Golden Arrow Resources Corp (GRG) — Working Capital to Net Assets Ratio
Golden Arrow Resources Corp (GRG) has a Working Capital to Net Assets ratio of 0.9% as of September 2025. Working capital of CA$58.87K (current assets of CA$949.65K minus current liabilities of CA$890.79K) is measured against net assets of CA$6.85 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Golden Arrow Resources Corp (GRG) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Golden Arrow Resources Corp Working Capital to Net Assets (2003–2024)
This chart shows how Golden Arrow Resources Corp's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2003 to 2024. As of September 2025, the ratio stands at 0.9%, reflecting working capital of CA$58.87K against net assets of CA$6.85 Million CAD. Check GRG goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Golden Arrow Resources Corp (2003–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Golden Arrow Resources Corp from 2003 to 2024, covering 22 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Golden Arrow Resources Corp stock valuation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -0.1% | CA$-6.51K | CA$5.47 Million | CA$1.24 Million | CA$1.25 Million | ▼ -1.6 pp |
| 2023 | 1.5% | CA$80.92K | CA$5.57 Million | CA$877.82K | CA$796.91K | ▼ -56.9 pp |
| 2022 | 58.3% | CA$6.08 Million | CA$10.43 Million | CA$6.77 Million | CA$691.18K | ▼ -36.8 pp |
| 2021 | 95.1% | CA$15.70 Million | CA$16.50 Million | CA$16.20 Million | CA$497.12K | ▼ -2.6 pp |
| 2020 | 97.7% | CA$23.99 Million | CA$24.55 Million | CA$24.37 Million | CA$378.88K | ▼ -0.7 pp |
| 2019 | 98.4% | CA$28.79 Million | CA$29.27 Million | CA$29.24 Million | CA$456.94K | ▲ +98.4 pp |
| 2018 | 0.0% | CA$-7.99K | CA$38.33 Million | CA$744.06K | CA$752.04K | ▼ -32.3 pp |
| 2017 | 32.3% | CA$16.35 Million | CA$50.67 Million | CA$16.66 Million | CA$312.09K | ▼ -58.9 pp |
| 2016 | 91.2% | CA$9.41 Million | CA$10.32 Million | CA$10.61 Million | CA$1.20 Million | ▲ +72.7 pp |
| 2015 | 18.5% | CA$395.50K | CA$2.14 Million | CA$4.14 Million | CA$3.74 Million | ▼ -17.8 pp |
| 2014 | 36.3% | CA$1.01 Million | CA$2.79 Million | CA$1.43 Million | CA$421.39K | ▼ -42.2 pp |
| 2013 | 78.5% | CA$5.95 Million | CA$7.58 Million | CA$6.38 Million | CA$430.97K | ▼ -12.5 pp |
| 2012 | 91.0% | CA$13.06 Million | CA$14.35 Million | CA$13.48 Million | CA$417.25K | ▲ +15.6 pp |
| 2011 | 75.4% | CA$4.25 Million | CA$5.63 Million | CA$4.49 Million | CA$238.18K | ▼ -1.7 pp |
| 2010 | 77.1% | CA$4.38 Million | CA$5.68 Million | CA$4.64 Million | CA$255.45K | ▲ +25.0 pp |
| 2009 | 52.1% | CA$2.70 Million | CA$5.17 Million | CA$2.87 Million | CA$176.02K | ▲ +22.7 pp |
| 2008 | 29.4% | CA$1.01 Million | CA$3.45 Million | CA$1.19 Million | CA$175.24K | ▼ -10.4 pp |
| 2007 | 39.8% | CA$5.67 Million | CA$14.24 Million | CA$6.02 Million | CA$353.02K | ▲ +13.4 pp |
| 2006 | 26.4% | CA$2.27 Million | CA$8.61 Million | CA$2.39 Million | CA$116.99K | ▼ -2.0 pp |
| 2005 | 28.4% | CA$2.55 Million | CA$8.98 Million | CA$2.68 Million | CA$127.33K | ▼ -6.2 pp |
| 2004 | 34.7% | CA$3.17 Million | CA$9.14 Million | CA$3.21 Million | CA$42.96K | ▲ +25.5 pp |
| 2003 | 9.1% | CA$568.20K | CA$6.24 Million | CA$576.46K | CA$8.26K | — |