Norrland Gold Corp Working Capital to Net Assets Ratio
Norrland Gold Corp working capital to net assets ratio. Norrland Gold Corp (NORR) has a Working Capital to Net Assets ratio of 13.4% as of December 2024. Working capital of CA$69.45K (current assets of CA$97.29K minus current liabilities of CA$27.84K) is measured against net assets of CA$519.99K. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Norrland Gold Corp tangible net worth 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 Norrland Gold Corp (2021–2024)
Working capital to net assets ratio of Norrland Gold Corp from 2021 to 2024. This chart shows how Norrland Gold Corp's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2021 to 2024. As of December 2024, the ratio stands at 13.4%, reflecting working capital of CA$69.45K against net assets of CA$519.99K CAD. See NORR cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Norrland Gold Corp Working Capital to Net Assets Ratio by Year (2021–2024)
Norrland Gold Corp working capital to net assets ratio by year from 2021 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Norrland Gold Corp from 2021 to 2024, covering 4 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 total assets of Norrland Gold Corp.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 37.1% | CA$232.48K | CA$625.95K | CA$370.45K | CA$137.97K | ▼ -24.6 pp |
| 2023 | 61.7% | CA$636.41K | CA$1.03 Million | CA$754.06K | CA$117.65K | ▼ -27.6 pp |
| 2022 | 89.3% | CA$1.31 Million | CA$1.47 Million | CA$1.47 Million | CA$161.73K | ▼ -201.4 pp |
| 2021 | 290.7% | CA$-44.16K | CA$-15.19K | CA$0.00 | CA$44.16K | — |