GoldOn Resources Ltd Working Capital to Net Assets Ratio
GoldOn Resources Ltd working capital to net assets ratio. GoldOn Resources Ltd (GLD) has a Working Capital to Net Assets ratio of 34.8% as of December 2025. Working capital of CA$328.73K (current assets of CA$349.43K minus current liabilities of CA$20.70K) is measured against net assets of CA$944.90K. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of GoldOn Resources Ltd (1997–2024)
Working capital to net assets ratio of GoldOn Resources Ltd from 1997 to 2024. This chart shows how GoldOn Resources Ltd's Working Capital to Net Assets ratio has evolved across 28 annual periods from 1997 to 2024. As of December 2025, the ratio stands at 34.8%, reflecting working capital of CA$328.73K against net assets of CA$944.90K CAD. See GLD cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
GoldOn Resources Ltd Working Capital to Net Assets Ratio by Year (1997–2024)
GoldOn Resources Ltd working capital to net assets ratio by year from 1997 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for GoldOn Resources Ltd from 1997 to 2024, 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 the complete balance sheet picture, see total assets of GoldOn Resources Ltd.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 84.7% | CA$243.50K | CA$287.63K | CA$279.00K | CA$35.50K | ▲ +78.3 pp |
| 2023 | 6.4% | CA$44.99K | CA$703.31K | CA$138.69K | CA$93.70K | ▼ -1.1 pp |
| 2022 | 7.5% | CA$360.89K | CA$4.82 Million | CA$392.23K | CA$31.34K | ▼ -10.0 pp |
| 2021 | 17.5% | CA$1.02 Million | CA$5.83 Million | CA$1.10 Million | CA$79.34K | ▼ -8.0 pp |
| 2020 | 25.5% | CA$707.90K | CA$2.77 Million | CA$1.01 Million | CA$302.43K | ▼ -33.8 pp |
| 2019 | 59.4% | CA$667.26K | CA$1.12 Million | CA$779.49K | CA$112.23K | ▲ +65.6 pp |
| 2018 | -6.2% | CA$-11.56K | CA$187.24K | CA$39.40K | CA$50.96K | ▼ -79.9 pp |
| 2017 | 73.7% | CA$299.31K | CA$406.11K | CA$318.71K | CA$19.40K | ▲ +80.4 pp |
| 2016 | -6.7% | CA$-47.62K | CA$709.65K | CA$106.08K | CA$153.70K | ▲ +0.3 pp |
| 2015 | -7.0% | CA$-83.39K | CA$1.19 Million | CA$259.88K | CA$343.27K | ▼ -26.3 pp |
| 2014 | 19.3% | CA$283.11K | CA$1.46 Million | CA$359.93K | CA$76.82K | ▲ +11.5 pp |
| 2013 | 7.9% | CA$241.66K | CA$3.06 Million | CA$298.24K | CA$56.58K | ▼ -12.8 pp |
| 2012 | 20.6% | CA$771.91K | CA$3.74 Million | CA$796.96K | CA$25.06K | ▼ -5.9 pp |
| 2011 | 26.5% | CA$815.83K | CA$3.07 Million | CA$852.30K | CA$36.47K | ▼ -29.7 pp |
| 2010 | 56.2% | CA$1.31 Million | CA$2.32 Million | CA$1.35 Million | CA$49.48K | ▲ +56.1 pp |
| 2009 | 0.1% | CA$2.05K | CA$1.44 Million | CA$53.78K | CA$51.73K | ▼ -24.9 pp |
| 2008 | 25.0% | CA$385.24K | CA$1.54 Million | CA$409.02K | CA$23.78K | ▼ -5.1 pp |
| 2007 | 30.1% | CA$292.13K | CA$970.53K | CA$326.27K | CA$34.13K | ▼ -43.5 pp |
| 2006 | 73.6% | CA$639.65K | CA$869.42K | CA$663.85K | CA$24.20K | ▲ +41.5 pp |
| 2005 | 32.1% | CA$84.41K | CA$263.04K | CA$108.11K | CA$23.71K | ▼ -16.6 pp |
| 2004 | 48.7% | CA$164.65K | CA$338.06K | CA$189.76K | CA$25.11K | ▲ +56.1 pp |
| 2003 | -7.4% | CA$-11.03K | CA$149.10K | CA$31.43K | CA$42.46K | ▼ -60.7 pp |
| 2002 | 53.3% | CA$41.54K | CA$77.86K | CA$82.29K | CA$40.75K | ▲ +20.0 pp |
| 2001 | 33.3% | CA$2.90K | CA$8.70K | CA$39.30K | CA$36.41K | ▲ +33.3 pp |
| 2000 | 0.1% | CA$910.00 | CA$1.60 Million | CA$27.86K | CA$26.95K | ▲ +6.1 pp |
| 1999 | -6.0% | CA$-90.80K | CA$1.51 Million | CA$16.03K | CA$106.83K | ▼ -2.6 pp |
| 1998 | -3.4% | CA$-52.63K | CA$1.55 Million | CA$67.34K | CA$119.97K | ▼ -10.5 pp |
| 1997 | 7.1% | CA$119.27K | CA$1.69 Million | CA$161.73K | CA$42.46K | — |