Ridgeline Minerals Corp Working Capital to Net Assets Ratio
Ridgeline Minerals Corp working capital to net assets ratio. Ridgeline Minerals Corp (RDG) has a Working Capital to Net Assets ratio of 17.4% as of September 2025. Working capital of CA$2.77 Million (current assets of CA$3.60 Million minus current liabilities of CA$834.74K) is measured against net assets of CA$15.88 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check RDG goodwill-adjusted equity 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 Ridgeline Minerals Corp (2019–2024)
Working capital to net assets ratio of Ridgeline Minerals Corp from 2019 to 2024. This chart shows how Ridgeline Minerals Corp's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2019 to 2024. As of September 2025, the ratio stands at 17.4%, reflecting working capital of CA$2.77 Million against net assets of CA$15.88 Million CAD. See how many days can Ridgeline Minerals Corp fund operations to measure how many days the company can operate on defensive assets alone.
Ridgeline Minerals Corp Working Capital to Net Assets Ratio by Year (2019–2024)
Ridgeline Minerals Corp working capital to net assets ratio by year from 2019 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Ridgeline Minerals Corp from 2019 to 2024, covering 6 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 Ridgeline Minerals Corp assets under control.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 2.8% | CA$318.58K | CA$11.37 Million | CA$827.48K | CA$508.90K | ▼ -2.1 pp |
| 2023 | 4.9% | CA$563.50K | CA$11.50 Million | CA$682.42K | CA$118.92K | ▼ -1.9 pp |
| 2022 | 6.8% | CA$609.96K | CA$8.98 Million | CA$1.32 Million | CA$706.60K | ▼ -16.6 pp |
| 2021 | 23.4% | CA$1.98 Million | CA$8.47 Million | CA$2.07 Million | CA$85.48K | ▼ -18.8 pp |
| 2020 | 42.2% | CA$2.75 Million | CA$6.50 Million | CA$2.93 Million | CA$185.95K | ▼ -6.9 pp |
| 2019 | 49.1% | CA$1.20 Million | CA$2.45 Million | CA$1.23 Million | CA$28.58K | — |