Ridgeline Minerals Corp (RDG) — 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. See how leveraged is Ridgeline Minerals Corp's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ridgeline Minerals Corp Working Capital to Net Assets (2019–2024)
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. Check tangible equity quality of Ridgeline Minerals Corp to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Ridgeline Minerals Corp (2019–2024)
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 live market cap and the full company profile, see Ridgeline Minerals Corp (RDG) total market value.
| 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 | — |