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 Devonian Health Group Inc net asset quality index to measure how much of total assets are equity-financed.
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. Check Devonian Health Group Inc tangible equity quality to evaluate the tangible quality of the company's equity base.
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 Devonian Health Group Inc (GSD) market capitalisation.
| 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 | — |