Devonian Health Group Inc (GSD) — Working Capital to Net Assets Ratio
Devonian Health Group Inc (GSD) has a Working Capital to Net Assets ratio of -0.1% as of April 2026. Working capital of CA$-5.18K (current assets of CA$1.59 Million minus current liabilities of CA$1.59 Million) is measured against net assets of CA$6.98 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Devonian Health Group Inc (GSD) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Devonian Health Group Inc Working Capital to Net Assets (2015–2025)
This chart shows how Devonian Health Group Inc's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2015 to 2025. As of April 2026, the ratio stands at -0.1%, reflecting working capital of CA$-5.18K against net assets of CA$6.98 Million CAD. For the complete balance sheet picture, see how large is Devonian Health Group Inc's balance sheet.
Annual Working Capital to Net Assets for Devonian Health Group Inc (2015–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Devonian Health Group Inc from 2015 to 2025, covering 12 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. Check GSD asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 23.1% | CA$2.11 Million | CA$9.14 Million | CA$8.72 Million | CA$6.61 Million | ▲ +10.7 pp |
| 2024 | 12.4% | CA$1.71 Million | CA$13.86 Million | CA$18.46 Million | CA$16.75 Million | ▲ +1.9 pp |
| 2023 | 10.4% | CA$1.49 Million | CA$14.25 Million | CA$6.34 Million | CA$4.86 Million | ▼ -34.9 pp |
| 2022 | 45.3% | CA$7.38 Million | CA$16.27 Million | CA$8.42 Million | CA$1.04 Million | ▲ +60.6 pp |
| 2021 | -15.3% | CA$-1.15 Million | CA$7.52 Million | CA$664.23K | CA$1.81 Million | ▼ -5.7 pp |
| 2020 | -9.6% | CA$-898.42K | CA$9.38 Million | CA$1.74 Million | CA$2.63 Million | ▼ -1.1 pp |
| 2019 | -8.5% | CA$-855.13K | CA$10.08 Million | CA$1.15 Million | CA$2.01 Million | ▼ -8.1 pp |
| 2018 | -0.4% | CA$-54.88K | CA$12.74 Million | CA$2.25 Million | CA$2.31 Million | ▼ -28.3 pp |
| 2017 | 27.8% | CA$2.28 Million | CA$8.19 Million | CA$2.55 Million | CA$270.72K | ▲ +128.8 pp |
| 2016 | -101.0% | CA$-4.17 Million | CA$4.13 Million | CA$614.71K | CA$4.78 Million | ▼ -60.6 pp |
| 2016 | -40.4% | CA$-21.09K | CA$52.16K | CA$14.27K | CA$35.36K | ▼ -70.9 pp |
| 2015 | 30.4% | CA$1.58 Million | CA$5.19 Million | CA$2.18 Million | CA$605.60K | — |