Goldshore Resources Inc (GSHR) — Working Capital to Net Assets Ratio
Goldshore Resources Inc (GSHR) has a Working Capital to Net Assets ratio of 26.7% as of June 2025. Working capital of CA$33.10 Million (current assets of CA$40.69 Million minus current liabilities of CA$7.59 Million) is measured against net assets of CA$123.78 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See defensive interval ratio of Goldshore Resources Inc to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Goldshore Resources Inc Working Capital to Net Assets (2019–2024)
This chart shows how Goldshore Resources Inc's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2019 to 2024. As of June 2025, the ratio stands at 26.7%, reflecting working capital of CA$33.10 Million against net assets of CA$123.78 Million CAD. For the complete balance sheet picture, see Goldshore Resources Inc balance sheet assets.
Annual Working Capital to Net Assets for Goldshore Resources Inc (2019–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Goldshore Resources Inc from 2019 to 2024, covering 5 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 GSHR total 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) |
|---|---|---|---|---|---|---|
| 2024 | 15.8% | CA$14.64 Million | CA$92.67 Million | CA$16.00 Million | CA$1.35 Million | ▲ +16.1 pp |
| 2022 | -0.3% | CA$-188.63K | CA$73.82 Million | CA$1.85 Million | CA$2.03 Million | ▼ -15.5 pp |
| 2021 | 15.2% | CA$9.84 Million | CA$64.57 Million | CA$13.42 Million | CA$3.57 Million | ▼ -360.5 pp |
| 2020 | 375.8% | CA$2.51 Million | CA$668.66K | CA$17.70 Million | CA$15.19 Million | ▲ +275.8 pp |
| 2019 | 100.0% | CA$-467.00K | CA$-467.00K | CA$21.61K | CA$488.61K | — |