Gensource Potash Corporation (GSP) — Working Capital to Net Assets Ratio
Gensource Potash Corporation (GSP) has a Working Capital to Net Assets ratio of -157.3% as of September 2025. Working capital of CA$-14.42 Million (current assets of CA$306.41K minus current liabilities of CA$14.73 Million) is measured against net assets of CA$9.17 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Gensource Potash Corporation (GSP) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Gensource Potash Corporation Working Capital to Net Assets (2003–2024)
This chart shows how Gensource Potash Corporation's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2003 to 2024. As of September 2025, the ratio stands at -157.3%, reflecting working capital of CA$-14.42 Million against net assets of CA$9.17 Million CAD. Check GSP tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Gensource Potash Corporation (2003–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Gensource Potash Corporation from 2003 to 2024, covering 22 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Gensource Potash Corporation market cap and net worth.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -114.7% | CA$-12.43 Million | CA$10.84 Million | CA$355.50K | CA$12.79 Million | ▼ -40.8 pp |
| 2023 | -73.9% | CA$-9.75 Million | CA$13.19 Million | CA$730.47K | CA$10.48 Million | ▼ -35.8 pp |
| 2022 | -38.1% | CA$-5.89 Million | CA$15.45 Million | CA$720.93K | CA$6.61 Million | ▼ -49.4 pp |
| 2021 | 11.3% | CA$1.85 Million | CA$16.38 Million | CA$2.17 Million | CA$318.77K | ▲ +9.4 pp |
| 2020 | 1.9% | CA$266.69K | CA$13.98 Million | CA$797.32K | CA$530.62K | ▼ -36.2 pp |
| 2019 | 38.1% | CA$5.62 Million | CA$14.74 Million | CA$7.63 Million | CA$2.01 Million | ▲ +34.1 pp |
| 2018 | 4.0% | CA$580.44K | CA$14.59 Million | CA$1.11 Million | CA$531.94K | ▼ -1.3 pp |
| 2017 | 5.3% | CA$639.08K | CA$12.11 Million | CA$847.63K | CA$208.55K | ▲ +10.7 pp |
| 2016 | -5.4% | CA$-357.04K | CA$6.58 Million | CA$2.22 Million | CA$2.58 Million | ▼ -43.5 pp |
| 2015 | 38.1% | CA$1.69 Million | CA$4.43 Million | CA$1.88 Million | CA$191.11K | ▲ +19.5 pp |
| 2014 | 18.6% | CA$560.34K | CA$3.02 Million | CA$617.16K | CA$56.82K | ▲ +22.7 pp |
| 2013 | -4.1% | CA$-84.34K | CA$2.06 Million | CA$223.62K | CA$307.96K | ▼ -54.5 pp |
| 2012 | 50.4% | CA$2.02 Million | CA$4.00 Million | CA$2.45 Million | CA$438.73K | ▼ -4.6 pp |
| 2011 | 55.0% | CA$2.77 Million | CA$5.03 Million | CA$3.03 Million | CA$268.65K | ▲ +40.0 pp |
| 2010 | 15.1% | CA$1.07 Million | CA$7.11 Million | CA$1.58 Million | CA$512.25K | ▼ -11.0 pp |
| 2009 | 26.0% | CA$1.24 Million | CA$4.76 Million | CA$1.49 Million | CA$248.06K | ▼ -30.6 pp |
| 2008 | 56.6% | CA$4.13 Million | CA$7.29 Million | CA$4.38 Million | CA$255.56K | ▲ +12.7 pp |
| 2007 | 43.9% | CA$4.67 Million | CA$10.64 Million | CA$5.31 Million | CA$639.98K | ▼ -17.6 pp |
| 2006 | 61.5% | CA$5.31 Million | CA$8.64 Million | CA$6.94 Million | CA$1.63 Million | ▲ +11.7 pp |
| 2005 | 49.7% | CA$1.89 Million | CA$3.80 Million | CA$2.28 Million | CA$386.42K | ▲ +9.4 pp |
| 2004 | 40.3% | CA$990.77K | CA$2.46 Million | CA$1.39 Million | CA$399.50K | ▼ -55.8 pp |
| 2003 | 96.1% | CA$1.34 Million | CA$1.39 Million | CA$1.74 Million | CA$396.11K | — |