GoldOn Resources Ltd (GLD) — 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. See net asset quality index of GoldOn Resources Ltd to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
GoldOn Resources Ltd Working Capital to Net Assets (1997–2024)
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. Check GLD tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for GoldOn Resources Ltd (1997–2024)
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 live market cap and the full company profile, see GLD market cap overview.
| 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 | — |