ▲ +192.6 pp |
| 2018 | -89.9% | CA$-118.88K | CA$132.17K | CA$376.61K | CA$495.49K | ▼ -68.1 pp |
| 2017 | -21.8% | CA$-38.65K | CA$177.27K | CA$149.45K | CA$188.09K | ▼ -121.8 pp |
| 2016 | 100.0% | CA$151.37K | CA$151.37K | CA$444.11K | CA$292.74K | ▼ -2.1 pp |
| 2015 | 102.1% | CA$-691.29K | CA$-677.39K | CA$4.70K | CA$695.99K | ▲ +177.7 pp |
| 2014 | -75.7% | CA$-407.55K | CA$538.72K | CA$109.75K | CA$517.30K | — |