Nevada King Gold Corp Working Capital to Net Assets Ratio
Nevada King Gold Corp working capital to net assets ratio. Nevada King Gold Corp (NKG) has a Working Capital to Net Assets ratio of 23.0% as of March 2026. Working capital of CA$4.48 Million (current assets of CA$4.74 Million minus current liabilities of CA$264.21K) is measured against net assets of CA$19.44 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check NKG goodwill-adjusted equity 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 Nevada King Gold Corp (2018–2026)
Working capital to net assets ratio of Nevada King Gold Corp from 2018 to 2026. This chart shows how Nevada King Gold Corp's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2018 to 2026. As of March 2026, the ratio stands at 23.0%, reflecting working capital of CA$4.48 Million against net assets of CA$19.44 Million CAD. See Nevada King Gold Corp defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Nevada King Gold Corp Working Capital to Net Assets Ratio by Year (2018–2026)
Nevada King Gold Corp working capital to net assets ratio by year from 2018 to 2026. The table below presents the year-by-year Working Capital to Net Assets ratio for Nevada King Gold Corp from 2018 to 2026, covering 9 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 Nevada King Gold Corp assets under control.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 23.0% | CA$4.48 Million | CA$19.44 Million | CA$4.74 Million | CA$264.21K | ▲ +6.5 pp |
| 2025 | 16.6% | CA$2.86 Million | CA$17.27 Million | CA$3.49 Million | CA$634.39K | ▲ +2.8 pp |
| 2024 | 13.8% | CA$4.88 Million | CA$35.45 Million | CA$5.63 Million | CA$755.27K | ▼ -5.2 pp |
| 2023 | 18.9% | CA$6.88 Million | CA$36.39 Million | CA$8.16 Million | CA$1.28 Million | ▲ +1.5 pp |
| 2022 | 17.4% | CA$12.96 Million | CA$74.49 Million | CA$13.22 Million | CA$255.57K | ▼ -49.5 pp |
| 2021 | 66.9% | CA$19.00 Million | CA$28.40 Million | CA$19.16 Million | CA$156.43K | ▲ +49.9 pp |
| 2020 | 17.0% | CA$1.58 Million | CA$9.28 Million | CA$1.70 Million | CA$124.90K | ▼ -41.0 pp |
| 2019 | 58.0% | CA$4.28 Million | CA$7.38 Million | CA$4.82 Million | CA$542.84K | ▲ +151.6 pp |
| 2018 | -93.6% | CA$-867.88K | CA$926.92K | CA$191.18K | CA$1.06 Million | — |