Norrland Gold Corp (NORR) — 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. See NORR net asset quality score to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Norrland Gold Corp Working Capital to Net Assets (2021–2024)
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. Check Norrland Gold Corp (NORR) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Norrland Gold Corp (2021–2024)
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 live market cap and the full company profile, see Norrland Gold Corp market cap and net worth.
| 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 | — |