Lincoln Mining Corp (LMG) — Working Capital to Net Assets Ratio
Lincoln Mining Corp (LMG) has a Working Capital to Net Assets ratio of 128.1% as of September 2025. Working capital of CA$-3.88 Million (current assets of CA$124.59K minus current liabilities of CA$4.00 Million) is measured against net assets of CA$-3.03 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. For the complete balance sheet picture, see Lincoln Mining Corp balance sheet assets.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Lincoln Mining Corp Working Capital to Net Assets (2006–2024)
This chart shows how Lincoln Mining Corp's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2006 to 2024. As of September 2025, the ratio stands at 128.1%, reflecting working capital of CA$-3.88 Million against net assets of CA$-3.03 Million CAD. Explore how much does Lincoln Mining Corp reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.
Annual Working Capital to Net Assets for Lincoln Mining Corp (2006–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Lincoln Mining Corp from 2006 to 2024, covering 15 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 Lincoln Mining Corp (LMG) financial obligations 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 | 122.9% | CA$-3.25 Million | CA$-2.64 Million | CA$321.32K | CA$3.57 Million | ▼ -2.3 pp |
| 2023 | 125.3% | CA$-2.86 Million | CA$-2.28 Million | CA$34.58K | CA$2.90 Million | ▼ -8.5 pp |
| 2022 | 133.8% | CA$-3.43 Million | CA$-2.56 Million | CA$31.89K | CA$3.46 Million | ▲ +34.1 pp |
| 2021 | 99.7% | CA$-1.54 Million | CA$-1.55 Million | CA$92.11K | CA$1.63 Million | ▲ +31.2 pp |
| 2020 | 68.5% | CA$-1.08 Million | CA$-1.57 Million | CA$165.78K | CA$1.24 Million | ▼ -36.7 pp |
| 2019 | 105.1% | CA$-2.82 Million | CA$-2.68 Million | CA$114.64K | CA$2.93 Million | ▲ +5.2 pp |
| 2018 | 99.9% | CA$-2.77 Million | CA$-2.77 Million | CA$180.29K | CA$2.95 Million | ▲ +2.0 pp |
| 2017 | 97.9% | CA$-2.90 Million | CA$-2.96 Million | CA$173.55K | CA$3.07 Million | ▲ +38.9 pp |
| 2016 | 59.1% | CA$-4.03 Million | CA$-6.82 Million | CA$160.97K | CA$4.19 Million | ▲ +0.5 pp |
| 2015 | 58.5% | CA$-3.95 Million | CA$-6.74 Million | CA$28.54K | CA$3.98 Million | ▼ 0.0 pp |
| 2014 | 58.6% | CA$-3.70 Million | CA$-6.32 Million | CA$143.45K | CA$3.85 Million | ▼ -79.5 pp |
| 2013 | 138.1% | CA$-3.28 Million | CA$-2.38 Million | CA$71.02K | CA$3.35 Million | ▲ +29.9 pp |
| 2008 | 108.1% | CA$-2.06 Million | CA$-1.91 Million | CA$8.32K | CA$2.07 Million | ▼ -188.5 pp |
| 2007 | 296.6% | CA$-71.67K | CA$-24.16K | CA$239.23K | CA$310.90K | ▲ +193.1 pp |
| 2006 | 103.5% | CA$-130.36K | CA$-125.92K | CA$26.85K | CA$157.22K | — |