NuGen Medical Devices Inc Working Capital to Net Assets Ratio
NuGen Medical Devices Inc working capital to net assets ratio. NuGen Medical Devices Inc (NGMD) has a Working Capital to Net Assets ratio of 7.2% as of March 2026. Working capital of CA$-1.10 Million (current assets of CA$2.60 Million minus current liabilities of CA$3.70 Million) is measured against net assets of CA$-15.33 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible net worth ratio of NuGen Medical Devices Inc 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 NuGen Medical Devices Inc (2020–2025)
Working capital to net assets ratio of NuGen Medical Devices Inc from 2020 to 2025. This chart shows how NuGen Medical Devices Inc's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of March 2026, the ratio stands at 7.2%, reflecting working capital of CA$-1.10 Million against net assets of CA$-15.33 Million CAD. See NGMD days of operational coverage to measure how many days the company can operate on defensive assets alone.
NuGen Medical Devices Inc Working Capital to Net Assets Ratio by Year (2020–2025)
NuGen Medical Devices Inc 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 NuGen Medical Devices Inc 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 NGMD total assets.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -2.6% | CA$363.04K | CA$-13.74 Million | CA$3.99 Million | CA$3.63 Million | ▲ +111.4 pp |
| 2024 | -114.0% | CA$6.47 Million | CA$-5.67 Million | CA$7.80 Million | CA$1.34 Million | ▼ -209.2 pp |
| 2023 | 95.2% | CA$-1.96 Million | CA$-2.06 Million | CA$1.33 Million | CA$3.29 Million | ▲ +43.8 pp |
| 2022 | 51.4% | CA$-1.16 Million | CA$-2.26 Million | CA$566.83K | CA$1.73 Million | ▼ -3.7 pp |
| 2021 | 55.1% | CA$912.95K | CA$1.66 Million | CA$2.15 Million | CA$1.23 Million | ▼ -418.8 pp |
| 2020 | 473.9% | CA$-3.28 Million | CA$-692.25K | CA$6.47 Million | CA$9.75 Million | — |