Guardian Exploration Inc Working Capital to Net Assets Ratio
Guardian Exploration Inc 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 Guardian Exploration Inc (GX) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Guardian Exploration Inc (2017–2024)
Working capital to net assets ratio of Guardian Exploration Inc from 2017 to 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 GX defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Guardian Exploration Inc Working Capital to Net Assets Ratio by Year (2017–2024)
Guardian Exploration Inc working capital to net assets ratio by year from 2017 to 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 the complete balance sheet picture, see GX total asset value.
| 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 | — |