NV Gold Corp Working Capital to Net Assets Ratio
NV Gold Corp working capital to net assets ratio. NV Gold Corp (NVX) has a Working Capital to Net Assets ratio of 23.0% as of May 2026. Working capital of CA$1.03 Million (current assets of CA$1.14 Million minus current liabilities of CA$111.91K) is measured against net assets of CA$4.47 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check NV Gold Corp (NVX) 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 NV Gold Corp (2007–2025)
Working capital to net assets ratio of NV Gold Corp from 2007 to 2025. This chart shows how NV Gold Corp's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2007 to 2025. As of May 2026, the ratio stands at 23.0%, reflecting working capital of CA$1.03 Million against net assets of CA$4.47 Million CAD. See defensive interval ratio of NV Gold Corp to measure how many days the company can operate on defensive assets alone.
NV Gold Corp Working Capital to Net Assets Ratio by Year (2007–2025)
NV Gold Corp working capital to net assets ratio by year from 2007 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for NV Gold Corp from 2007 to 2025, covering 18 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see NV Gold Corp balance sheet assets.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -9.9% | CA$-273.72K | CA$2.78 Million | CA$51.86K | CA$325.58K | ▲ +14.7 pp |
| 2024 | -24.6% | CA$-703.60K | CA$2.86 Million | CA$36.48K | CA$740.09K | ▼ -22.7 pp |
| 2023 | -1.9% | CA$-62.42K | CA$3.31 Million | CA$286.20K | CA$348.62K | ▼ -25.8 pp |
| 2022 | 24.0% | CA$1.30 Million | CA$5.42 Million | CA$1.36 Million | CA$65.50K | ▼ -31.8 pp |
| 2021 | 55.7% | CA$3.63 Million | CA$6.51 Million | CA$3.81 Million | CA$181.03K | ▲ +12.7 pp |
| 2020 | 43.0% | CA$3.29 Million | CA$7.64 Million | CA$3.43 Million | CA$140.16K | ▲ +21.1 pp |
| 2019 | 21.9% | CA$955.27K | CA$4.36 Million | CA$1.05 Million | CA$97.01K | ▲ +2.6 pp |
| 2018 | 19.3% | CA$1.29 Million | CA$6.68 Million | CA$1.42 Million | CA$127.67K | ▼ -9.3 pp |
| 2017 | 28.6% | CA$1.32 Million | CA$4.60 Million | CA$1.56 Million | CA$244.58K | ▼ -33.2 pp |
| 2016 | 61.8% | CA$249.19K | CA$403.24K | CA$334.33K | CA$85.14K | ▼ -1090.7 pp |
| 2015 | 1152.5% | CA$-737.61K | CA$-64.00K | CA$38.32K | CA$775.93K | ▲ +1152.0 pp |
| 2014 | 0.4% | CA$11.88K | CA$2.71 Million | CA$500.18K | CA$488.29K | ▲ +8.3 pp |
| 2013 | -7.9% | CA$-88.16K | CA$1.12 Million | CA$72.96K | CA$161.12K | ▼ -8.3 pp |
| 2012 | 0.5% | CA$6.55K | CA$1.44 Million | CA$124.01K | CA$117.46K | ▼ -38.2 pp |
| 2011 | 38.6% | CA$826.87K | CA$2.14 Million | CA$969.00K | CA$142.13K | ▼ -15.8 pp |
| 2010 | 54.4% | CA$603.55K | CA$1.11 Million | CA$661.47K | CA$57.92K | ▼ -45.6 pp |
| 2008 | 100.0% | CA$412.52K | CA$412.52K | CA$420.95K | CA$8.42K | ▲ +13.7 pp |
| 2007 | 86.3% | CA$271.80K | CA$315.10K | CA$291.69K | CA$19.89K | — |