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 11.2% as of January 2026. Working capital of CA$885.85K (current assets of CA$2.47 Million minus current liabilities of CA$1.59 Million) is measured against net assets of CA$7.90 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See GSD free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
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 January 2026, the ratio stands at 11.2%, reflecting working capital of CA$885.85K against net assets of CA$7.90 Million CAD. See Devonian Health Group Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
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. For live market cap and the full company profile, see GSD company net worth.
| 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 | — |