Providence Gold Mines Working Capital to Net Assets Ratio
Providence Gold Mines working capital to net assets ratio. Providence Gold Mines (PHD) has a Working Capital to Net Assets ratio of 111.0% as of December 2025. Working capital of CA$-242.76K (current assets of CA$20.61K minus current liabilities of CA$263.38K) is measured against net assets of CA$-218.80K. A higher ratio indicates strong short-term liquidity financed by the equity base. Check PHD tangible net assets ratio 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 Providence Gold Mines (2013–2025)
Working capital to net assets ratio of Providence Gold Mines from 2013 to 2025. This chart shows how Providence Gold Mines's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of December 2025, the ratio stands at 111.0%, reflecting working capital of CA$-242.76K against net assets of CA$-218.80K CAD. See Providence Gold Mines defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Providence Gold Mines Working Capital to Net Assets Ratio by Year (2013–2025)
Providence Gold Mines working capital to net assets ratio by year from 2013 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Providence Gold Mines from 2013 to 2025, covering 13 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 PHD total asset value.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 111.0% | CA$-242.76K | CA$-218.80K | CA$20.61K | CA$263.38K | ▲ +11.0 pp |
| 2024 | 100.0% | CA$-58.45K | CA$-58.45K | CA$60.33K | CA$118.78K | ▲ +103.8 pp |
| 2023 | -3.8% | CA$-95.74K | CA$2.51 Million | CA$2.63K | CA$98.38K | ▼ -1.4 pp |
| 2022 | -2.4% | CA$-60.73K | CA$2.54 Million | CA$16.98K | CA$77.71K | ▼ -2.8 pp |
| 2021 | 0.4% | CA$9.46K | CA$2.61 Million | CA$86.48K | CA$77.02K | ▼ -17.2 pp |
| 2020 | 17.5% | CA$502.93K | CA$2.87 Million | CA$573.08K | CA$70.15K | ▲ +21.5 pp |
| 2019 | -3.9% | CA$-77.35K | CA$1.96 Million | CA$112.31K | CA$189.66K | ▼ -46.4 pp |
| 2018 | 42.5% | CA$715.12K | CA$1.68 Million | CA$790.98K | CA$75.86K | ▲ +20.2 pp |
| 2017 | 22.2% | CA$165.68K | CA$745.09K | CA$342.18K | CA$176.50K | ▼ -77.8 pp |
| 2016 | 100.0% | CA$-51.47K | CA$-51.47K | CA$21.66K | CA$73.12K | ▲ +0.0 pp |
| 2015 | 100.0% | CA$-69.57K | CA$-69.57K | CA$59.97K | CA$129.54K | ▲ +7.8 pp |
| 2014 | 92.2% | CA$176.89K | CA$191.89K | CA$1.17 Million | CA$993.26K | ▲ +16.5 pp |
| 2013 | 75.6% | CA$435.45K | CA$575.64K | CA$447.13K | CA$11.68K | — |