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 100.1% as of September 2025. Working capital of CA$-119.30K (current assets of CA$621.47K minus current liabilities of CA$740.76K) is measured against net assets of CA$-119.22K. A higher ratio indicates strong short-term liquidity financed by the equity base. See Northern Lion Gold Corp (NL) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Northern Lion Gold Corp Working Capital to Net Assets (2013–2024)
This chart shows how Northern Lion Gold Corp's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2013 to 2024. As of September 2025, the ratio stands at 100.1%, reflecting working capital of CA$-119.30K against net assets of CA$-119.22K CAD. Check Northern Lion Gold Corp (NL) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Northern Lion Gold Corp (2013–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Northern Lion Gold Corp from 2013 to 2024, covering 12 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 Northern Lion Gold Corp.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (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 | — |