Guardian Exploration Inc (GX) — Working Capital to Net Assets Ratio
Guardian Exploration Inc (GX) has a Working Capital to Net Assets ratio of 169.0% as of September 2025. Working capital of CA$-1.10 Million (current assets of CA$201.39K minus current liabilities of CA$1.30 Million) is measured against net assets of CA$-648.16K. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of Guardian Exploration Inc to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Guardian Exploration Inc Working Capital to Net Assets (2017–2024)
This chart shows how Guardian Exploration Inc's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 169.0%, reflecting working capital of CA$-1.10 Million against net assets of CA$-648.16K CAD. See Guardian Exploration Inc (GX) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Guardian Exploration Inc (2017–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Guardian Exploration Inc from 2017 to 2024, covering 8 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 GX stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 130.9% | CA$-1.59 Million | CA$-1.21 Million | CA$46.46K | CA$1.63 Million | ▼ -19.0 pp |
| 2023 | 149.9% | CA$-1.05 Million | CA$-697.67K | CA$54.53K | CA$1.10 Million | ▲ +4.5 pp |
| 2022 | 145.4% | CA$-801.99K | CA$-551.56K | CA$16.75K | CA$818.74K | ▲ +33.9 pp |
| 2021 | 111.5% | CA$-1.55 Million | CA$-1.39 Million | CA$191.37K | CA$1.74 Million | ▲ +21.7 pp |
| 2020 | 89.8% | CA$-1.17 Million | CA$-1.31 Million | CA$21.97K | CA$1.19 Million | ▼ -1.7 pp |
| 2019 | 91.4% | CA$-1.03 Million | CA$-1.12 Million | CA$1.00 | CA$1.03 Million | ▲ +5.5 pp |
| 2018 | 85.9% | CA$-892.36K | CA$-1.04 Million | CA$9.07K | CA$901.43K | ▲ +7.5 pp |
| 2017 | 78.4% | CA$-2.04 Million | CA$-2.59 Million | CA$17.94K | CA$2.05 Million | — |