NeXGold Mining Corp Working Capital to Net Assets Ratio
NeXGold Mining Corp working capital to net assets ratio. NeXGold Mining Corp (NEXG) has a Working Capital to Net Assets ratio of 39.2% as of June 2026. Working capital of CA$90.32 Million (current assets of CA$105.66 Million minus current liabilities of CA$15.35 Million) is measured against net assets of CA$230.37 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check NEXG tangible net assets ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of NeXGold Mining Corp (2020–2025)
Working capital to net assets ratio of NeXGold Mining Corp from 2020 to 2025. This chart shows how NeXGold Mining Corp's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of June 2026, the ratio stands at 39.2%, reflecting working capital of CA$90.32 Million against net assets of CA$230.37 Million CAD. See NeXGold Mining Corp liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
NeXGold Mining Corp Working Capital to Net Assets Ratio by Year (2020–2025)
NeXGold Mining Corp working capital to net assets ratio by year from 2020 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for NeXGold Mining Corp from 2020 to 2025, 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 total assets of NeXGold Mining Corp.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 42.5% | CA$102.19 Million | CA$240.68 Million | CA$111.61 Million | CA$9.42 Million | ▲ +32.2 pp |
| 2024 | 10.2% | CA$16.29 Million | CA$159.27 Million | CA$22.32 Million | CA$6.03 Million | ▲ +9.2 pp |
| 2023 | 1.1% | CA$1.07 Million | CA$99.46 Million | CA$11.68 Million | CA$10.62 Million | ▼ -6.3 pp |
| 2022 | 7.4% | CA$7.70 Million | CA$104.09 Million | CA$17.55 Million | CA$9.85 Million | ▲ +0.9 pp |
| 2021 | 6.4% | CA$7.92 Million | CA$122.76 Million | CA$11.91 Million | CA$4.00 Million | ▲ +5.7 pp |
| 2020 | 0.8% | CA$1.30 Million | CA$173.05 Million | CA$6.18 Million | CA$4.88 Million | — |