Goldflare Exploration Inc Working Capital to Net Assets Ratio
Goldflare Exploration Inc working capital to net assets ratio. Goldflare Exploration Inc (GOFL) has a Working Capital to Net Assets ratio of -13.8% as of February 2026. Working capital of CA$-415.80K (current assets of CA$114.17K minus current liabilities of CA$529.97K) is measured against net assets of CA$3.02 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check GOFL tangible net assets ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Goldflare Exploration Inc (2018–2026)
Working capital to net assets ratio of Goldflare Exploration Inc from 2018 to 2026. This chart shows how Goldflare Exploration Inc's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2018 to 2026. As of February 2026, the ratio stands at -13.8%, reflecting working capital of CA$-415.80K against net assets of CA$3.02 Million CAD. See Goldflare Exploration Inc (GOFL) liquidity interval to measure how many days the company can operate on defensive assets alone.
Goldflare Exploration Inc Working Capital to Net Assets Ratio by Year (2018–2026)
Goldflare Exploration Inc working capital to net assets ratio by year from 2018 to 2026. The table below presents the year-by-year Working Capital to Net Assets ratio for Goldflare Exploration Inc from 2018 to 2026, covering 8 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see how large is Goldflare Exploration Inc's balance sheet.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | -13.8% | CA$-415.80K | CA$3.02 Million | CA$114.17K | CA$529.97K | ▼ -19.4 pp |
| 2024 | 5.6% | CA$202.64K | CA$3.60 Million | CA$270.06K | CA$67.43K | ▼ -4.9 pp |
| 2023 | 10.5% | CA$348.00K | CA$3.31 Million | CA$656.75K | CA$308.74K | ▼ -11.5 pp |
| 2022 | 22.0% | CA$580.47K | CA$2.64 Million | CA$688.42K | CA$107.95K | ▼ -11.1 pp |
| 2021 | 33.1% | CA$854.36K | CA$2.58 Million | CA$947.71K | CA$93.35K | ▼ -30.9 pp |
| 2020 | 64.0% | CA$941.35K | CA$1.47 Million | CA$1.11 Million | CA$168.61K | ▲ +56.0 pp |
| 2019 | 8.0% | CA$209.03K | CA$2.61 Million | CA$284.66K | CA$75.63K | ▲ +3.8 pp |
| 2018 | 4.2% | CA$545.94K | CA$12.89 Million | CA$673.75K | CA$127.81K | — |