NV Gold Corp (NVX) — Working Capital to Net Assets Ratio
NV Gold Corp (NVX) has a Working Capital to Net Assets ratio of 30.9% as of February 2026. Working capital of CA$1.38 Million (current assets of CA$1.52 Million minus current liabilities of CA$133.15K) is measured against net assets of CA$4.48 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See NVX net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
NV Gold Corp Working Capital to Net Assets (2007–2025)
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 February 2026, the ratio stands at 30.9%, reflecting working capital of CA$1.38 Million against net assets of CA$4.48 Million CAD. Check NV Gold Corp (NVX) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for NV Gold Corp (2007–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for NV Gold Corp from 2007 to 2025, covering 18 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see market value of NV Gold Corp.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -9.9% | CA$-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 | — |