Stellar AfricaGold Inc. Working Capital to Net Assets Ratio
Stellar AfricaGold Inc. 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. Check tangible net worth ratio of Stellar AfricaGold Inc. 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 Stellar AfricaGold Inc. (2001–2025)
Working capital to net assets ratio of Stellar AfricaGold Inc. from 2001 to 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 SPX days of operational coverage to measure how many days the company can operate on defensive assets alone.
Stellar AfricaGold Inc. Working Capital to Net Assets Ratio by Year (2001–2025)
Stellar AfricaGold Inc. working capital to net assets ratio by year from 2001 to 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 the complete balance sheet picture, see Stellar AfricaGold Inc. (SPX) total assets.
| 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 | — |