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 financial flexibility index of Stellar AfricaGold Inc. to measure the company's free cash flow as a share of total liabilities.
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. See Stellar AfricaGold Inc. (SPX) liquidity interval to measure how many days the company can operate on defensive assets alone.
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. For live market cap and the full company profile, see SPX market cap overview.
| 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 | — |