Goldspot Discoveries Corp (SPOT) — Working Capital to Net Assets Ratio
Goldspot Discoveries Corp (SPOT) has a Working Capital to Net Assets ratio of 99.4% as of March 2026. Working capital of CA$72.01 Million (current assets of CA$79.88 Million minus current liabilities of CA$7.87 Million) is measured against net assets of CA$72.40 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Goldspot Discoveries Corp (SPOT) flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Goldspot Discoveries Corp Working Capital to Net Assets (2016–2025)
This chart shows how Goldspot Discoveries Corp's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 99.4%, reflecting working capital of CA$72.01 Million against net assets of CA$72.40 Million CAD. See SPOT defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Goldspot Discoveries Corp (2016–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Goldspot Discoveries Corp from 2016 to 2025, covering 10 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 how much is Goldspot Discoveries Corp worth.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 99.5% | CA$71.71 Million | CA$72.05 Million | CA$81.18 Million | CA$9.48 Million | ▲ +9.3 pp |
| 2024 | 90.2% | CA$34.14 Million | CA$37.83 Million | CA$40.35 Million | CA$6.22 Million | ▼ -2.8 pp |
| 2023 | 93.0% | CA$40.62 Million | CA$43.66 Million | CA$44.25 Million | CA$3.63 Million | ▲ +8.2 pp |
| 2022 | 84.8% | CA$49.29 Million | CA$58.10 Million | CA$52.81 Million | CA$3.52 Million | ▲ +13.2 pp |
| 2021 | 71.7% | CA$43.74 Million | CA$61.02 Million | CA$52.47 Million | CA$8.72 Million | ▼ -35.0 pp |
| 2020 | 106.7% | CA$19.63 Million | CA$18.39 Million | CA$23.39 Million | CA$3.76 Million | ▲ +8.3 pp |
| 2019 | 98.4% | CA$7.39 Million | CA$7.51 Million | CA$9.97 Million | CA$2.58 Million | ▲ +17.0 pp |
| 2018 | 81.4% | CA$1.69 Million | CA$2.08 Million | CA$2.37 Million | CA$672.92K | ▼ -18.6 pp |
| 2017 | 100.0% | CA$610.96K | CA$610.96K | CA$643.83K | CA$32.87K | ▲ +2.5 pp |
| 2016 | 97.5% | CA$376.50K | CA$386.25K | CA$402.50K | CA$26.00K | — |