Golden Goliath Resources Ltd. (GNG) — Working Capital to Net Assets Ratio
Golden Goliath Resources Ltd. (GNG) has a Working Capital to Net Assets ratio of 24.2% as of November 2025. Working capital of CA$266.39K (current assets of CA$909.99K minus current liabilities of CA$643.60K) is measured against net assets of CA$1.10 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See debt-free asset ratio of Golden Goliath Resources Ltd. to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Golden Goliath Resources Ltd. Working Capital to Net Assets (2001–2025)
This chart shows how Golden Goliath Resources Ltd.'s Working Capital to Net Assets ratio has evolved across 25 annual periods from 2001 to 2025. As of November 2025, the ratio stands at 24.2%, reflecting working capital of CA$266.39K against net assets of CA$1.10 Million CAD. Check GNG tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Golden Goliath Resources Ltd. (2001–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Golden Goliath Resources Ltd. from 2001 to 2025, covering 25 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Golden Goliath Resources Ltd. market capitalisation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -124.9% | CA$-462.90K | CA$370.57K | CA$20.54K | CA$483.44K | ▼ -97.4 pp |
| 2024 | -27.6% | CA$-179.50K | CA$651.32K | CA$152.81K | CA$332.31K | ▼ -30.3 pp |
| 2023 | 2.7% | CA$102.91K | CA$3.81 Million | CA$458.77K | CA$355.87K | ▼ -17.3 pp |
| 2022 | 20.0% | CA$832.47K | CA$4.15 Million | CA$1.06 Million | CA$228.00K | ▼ -16.1 pp |
| 2021 | 36.2% | CA$1.62 Million | CA$4.47 Million | CA$1.98 Million | CA$362.49K | ▼ -36.4 pp |
| 2020 | 72.6% | CA$2.93 Million | CA$4.03 Million | CA$3.13 Million | CA$197.14K | ▲ +6.4 pp |
| 2019 | 66.2% | CA$1.26 Million | CA$1.91 Million | CA$1.44 Million | CA$176.61K | ▲ +103.2 pp |
| 2018 | -37.0% | CA$-702.03K | CA$1.90 Million | CA$81.39K | CA$783.42K | ▼ -13.9 pp |
| 2017 | -23.1% | CA$-521.38K | CA$2.26 Million | CA$110.03K | CA$631.40K | ▼ -11.3 pp |
| 2016 | -11.8% | CA$-305.05K | CA$2.59 Million | CA$101.35K | CA$406.40K | ▲ +1.3 pp |
| 2015 | -13.1% | CA$-393.24K | CA$3.01 Million | CA$180.10K | CA$573.34K | ▼ -17.6 pp |
| 2014 | 4.5% | CA$161.22K | CA$3.59 Million | CA$206.50K | CA$45.28K | ▼ -11.7 pp |
| 2013 | 16.2% | CA$1.16 Million | CA$7.17 Million | CA$1.21 Million | CA$45.38K | ▲ +2.3 pp |
| 2012 | 13.9% | CA$1.25 Million | CA$8.99 Million | CA$1.35 Million | CA$103.46K | ▼ -9.0 pp |
| 2011 | 22.9% | CA$2.71 Million | CA$11.85 Million | CA$2.83 Million | CA$115.93K | ▲ +4.5 pp |
| 2010 | 18.4% | CA$1.85 Million | CA$10.03 Million | CA$2.01 Million | CA$165.37K | ▲ +9.7 pp |
| 2009 | 8.7% | CA$712.38K | CA$8.16 Million | CA$752.26K | CA$39.88K | ▼ -14.8 pp |
| 2008 | 23.6% | CA$2.43 Million | CA$10.30 Million | CA$2.88 Million | CA$454.70K | ▼ -40.5 pp |
| 2007 | 64.1% | CA$7.02 Million | CA$10.95 Million | CA$7.32 Million | CA$301.40K | ▲ +28.5 pp |
| 2006 | 35.7% | CA$1.68 Million | CA$4.70 Million | CA$1.71 Million | CA$34.85K | ▲ +4.4 pp |
| 2005 | 31.2% | CA$1.07 Million | CA$3.42 Million | CA$1.11 Million | CA$41.48K | ▼ -14.3 pp |
| 2004 | 45.6% | CA$1.99 Million | CA$4.36 Million | CA$2.03 Million | CA$44.87K | ▲ +26.3 pp |
| 2003 | 19.2% | CA$721.08K | CA$3.75 Million | CA$763.58K | CA$42.49K | ▲ +3.4 pp |
| 2002 | 15.9% | CA$684.69K | CA$4.31 Million | CA$941.84K | CA$257.15K | ▼ -33.5 pp |
| 2001 | 49.4% | CA$1.91 Million | CA$3.86 Million | CA$1.95 Million | CA$45.12K | — |