Q-Gold Resources Ltd Working Capital to Net Assets Ratio
Q-Gold Resources Ltd working capital to net assets ratio. Q-Gold Resources Ltd (QGR) has a Working Capital to Net Assets ratio of 26.9% as of March 2026. Working capital of CA$-1.77 Million (current assets of CA$4.83 Million minus current liabilities of CA$6.60 Million) is measured against net assets of CA$-6.57 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check how tangible is Q-Gold Resources Ltd's equity 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 Q-Gold Resources Ltd (2013–2025)
Working capital to net assets ratio of Q-Gold Resources Ltd from 2013 to 2025. This chart shows how Q-Gold Resources Ltd's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of March 2026, the ratio stands at 26.9%, reflecting working capital of CA$-1.77 Million against net assets of CA$-6.57 Million CAD. See Q-Gold Resources Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Q-Gold Resources Ltd Working Capital to Net Assets Ratio by Year (2013–2025)
Q-Gold Resources Ltd 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 Q-Gold Resources Ltd 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 Q-Gold Resources Ltd total assets.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 16.3% | CA$-906.77K | CA$-5.55 Million | CA$5.74 Million | CA$6.64 Million | ▼ -83.9 pp |
| 2024 | 100.2% | CA$-1.62 Million | CA$-1.61 Million | CA$828.70K | CA$2.45 Million | ▼ -0.2 pp |
| 2023 | 100.4% | CA$-1.89 Million | CA$-1.88 Million | CA$93.20K | CA$1.99 Million | ▼ -0.8 pp |
| 2022 | 101.2% | CA$-1.29 Million | CA$-1.27 Million | CA$466.36K | CA$1.75 Million | ▲ +4.3 pp |
| 2021 | 96.9% | CA$471.13K | CA$486.01K | CA$1.39 Million | CA$921.98K | ▼ -3.1 pp |
| 2020 | 100.0% | CA$1.28 Million | CA$1.28 Million | CA$1.83 Million | CA$552.58K | ▲ +0.0 pp |
| 2019 | 100.0% | CA$-73.45K | CA$-73.45K | CA$98.39K | CA$171.84K | ▲ +0.0 pp |
| 2018 | 100.0% | CA$419.61K | CA$419.61K | CA$496.57K | CA$76.96K | ▼ -0.9 pp |
| 2017 | 100.9% | CA$-107.17K | CA$-106.22K | CA$3.38K | CA$110.54K | ▲ +0.6 pp |
| 2016 | 100.3% | CA$-533.05K | CA$-531.38K | CA$7.16K | CA$540.20K | ▲ +21.3 pp |
| 2015 | 79.0% | CA$-341.69K | CA$-432.46K | CA$61.27K | CA$402.97K | ▼ -24.6 pp |
| 2014 | 103.6% | CA$-499.84K | CA$-482.55K | CA$66.42K | CA$566.25K | ▼ -0.3 pp |
| 2013 | 103.9% | CA$-622.37K | CA$-599.00K | CA$58.47K | CA$680.84K | — |