Nexus Gold Corp (NXS) — Working Capital to Net Assets Ratio
Nexus Gold Corp (NXS) has a Working Capital to Net Assets ratio of 928.2% as of October 2025. Working capital of CA$-1.43 Million (current assets of CA$63.42K minus current liabilities of CA$1.50 Million) is measured against net assets of CA$-154.54K. A higher ratio indicates strong short-term liquidity financed by the equity base. See Nexus Gold Corp (NXS) flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Nexus Gold Corp Working Capital to Net Assets (2009–2025)
This chart shows how Nexus Gold Corp's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2009 to 2025. As of October 2025, the ratio stands at 928.2%, reflecting working capital of CA$-1.43 Million against net assets of CA$-154.54K CAD. See NXS defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Nexus Gold Corp (2009–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Nexus Gold Corp from 2009 to 2025, covering 17 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 NXS market cap overview.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 265.1% | CA$-2.06 Million | CA$-775.21K | CA$17.94K | CA$2.07 Million | ▼ -64.4 pp |
| 2024 | 329.5% | CA$-2.09 Million | CA$-635.25K | CA$102.21K | CA$2.20 Million | ▲ +31547.5 pp |
| 2023 | -31218.0% | CA$-1.57 Million | CA$5.03K | CA$302.79K | CA$1.87 Million | ▼ -31222.2 pp |
| 2022 | 4.2% | CA$276.03K | CA$6.55 Million | CA$851.84K | CA$575.81K | ▼ -35.9 pp |
| 2021 | 40.1% | CA$2.62 Million | CA$6.53 Million | CA$3.05 Million | CA$429.02K | ▲ +22.9 pp |
| 2020 | 17.2% | CA$736.42K | CA$4.28 Million | CA$1.55 Million | CA$810.51K | ▲ +13.3 pp |
| 2019 | 3.9% | CA$136.13K | CA$3.45 Million | CA$512.37K | CA$376.24K | ▼ -3.4 pp |
| 2018 | 7.4% | CA$157.16K | CA$2.13 Million | CA$380.89K | CA$223.73K | ▼ -58.0 pp |
| 2017 | 65.4% | CA$762.28K | CA$1.17 Million | CA$1.50 Million | CA$735.29K | ▲ +91.9 pp |
| 2016 | -26.5% | CA$-428.46K | CA$1.62 Million | CA$86.73K | CA$515.18K | ▼ -67.4 pp |
| 2015 | 40.9% | CA$530.38K | CA$1.30 Million | CA$951.10K | CA$420.72K | ▼ -159.0 pp |
| 2014 | 199.9% | CA$-207.82K | CA$-103.98K | CA$28.52K | CA$236.34K | ▲ +99.9 pp |
| 2013 | 100.0% | CA$185.89K | CA$185.89K | CA$197.51K | CA$11.62K | ▲ +15.5 pp |
| 2012 | 84.5% | CA$297.75K | CA$352.38K | CA$344.54K | CA$46.79K | ▼ -15.5 pp |
| 2011 | 100.0% | CA$394.13K | CA$394.13K | CA$397.16K | CA$3.03K | ▲ +0.0 pp |
| 2010 | 100.0% | CA$457.89K | CA$457.89K | CA$459.17K | CA$1.28K | ▲ +12.3 pp |
| 2009 | 87.7% | CA$93.15K | CA$106.27K | CA$106.46K | CA$13.31K | — |