Goldbank Mining Corp (GLB) — Working Capital to Net Assets Ratio

Latest as of September 2025: 168.4%

Goldbank Mining Corp (GLB) has a Working Capital to Net Assets ratio of 168.4% as of September 2025. Working capital of CA$-15.92 Million (current assets of CA$294.11K minus current liabilities of CA$16.21 Million) is measured against net assets of CA$-9.45 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See GLB net asset quality index to measure how much of total assets are equity-financed.

WC/NA Ratio

168.4%
Working Capital / Net Assets

Working Capital

CA$-15.92 Million
CAD

Current Assets

CA$294.11K
CAD

Current Liabilities

CA$16.21 Million
CAD

Goldbank Mining Corp Working Capital to Net Assets (2013–2024)

This chart shows how Goldbank Mining Corp's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2013 to 2024. As of September 2025, the ratio stands at 168.4%, reflecting working capital of CA$-15.92 Million against net assets of CA$-9.45 Million CAD. Check Goldbank Mining Corp tangible book value ratio to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Goldbank Mining Corp (2013–2024)

The table below presents the year-by-year Working Capital to Net Assets ratio for Goldbank Mining Corp from 2013 to 2024, 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. For live market cap and the full company profile, see Goldbank Mining Corp market capitalisation.

Year WC/NA Ratio Working Capital (CAD) Net Assets Current Assets Current Liabilities Change (pp)
2024 189.7% CA$-13.67 Million CA$-7.21 Million CA$317.69K CA$13.99 Million ▼ -5.9 pp
2023 195.6% CA$-11.93 Million CA$-6.10 Million CA$256.90K CA$12.19 Million ▲ +8.1 pp
2022 187.6% CA$-11.66 Million CA$-6.22 Million CA$287.89K CA$11.94 Million ▲ +0.2 pp
2021 187.4% CA$-11.04 Million CA$-5.89 Million CA$402.56K CA$11.44 Million ▼ -37.9 pp
2020 225.3% CA$-9.13 Million CA$-4.05 Million CA$888.37K CA$10.02 Million ▼ -27.0 pp
2019 252.3% CA$-8.33 Million CA$-3.30 Million CA$401.47K CA$8.73 Million ▲ +14.2 pp
2018 238.1% CA$-8.42 Million CA$-3.54 Million CA$280.23K CA$8.70 Million ▼ -118.8 pp
2017 356.8% CA$-6.62 Million CA$-1.85 Million CA$351.39K CA$6.97 Million ▲ +76.5 pp
2016 280.3% CA$-6.63 Million CA$-2.36 Million CA$140.40K CA$6.77 Million ▼ -142.7 pp
2015 423.1% CA$-5.27 Million CA$-1.24 Million CA$359.56K CA$5.63 Million ▼ -1203.9 pp
2014 1627.0% CA$-4.16 Million CA$-255.71K CA$94.95K CA$4.26 Million ▲ +2250.1 pp
2013 -623.1% CA$-3.11 Million CA$499.91K CA$7.90K CA$3.12 Million
pp = percentage points