Northern Lion Gold Corp Working Capital to Net Assets Ratio
Northern Lion Gold Corp 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. Check Northern Lion Gold Corp (NL) tangible net worth 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 Northern Lion Gold Corp (2013–2025)
Working capital to net assets ratio of Northern Lion Gold Corp from 2013 to 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 defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Northern Lion Gold Corp Working Capital to Net Assets Ratio by Year (2013–2025)
Northern Lion Gold Corp working capital to net assets ratio by year from 2013 to 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 the complete balance sheet picture, see NL total asset value.
| 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 | — |