NuGen Medical Devices Inc (NGMD) — Working Capital to Net Assets Ratio
NuGen Medical Devices Inc (NGMD) has a Working Capital to Net Assets ratio of -2.6% as of December 2025. Working capital of CA$363.04K (current assets of CA$3.99 Million minus current liabilities of CA$3.63 Million) is measured against net assets of CA$-13.74 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See NuGen Medical Devices Inc (NGMD) financial flexibility to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
NuGen Medical Devices Inc Working Capital to Net Assets (2020–2025)
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 December 2025, the ratio stands at -2.6%, reflecting working capital of CA$363.04K against net assets of CA$-13.74 Million CAD. See defensive interval ratio of NuGen Medical Devices Inc to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for NuGen Medical Devices Inc (2020–2025)
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 live market cap and the full company profile, see market value of NuGen Medical Devices Inc.
| 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 | — |