Glacier Lake Resources Inc (GLI) — Working Capital to Net Assets Ratio
Glacier Lake Resources Inc (GLI) has a Working Capital to Net Assets ratio of 102.1% as of December 2025. Working capital of CA$-1.55 Million (current assets of CA$125.73K minus current liabilities of CA$1.68 Million) is measured against net assets of CA$-1.52 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how financially flexible is Glacier Lake Resources Inc to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Glacier Lake Resources Inc Working Capital to Net Assets (2009–2025)
This chart shows how Glacier Lake Resources Inc's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2009 to 2025. As of December 2025, the ratio stands at 102.1%, reflecting working capital of CA$-1.55 Million against net assets of CA$-1.52 Million CAD. See how many days can Glacier Lake Resources Inc fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Glacier Lake Resources Inc (2009–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Glacier Lake Resources Inc from 2009 to 2025, covering 17 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 Glacier Lake Resources Inc (GLI) market capitalisation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 103.0% | CA$-1.12 Million | CA$-1.08 Million | CA$162.03K | CA$1.28 Million | ▼ -5.1 pp |
| 2024 | 108.0% | CA$-429.71K | CA$-397.71K | CA$229.93K | CA$659.64K | ▲ +18.3 pp |
| 2023 | 89.7% | CA$278.58K | CA$310.58K | CA$396.55K | CA$117.97K | ▼ -7.2 pp |
| 2022 | 96.9% | CA$998.63K | CA$1.03 Million | CA$1.03 Million | CA$32.60K | ▲ +126.1 pp |
| 2021 | -29.2% | CA$-85.74K | CA$293.54K | CA$254.10K | CA$339.85K | ▼ -87.9 pp |
| 2020 | 58.7% | CA$497.94K | CA$848.93K | CA$663.72K | CA$165.78K | ▼ -184.3 pp |
| 2019 | 243.0% | CA$-596.47K | CA$-245.47K | CA$41.85K | CA$638.31K | ▲ +218.1 pp |
| 2018 | 24.9% | CA$307.34K | CA$1.23 Million | CA$630.23K | CA$322.88K | ▼ -46.3 pp |
| 2017 | 71.2% | CA$319.53K | CA$448.89K | CA$481.11K | CA$161.58K | ▼ -28.8 pp |
| 2016 | 100.0% | CA$104.28K | CA$104.28K | CA$339.25K | CA$234.97K | ▲ +0.0 pp |
| 2015 | 100.0% | CA$-1.19 Million | CA$-1.19 Million | CA$6.15K | CA$1.20 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$-1.07 Million | CA$-1.07 Million | CA$25.78K | CA$1.10 Million | ▼ -5.6 pp |
| 2013 | 105.6% | CA$-752.84K | CA$-712.66K | CA$45.11K | CA$797.95K | ▲ +236.9 pp |
| 2012 | -131.2% | CA$-395.26K | CA$301.20K | CA$48.64K | CA$443.90K | ▼ -142.7 pp |
| 2011 | 11.5% | CA$161.66K | CA$1.41 Million | CA$233.23K | CA$71.57K | ▼ -63.8 pp |
| 2010 | 75.3% | CA$1.44 Million | CA$1.92 Million | CA$1.49 Million | CA$47.83K | ▲ +4.5 pp |
| 2009 | 70.8% | CA$248.78K | CA$351.13K | CA$259.14K | CA$10.36K | — |