Precipitate Gold Corp (PRG) — Working Capital to Net Assets Ratio
Precipitate Gold Corp (PRG) has a Working Capital to Net Assets ratio of 79.3% as of August 2025. Working capital of CA$3.44 Million (current assets of CA$3.77 Million minus current liabilities of CA$338.68K) is measured against net assets of CA$4.33 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is Precipitate Gold Corp's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Precipitate Gold Corp Working Capital to Net Assets (2011–2024)
This chart shows how Precipitate Gold Corp's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2011 to 2024. As of August 2025, the ratio stands at 79.3%, reflecting working capital of CA$3.44 Million against net assets of CA$4.33 Million CAD. Check tangible equity quality of Precipitate Gold Corp to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Precipitate Gold Corp (2011–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Precipitate Gold Corp from 2011 to 2024, covering 14 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 Precipitate Gold Corp stock valuation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 83.4% | CA$4.53 Million | CA$5.43 Million | CA$4.86 Million | CA$333.77K | ▼ -1.6 pp |
| 2023 | 85.0% | CA$5.13 Million | CA$6.04 Million | CA$5.51 Million | CA$380.93K | ▲ +4.1 pp |
| 2022 | 80.9% | CA$4.68 Million | CA$5.79 Million | CA$6.90 Million | CA$2.21 Million | ▲ +64.0 pp |
| 2021 | 16.9% | CA$400.88K | CA$2.37 Million | CA$535.81K | CA$134.93K | ▼ -28.2 pp |
| 2020 | 45.1% | CA$1.54 Million | CA$3.42 Million | CA$1.60 Million | CA$60.17K | ▼ -0.6 pp |
| 2019 | 45.8% | CA$1.52 Million | CA$3.33 Million | CA$1.56 Million | CA$40.90K | ▼ -1.0 pp |
| 2018 | 46.7% | CA$793.04K | CA$1.70 Million | CA$863.30K | CA$70.26K | ▼ -16.1 pp |
| 2017 | 62.9% | CA$1.54 Million | CA$2.45 Million | CA$1.60 Million | CA$64.46K | ▼ -20.2 pp |
| 2016 | 83.0% | CA$3.25 Million | CA$3.91 Million | CA$3.47 Million | CA$222.04K | ▲ +11.0 pp |
| 2015 | 72.0% | CA$922.98K | CA$1.28 Million | CA$976.20K | CA$53.22K | ▲ +47.3 pp |
| 2014 | 24.8% | CA$839.58K | CA$3.39 Million | CA$882.46K | CA$42.88K | ▲ +1.4 pp |
| 2013 | 23.3% | CA$799.10K | CA$3.42 Million | CA$851.08K | CA$51.98K | ▼ -12.2 pp |
| 2012 | 35.6% | CA$1.50 Million | CA$4.22 Million | CA$1.56 Million | CA$59.51K | ▼ -22.1 pp |
| 2011 | 57.7% | CA$484.05K | CA$839.14K | CA$600.23K | CA$116.18K | — |