Thesis Gold Inc (TAU) — Working Capital to Net Assets Ratio
Thesis Gold Inc (TAU) has a Working Capital to Net Assets ratio of 15.2% as of November 2025. Working capital of CA$34.53 Million (current assets of CA$41.32 Million minus current liabilities of CA$6.79 Million) is measured against net assets of CA$227.43 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Thesis Gold Inc balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Thesis Gold Inc Working Capital to Net Assets (2020–2025)
This chart shows how Thesis Gold Inc's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of November 2025, the ratio stands at 15.2%, reflecting working capital of CA$34.53 Million against net assets of CA$227.43 Million CAD. Check TAU tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Thesis Gold Inc (2020–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Thesis Gold Inc from 2020 to 2025, 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 Thesis Gold Inc stock valuation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 7.1% | CA$13.01 Million | CA$184.31 Million | CA$15.17 Million | CA$2.16 Million | ▲ +1.7 pp |
| 2024 | 5.4% | CA$8.73 Million | CA$162.26 Million | CA$13.26 Million | CA$4.53 Million | ▼ -17.7 pp |
| 2023 | 23.1% | CA$26.25 Million | CA$113.72 Million | CA$27.70 Million | CA$1.45 Million | ▼ -85.2 pp |
| 2022 | 108.3% | CA$31.00 Million | CA$28.62 Million | CA$42.60 Million | CA$11.60 Million | ▼ -164.1 pp |
| 2021 | 272.4% | CA$32.83 Million | CA$12.05 Million | CA$36.19 Million | CA$3.36 Million | ▲ +1798.0 pp |
| 2020 | -1525.6% | CA$9.24 Million | CA$-605.59K | CA$10.42 Million | CA$1.18 Million | — |