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