Gold Basin Resources Corp Working Capital to Net Assets Ratio
Gold Basin Resources Corp working capital to net assets ratio. Gold Basin Resources Corp (GXX) has a Working Capital to Net Assets ratio of -6.1% as of September 2024. Working capital of CA$-1.17 Million (current assets of CA$719.03K minus current liabilities of CA$1.89 Million) is measured against net assets of CA$19.35 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Gold Basin Resources Corp (2018–2023)
Working capital to net assets ratio of Gold Basin Resources Corp from 2018 to 2023. This chart shows how Gold Basin Resources Corp's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2018 to 2023. As of September 2024, the ratio stands at -6.1%, reflecting working capital of CA$-1.17 Million against net assets of CA$19.35 Million CAD. See Gold Basin Resources Corp (GXX) liquidity interval to measure how many days the company can operate on defensive assets alone.
Gold Basin Resources Corp Working Capital to Net Assets Ratio by Year (2018–2023)
Gold Basin Resources Corp working capital to net assets ratio by year from 2018 to 2023. The table below presents the year-by-year Working Capital to Net Assets ratio for Gold Basin Resources Corp from 2018 to 2023, covering 6 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see Gold Basin Resources Corp total assets.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | -1.6% | CA$-300.45K | CA$19.19 Million | CA$166.07K | CA$466.52K | ▼ -9.9 pp |
| 2022 | 8.3% | CA$1.59 Million | CA$19.06 Million | CA$2.01 Million | CA$425.38K | ▼ -12.5 pp |
| 2021 | 20.8% | CA$3.99 Million | CA$19.19 Million | CA$4.16 Million | CA$173.32K | ▲ +8.1 pp |
| 2020 | 12.7% | CA$1.95 Million | CA$15.33 Million | CA$2.35 Million | CA$400.80K | ▼ -42.0 pp |
| 2019 | 54.8% | CA$165.23K | CA$301.72K | CA$170.56K | CA$5.33K | ▲ +30.8 pp |
| 2018 | 24.0% | CA$37.51K | CA$156.49K | CA$37.59K | CA$84.00 | — |