Magnum Goldcorp Inc (MGI) — Working Capital to Net Assets Ratio
Magnum Goldcorp Inc (MGI) has a Working Capital to Net Assets ratio of 75.7% as of November 2025. Working capital of CA$-72.38K (current assets of CA$18.40K minus current liabilities of CA$90.78K) is measured against net assets of CA$-95.59K. A higher ratio indicates strong short-term liquidity financed by the equity base. See Magnum Goldcorp Inc balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Magnum Goldcorp Inc Working Capital to Net Assets (2014–2025)
This chart shows how Magnum Goldcorp Inc's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2014 to 2025. As of November 2025, the ratio stands at 75.7%, reflecting working capital of CA$-72.38K against net assets of CA$-95.59K CAD. Check MGI tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Magnum Goldcorp Inc (2014–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Magnum Goldcorp Inc from 2014 to 2025, covering 12 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 Magnum Goldcorp Inc stock valuation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 20.7% | CA$-6.06K | CA$-29.26K | CA$160.27K | CA$166.32K | ▲ +23.4 pp |
| 2024 | -2.7% | CA$-93.50K | CA$3.46 Million | CA$4.98K | CA$98.48K | ▼ -2.1 pp |
| 2023 | -0.6% | CA$-21.70K | CA$3.54 Million | CA$17.30K | CA$39.00K | ▼ -8.0 pp |
| 2022 | 7.3% | CA$261.36K | CA$3.56 Million | CA$427.16K | CA$165.80K | ▲ +21.8 pp |
| 2021 | -14.4% | CA$-389.77K | CA$2.70 Million | CA$5.06K | CA$394.84K | ▼ -1.3 pp |
| 2020 | -13.1% | CA$-360.60K | CA$2.75 Million | CA$6.11K | CA$366.70K | ▲ +2.5 pp |
| 2019 | -15.6% | CA$-404.89K | CA$2.59 Million | CA$10.13K | CA$415.03K | ▼ -12.4 pp |
| 2018 | -3.2% | CA$-91.11K | CA$2.81 Million | CA$91.52K | CA$182.64K | ▲ +6.3 pp |
| 2017 | -9.6% | CA$-236.72K | CA$2.48 Million | CA$25.97K | CA$262.69K | ▼ -3.9 pp |
| 2016 | -5.6% | CA$-143.84K | CA$2.55 Million | CA$23.27K | CA$167.11K | ▼ -48.2 pp |
| 2015 | 42.5% | CA$146.53K | CA$344.55K | CA$264.02K | CA$117.49K | ▼ -23.6 pp |
| 2014 | 66.2% | CA$277.13K | CA$418.83K | CA$451.13K | CA$174.00K | — |