Goliath Resources Ltd (GOT) — Working Capital to Net Assets Ratio
Goliath Resources Ltd (GOT) has a Working Capital to Net Assets ratio of 100.0% as of September 2025. Working capital of CA$26.78 Million (current assets of CA$32.18 Million minus current liabilities of CA$5.40 Million) is measured against net assets of CA$26.78 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is Goliath Resources Ltd's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Goliath Resources Ltd Working Capital to Net Assets (2007–2024)
This chart shows how Goliath Resources Ltd's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2007 to 2024. As of September 2025, the ratio stands at 100.0%, reflecting working capital of CA$26.78 Million against net assets of CA$26.78 Million CAD. Check tangible equity quality of Goliath Resources Ltd to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Goliath Resources Ltd (2007–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Goliath Resources Ltd from 2007 to 2024, covering 18 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 market value of Goliath Resources Ltd.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 96.6% | CA$3.29 Million | CA$3.40 Million | CA$4.53 Million | CA$1.25 Million | ▼ -0.1 pp |
| 2023 | 96.7% | CA$5.92 Million | CA$6.12 Million | CA$9.78 Million | CA$3.86 Million | ▼ -3.3 pp |
| 2022 | 100.0% | CA$14.22 Million | CA$14.22 Million | CA$14.86 Million | CA$642.57K | ▲ +0.0 pp |
| 2021 | 100.0% | CA$5.47 Million | CA$5.47 Million | CA$5.93 Million | CA$459.77K | ▲ +0.0 pp |
| 2020 | 100.0% | CA$311.10K | CA$311.10K | CA$612.02K | CA$300.92K | ▲ +0.0 pp |
| 2019 | 100.0% | CA$1.37 Million | CA$1.37 Million | CA$1.44 Million | CA$68.76K | ▲ +0.0 pp |
| 2018 | 100.0% | CA$1.82 Million | CA$1.82 Million | CA$2.39 Million | CA$569.71K | ▲ +0.0 pp |
| 2017 | 100.0% | CA$-71.18K | CA$-71.18K | CA$22.94K | CA$94.11K | ▲ +0.0 pp |
| 2016 | 100.0% | CA$19.83K | CA$19.83K | CA$60.19K | CA$40.36K | ▲ +0.0 pp |
| 2015 | 100.0% | CA$116.82K | CA$116.82K | CA$133.72K | CA$16.91K | ▲ +0.0 pp |
| 2014 | 100.0% | CA$202.77K | CA$202.77K | CA$238.87K | CA$36.09K | ▲ +0.0 pp |
| 2013 | 100.0% | CA$304.07K | CA$304.07K | CA$322.30K | CA$18.23K | ▲ +0.0 pp |
| 2012 | 100.0% | CA$494.96K | CA$494.96K | CA$510.47K | CA$15.51K | ▲ +0.0 pp |
| 2011 | 100.0% | CA$583.91K | CA$583.91K | CA$599.14K | CA$15.23K | ▲ +0.0 pp |
| 2010 | 100.0% | CA$667.02K | CA$667.02K | CA$678.15K | CA$11.13K | ▲ +0.0 pp |
| 2009 | 100.0% | CA$754.04K | CA$754.04K | CA$796.69K | CA$42.65K | ▲ +0.0 pp |
| 2008 | 100.0% | CA$813.88K | CA$813.88K | CA$819.90K | CA$6.03K | ▲ +8.2 pp |
| 2007 | 91.8% | CA$482.59K | CA$525.93K | CA$496.23K | CA$13.64K | — |