NeXGold Mining Corp (NEXG) — 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. See NeXGold Mining Corp defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
NeXGold Mining Corp Working Capital to Net Assets (2020–2025)
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. For the complete balance sheet picture, see NeXGold Mining Corp (NEXG) total assets.
Annual Working Capital to Net Assets for NeXGold Mining Corp (2020–2025)
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. Check NEXG financial resilience to evaluate the company's liquid asset resilience ratio.
| 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 | — |