Galore Resources Inc (GRI) — Working Capital to Net Assets Ratio
Galore Resources Inc (GRI) has a Working Capital to Net Assets ratio of -973.7% as of March 2026. Working capital of CA$-12.35 Million (current assets of CA$187.83K minus current liabilities of CA$12.54 Million) is measured against net assets of CA$1.27 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Galore Resources Inc defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Galore Resources Inc Working Capital to Net Assets (2014–2026)
This chart shows how Galore Resources Inc's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2014 to 2026. As of March 2026, the ratio stands at -973.7%, reflecting working capital of CA$-12.35 Million against net assets of CA$1.27 Million CAD. For the complete balance sheet picture, see GRI asset base.
Annual Working Capital to Net Assets for Galore Resources Inc (2014–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Galore Resources Inc from 2014 to 2026, covering 13 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Read Galore Resources Inc balance sheet liabilities for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | -973.7% | CA$-12.35 Million | CA$1.27 Million | CA$187.83K | CA$12.54 Million | ▼ -529.9 pp |
| 2025 | -443.8% | CA$-10.17 Million | CA$2.29 Million | CA$6.51K | CA$10.18 Million | ▼ -15.0 pp |
| 2024 | -428.8% | CA$-9.28 Million | CA$2.16 Million | CA$17.25K | CA$9.30 Million | ▼ -201.1 pp |
| 2023 | -227.7% | CA$-6.87 Million | CA$3.02 Million | CA$3.13K | CA$6.88 Million | ▼ -117.3 pp |
| 2022 | -110.4% | CA$-4.50 Million | CA$4.08 Million | CA$94.34K | CA$4.60 Million | ▼ -11.1 pp |
| 2021 | -99.3% | CA$-3.81 Million | CA$3.84 Million | CA$6.13K | CA$3.82 Million | ▼ -21.5 pp |
| 2020 | -77.8% | CA$-3.12 Million | CA$4.01 Million | CA$42.98K | CA$3.16 Million | ▼ -40.3 pp |
| 2019 | -37.5% | CA$-1.60 Million | CA$4.26 Million | CA$89.93K | CA$1.69 Million | ▼ -9.1 pp |
| 2018 | -28.4% | CA$-1.21 Million | CA$4.25 Million | CA$39.71K | CA$1.25 Million | ▼ -14.1 pp |
| 2017 | -14.3% | CA$-676.24K | CA$4.71 Million | CA$225.92K | CA$902.16K | ▼ -5.1 pp |
| 2016 | -9.2% | CA$-385.15K | CA$4.17 Million | CA$17.36K | CA$402.50K | ▼ -3.9 pp |
| 2015 | -5.3% | CA$-225.99K | CA$4.26 Million | CA$33.64K | CA$259.63K | ▼ -1.1 pp |
| 2014 | -4.3% | CA$-184.28K | CA$4.33 Million | CA$30.67K | CA$214.95K | — |