Lake Victoria Gold Ltd. (LVG) — Working Capital to Net Assets Ratio
Lake Victoria Gold Ltd. (LVG) has a Working Capital to Net Assets ratio of -5.0% as of March 2026. Working capital of CA$-807.39K (current assets of CA$1.12 Million minus current liabilities of CA$1.93 Million) is measured against net assets of CA$16.08 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See LVG free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Lake Victoria Gold Ltd. Working Capital to Net Assets (2021–2025)
This chart shows how Lake Victoria Gold Ltd.'s Working Capital to Net Assets ratio has evolved across 5 annual periods from 2021 to 2025. As of March 2026, the ratio stands at -5.0%, reflecting working capital of CA$-807.39K against net assets of CA$16.08 Million CAD. See LVG equity financing ratio to measure how much of total assets are equity-financed.
Annual Working Capital to Net Assets for Lake Victoria Gold Ltd. (2021–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Lake Victoria Gold Ltd. from 2021 to 2025, covering 5 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 how much is Lake Victoria Gold Ltd. worth.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 0.8% | CA$137.39K | CA$16.40 Million | CA$2.24 Million | CA$2.10 Million | ▲ +60.5 pp |
| 2024 | -59.7% | CA$-3.02 Million | CA$5.06 Million | CA$192.59K | CA$3.21 Million | ▼ -61.1 pp |
| 2023 | 1.4% | CA$86.44K | CA$6.26 Million | CA$917.15K | CA$830.71K | ▼ -25.9 pp |
| 2022 | 27.2% | CA$1.65 Million | CA$6.07 Million | CA$2.42 Million | CA$765.14K | ▲ +25.3 pp |
| 2021 | 2.0% | CA$138.91K | CA$7.02 Million | CA$702.52K | CA$563.61K | — |