Q-Gold Resources Ltd (QGR) — 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. See operational self-sufficiency of Q-Gold Resources Ltd to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Q-Gold Resources Ltd Working Capital to Net Assets (2013–2025)
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. For the complete balance sheet picture, see how large is Q-Gold Resources Ltd's balance sheet.
Annual Working Capital to Net Assets for Q-Gold Resources Ltd (2013–2025)
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. Read QGR liabilities breakdown for a breakdown of total debt and financial obligations.
| 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 | — |