Northern Lion Gold Corp (NL) — Working Capital to Net Assets Ratio
Northern Lion Gold Corp (NL) has a Working Capital to Net Assets ratio of 100.0% as of March 2026. Working capital of CA$-195.51K (current assets of CA$590.40K minus current liabilities of CA$785.91K) is measured against net assets of CA$-195.44K. A higher ratio indicates strong short-term liquidity financed by the equity base. See Northern Lion Gold Corp financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Northern Lion Gold Corp Working Capital to Net Assets (2013–2025)
This chart shows how Northern Lion Gold Corp's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of March 2026, the ratio stands at 100.0%, reflecting working capital of CA$-195.51K against net assets of CA$-195.44K CAD. See Northern Lion Gold Corp (NL) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Northern Lion Gold Corp (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Northern Lion Gold Corp from 2013 to 2025, covering 13 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 NL market cap overview.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 100.0% | CA$-173.71K | CA$-173.63K | CA$602.45K | CA$776.16K | ▼ -0.1 pp |
| 2024 | 100.1% | CA$-81.99K | CA$-81.88K | CA$684.19K | CA$766.18K | ▲ +3.0 pp |
| 2023 | 97.2% | CA$5.20K | CA$5.35K | CA$728.22K | CA$723.02K | ▲ +59.2 pp |
| 2022 | 38.0% | CA$207.65K | CA$546.43K | CA$811.73K | CA$604.09K | ▼ -18.2 pp |
| 2021 | 56.2% | CA$429.95K | CA$765.32K | CA$1.01 Million | CA$580.72K | ▼ -1144.9 pp |
| 2020 | 1201.1% | CA$-362.16K | CA$-30.15K | CA$35.42K | CA$397.58K | ▲ +1331.6 pp |
| 2019 | -130.6% | CA$-186.14K | CA$142.55K | CA$79.86K | CA$266.00K | ▼ -135.7 pp |
| 2018 | 5.1% | CA$17.33K | CA$339.79K | CA$182.29K | CA$164.96K | ▼ -40.9 pp |
| 2017 | 46.0% | CA$256.89K | CA$558.24K | CA$376.21K | CA$119.32K | ▼ -53.5 pp |
| 2016 | 99.5% | CA$369.46K | CA$371.29K | CA$568.83K | CA$199.37K | ▲ +4.7 pp |
| 2015 | 94.8% | CA$47.99K | CA$50.60K | CA$211.97K | CA$163.98K | ▲ +91.8 pp |
| 2014 | 3.1% | CA$33.92K | CA$1.10 Million | CA$138.40K | CA$104.49K | ▲ +0.0 pp |
| 2013 | 3.1% | CA$78.88K | CA$2.57 Million | CA$255.01K | CA$176.13K | — |