P2 Gold Inc (PGLD) — 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. See P2 Gold Inc (PGLD) 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
P2 Gold Inc Working Capital to Net Assets (2017–2025)
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 operational self-sufficiency of P2 Gold Inc to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for P2 Gold Inc (2017–2025)
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 live market cap and the full company profile, see PGLD market cap overview.
| 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 | — |