Stellar AfricaGold Inc. (SPX) — Working Capital to Net Assets Ratio
Stellar AfricaGold Inc. (SPX) has a Working Capital to Net Assets ratio of 100.0% as of January 2026. Working capital of CA$3.78 Million (current assets of CA$3.98 Million minus current liabilities of CA$196.68K) is measured against net assets of CA$3.78 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can Stellar AfricaGold Inc. fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Stellar AfricaGold Inc. Working Capital to Net Assets (2001–2025)
This chart shows how Stellar AfricaGold Inc.'s Working Capital to Net Assets ratio has evolved across 22 annual periods from 2001 to 2025. As of January 2026, the ratio stands at 100.0%, reflecting working capital of CA$3.78 Million against net assets of CA$3.78 Million CAD. For the complete balance sheet picture, see SPX asset base.
Annual Working Capital to Net Assets for Stellar AfricaGold Inc. (2001–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Stellar AfricaGold Inc. from 2001 to 2025, covering 22 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. Check SPX cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 100.0% | CA$511.87K | CA$511.87K | CA$860.55K | CA$348.68K | ▲ +0.0 pp |
| 2024 | 100.0% | CA$-546.31K | CA$-546.31K | CA$209.46K | CA$755.77K | ▲ +0.0 pp |
| 2023 | 100.0% | CA$-24.75K | CA$-24.75K | CA$370.14K | CA$394.89K | ▲ +41.4 pp |
| 2022 | 58.6% | CA$661.17K | CA$1.13 Million | CA$924.80K | CA$263.64K | ▼ -18.1 pp |
| 2021 | 76.7% | CA$1.54 Million | CA$2.01 Million | CA$1.81 Million | CA$266.52K | ▼ -5.9 pp |
| 2020 | 82.5% | CA$937.44K | CA$1.14 Million | CA$1.84 Million | CA$901.56K | ▼ -34.6 pp |
| 2019 | 117.1% | CA$-2.04 Million | CA$-1.74 Million | CA$409.89K | CA$2.45 Million | ▲ +48.4 pp |
| 2018 | 68.7% | CA$-825.47K | CA$-1.20 Million | CA$139.75K | CA$965.21K | ▼ -52.1 pp |
| 2017 | 120.9% | CA$-428.19K | CA$-354.29K | CA$108.94K | CA$537.12K | ▲ +17.2 pp |
| 2016 | 103.7% | CA$-612.52K | CA$-590.88K | CA$224.15K | CA$836.67K | ▼ -0.7 pp |
| 2015 | 104.4% | CA$-608.18K | CA$-582.80K | CA$39.62K | CA$647.81K | ▼ -2.9 pp |
| 2014 | 107.2% | CA$-447.32K | CA$-417.23K | CA$257.34K | CA$704.66K | ▲ +129.3 pp |
| 2013 | -22.0% | CA$-680.35K | CA$3.09 Million | CA$192.09K | CA$872.44K | ▼ -17.0 pp |
| 2012 | -5.0% | CA$-187.41K | CA$3.75 Million | CA$639.59K | CA$827.00K | ▲ +3.5 pp |
| 2011 | -8.5% | CA$-443.35K | CA$5.22 Million | CA$676.29K | CA$1.12 Million | ▲ +3.7 pp |
| 2010 | -12.2% | CA$-599.28K | CA$4.91 Million | CA$428.16K | CA$1.03 Million | ▲ +2.1 pp |
| 2009 | -14.3% | CA$-407.71K | CA$2.86 Million | CA$41.56K | CA$449.26K | ▼ -14.1 pp |
| 2008 | -0.2% | CA$-7.68K | CA$3.78 Million | CA$94.45K | CA$102.13K | ▼ -20.6 pp |
| 2007 | 20.4% | CA$847.22K | CA$4.16 Million | CA$1.03 Million | CA$185.07K | ▲ +8.2 pp |
| 2003 | 12.2% | CA$22.48K | CA$184.89K | CA$38.60K | CA$16.12K | ▼ -58.9 pp |
| 2002 | 71.1% | CA$177.69K | CA$249.98K | CA$187.75K | CA$10.06K | ▼ -26.9 pp |
| 2001 | 98.0% | CA$141.81K | CA$144.70K | CA$155.58K | CA$13.77K | — |