Nevada King Gold Corp (NKG) — Working Capital to Net Assets Ratio
Nevada King Gold Corp (NKG) has a Working Capital to Net Assets ratio of 30.6% as of December 2025. Working capital of CA$6.58 Million (current assets of CA$6.67 Million minus current liabilities of CA$86.64K) is measured against net assets of CA$21.49 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See NKG equity to assets ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Nevada King Gold Corp Working Capital to Net Assets (2018–2025)
This chart shows how Nevada King Gold Corp's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2018 to 2025. As of December 2025, the ratio stands at 30.6%, reflecting working capital of CA$6.58 Million against net assets of CA$21.49 Million CAD. Check NKG tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Nevada King Gold Corp (2018–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Nevada King Gold Corp from 2018 to 2025, covering 8 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 cap of Nevada King Gold Corp.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (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 | — |