Nulegacy Gold Corporation (NUG) — Working Capital to Net Assets Ratio
Nulegacy Gold Corporation (NUG) has a Working Capital to Net Assets ratio of -343.7% as of December 2025. Working capital of CA$-494.85K (current assets of CA$70.80K minus current liabilities of CA$565.65K) is measured against net assets of CA$143.97K. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Nulegacy Gold Corporation Working Capital to Net Assets (2011–2025)
This chart shows how Nulegacy Gold Corporation's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2011 to 2025. As of December 2025, the ratio stands at -343.7%, reflecting working capital of CA$-494.85K against net assets of CA$143.97K CAD. See Nulegacy Gold Corporation (NUG) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Nulegacy Gold Corporation (2011–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Nulegacy Gold Corporation from 2011 to 2025, covering 15 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see NUG total asset value.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -95.5% | CA$-316.54K | CA$331.33K | CA$136.44K | CA$452.99K | ▼ -95.5 pp |
| 2024 | 0.0% | CA$-9.12K | CA$46.34 Million | CA$256.11K | CA$265.23K | ▼ -4.2 pp |
| 2023 | 4.1% | CA$1.93 Million | CA$46.62 Million | CA$2.09 Million | CA$166.37K | ▼ -6.6 pp |
| 2022 | 10.7% | CA$5.12 Million | CA$47.77 Million | CA$5.29 Million | CA$169.89K | ▼ -20.0 pp |
| 2021 | 30.7% | CA$15.23 Million | CA$49.57 Million | CA$15.88 Million | CA$648.00K | ▲ +15.4 pp |
| 2020 | 15.3% | CA$5.29 Million | CA$34.53 Million | CA$5.44 Million | CA$153.24K | ▲ +6.2 pp |
| 2019 | 9.2% | CA$2.67 Million | CA$29.15 Million | CA$2.90 Million | CA$230.48K | ▼ -17.7 pp |
| 2018 | 26.9% | CA$7.80 Million | CA$29.03 Million | CA$7.92 Million | CA$118.61K | ▼ -24.3 pp |
| 2017 | 51.2% | CA$16.07 Million | CA$31.41 Million | CA$16.17 Million | CA$108.36K | ▲ +43.1 pp |
| 2016 | 8.1% | CA$958.45K | CA$11.89 Million | CA$1.09 Million | CA$135.66K | ▼ -30.9 pp |
| 2015 | 39.0% | CA$3.12 Million | CA$8.00 Million | CA$3.18 Million | CA$59.52K | ▼ -17.6 pp |
| 2014 | 56.6% | CA$3.68 Million | CA$6.51 Million | CA$3.77 Million | CA$86.43K | ▲ +39.7 pp |
| 2013 | 16.9% | CA$427.78K | CA$2.54 Million | CA$510.81K | CA$83.03K | ▼ -21.3 pp |
| 2012 | 38.2% | CA$2.12 Million | CA$5.55 Million | CA$2.36 Million | CA$243.06K | ▼ -37.8 pp |
| 2011 | 76.0% | CA$3.53 Million | CA$4.64 Million | CA$3.61 Million | CA$79.99K | — |