P2 Gold Inc Working Capital to Net Assets Ratio
P2 Gold Inc working capital to net assets ratio. P2 Gold Inc (PGLD) has a Working Capital to Net Assets ratio of 99.7% as of March 2026. Working capital of CA$9.35 Million (current assets of CA$10.78 Million minus current liabilities of CA$1.44 Million) is measured against net assets of CA$9.38 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check P2 Gold Inc (PGLD) 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 P2 Gold Inc (2017–2025)
Working capital to net assets ratio of P2 Gold Inc from 2017 to 2025. This chart shows how P2 Gold Inc's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2017 to 2025. As of March 2026, the ratio stands at 99.7%, reflecting working capital of CA$9.35 Million against net assets of CA$9.38 Million CAD. See P2 Gold Inc defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
P2 Gold Inc Working Capital to Net Assets Ratio by Year (2017–2025)
P2 Gold Inc working capital to net assets ratio by year from 2017 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for P2 Gold Inc from 2017 to 2025, covering 9 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 P2 Gold Inc balance sheet assets.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 98.8% | CA$2.25 Million | CA$2.28 Million | CA$11.10 Million | CA$8.85 Million | ▲ +3.6 pp |
| 2024 | 95.2% | CA$-2.10 Million | CA$-2.21 Million | CA$637.76K | CA$2.74 Million | ▲ +37.8 pp |
| 2023 | 57.4% | CA$-5.38 Million | CA$-9.36 Million | CA$214.16K | CA$5.59 Million | ▼ -45.1 pp |
| 2022 | 102.6% | CA$-10.09 Million | CA$-9.83 Million | CA$2.16 Million | CA$12.25 Million | ▲ +128.5 pp |
| 2021 | -25.9% | CA$1.15 Million | CA$-4.45 Million | CA$8.00 Million | CA$6.85 Million | ▼ -125.9 pp |
| 2020 | 100.0% | CA$1.74 Million | CA$1.74 Million | CA$1.86 Million | CA$118.01K | ▲ +7.5 pp |
| 2019 | 92.5% | CA$476.12K | CA$514.76K | CA$620.25K | CA$144.13K | ▼ -7.5 pp |
| 2018 | 100.0% | CA$1.65 Million | CA$1.65 Million | CA$2.16 Million | CA$504.95K | ▲ +0.0 pp |
| 2017 | 100.0% | CA$-325.58K | CA$-325.58K | CA$499.98K | CA$825.56K | — |