TGS Esports Inc (TGS) — Working Capital to Net Assets Ratio
TGS Esports Inc (TGS) has a Working Capital to Net Assets ratio of 107.6% as of March 2022. Working capital of CA$-2.04 Million (current assets of CA$726.19K minus current liabilities of CA$2.77 Million) is measured against net assets of CA$-1.90 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See TGS Esports Inc (TGS) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
TGS Esports Inc Working Capital to Net Assets (2020–2021)
This chart shows how TGS Esports Inc's Working Capital to Net Assets ratio has evolved across 2 annual periods from 2020 to 2021. As of March 2022, the ratio stands at 107.6%, reflecting working capital of CA$-2.04 Million against net assets of CA$-1.90 Million CAD. For the complete balance sheet picture, see TGS Esports Inc balance sheet assets.
Annual Working Capital to Net Assets for TGS Esports Inc (2020–2021)
The table below presents the year-by-year Working Capital to Net Assets ratio for TGS Esports Inc from 2020 to 2021, covering 2 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. Explore TGS Esports Inc long-term investment allocation to see how much of total assets are deployed in long-term investments.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2021 | 178.4% | CA$-485.38K | CA$-272.01K | CA$1.12 Million | CA$1.61 Million | ▲ +117.4 pp |
| 2020 | 61.0% | CA$-1.71 Million | CA$-2.80 Million | CA$285.30K | CA$1.99 Million | — |