TNR Gold Corp. (TNR) — Working Capital to Net Assets Ratio
TNR Gold Corp. (TNR) has a Working Capital to Net Assets ratio of 101.4% as of March 2026. Working capital of CA$-153.69K (current assets of CA$70.34K minus current liabilities of CA$224.03K) is measured against net assets of CA$-151.61K. A higher ratio indicates strong short-term liquidity financed by the equity base. See TNR free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
TNR Gold Corp. Working Capital to Net Assets (1999–2025)
This chart shows how TNR Gold Corp.'s Working Capital to Net Assets ratio has evolved across 27 annual periods from 1999 to 2025. As of March 2026, the ratio stands at 101.4%, reflecting working capital of CA$-153.69K against net assets of CA$-151.61K CAD. See TNR cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for TNR Gold Corp. (1999–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for TNR Gold Corp. from 1999 to 2025, covering 27 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 TNR Gold Corp. market cap and net worth.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 93.6% | CA$37.91K | CA$40.48K | CA$110.25K | CA$72.34K | ▼ -8.1 pp |
| 2024 | 101.7% | CA$-80.87K | CA$-79.49K | CA$73.13K | CA$154.00K | ▲ +7.3 pp |
| 2023 | 94.4% | CA$573.05K | CA$606.89K | CA$608.36K | CA$35.30K | ▼ -5.6 pp |
| 2022 | 100.0% | CA$-7.11 Million | CA$-7.11 Million | CA$274.01K | CA$7.38 Million | ▲ +95.9 pp |
| 2021 | 4.1% | CA$-291.11K | CA$-7.14 Million | CA$24.52K | CA$315.63K | ▼ -1.4 pp |
| 2020 | 5.5% | CA$-338.81K | CA$-6.14 Million | CA$62.20K | CA$401.01K | ▼ -0.9 pp |
| 2019 | 6.4% | CA$-334.53K | CA$-5.24 Million | CA$18.29K | CA$352.82K | ▼ -93.6 pp |
| 2018 | 100.0% | CA$-4.96 Million | CA$-4.96 Million | CA$917.21K | CA$5.87 Million | ▼ -26.1 pp |
| 2017 | 126.1% | CA$-3.41 Million | CA$-2.70 Million | CA$1.57 Million | CA$4.97 Million | ▲ +112.2 pp |
| 2016 | 13.9% | CA$-595.47K | CA$-4.30 Million | CA$119.05K | CA$714.52K | ▼ -2.1 pp |
| 2015 | 16.0% | CA$-564.88K | CA$-3.54 Million | CA$27.53K | CA$592.41K | ▲ +72.2 pp |
| 2014 | -56.2% | CA$-3.28 Million | CA$5.84 Million | CA$1.13 Million | CA$4.41 Million | ▼ -59.5 pp |
| 2013 | 3.3% | CA$197.37K | CA$5.99 Million | CA$1.93 Million | CA$1.73 Million | ▲ +19.6 pp |
| 2012 | -16.3% | CA$-1.13 Million | CA$6.92 Million | CA$906.02K | CA$2.04 Million | ▼ -9.2 pp |
| 2011 | -7.1% | CA$-888.53K | CA$12.52 Million | CA$709.28K | CA$1.60 Million | ▼ -7.4 pp |
| 2010 | 0.3% | CA$52.11K | CA$17.54 Million | CA$729.06K | CA$676.96K | ▼ -9.2 pp |
| 2009 | 9.5% | CA$1.52 Million | CA$15.98 Million | CA$2.61 Million | CA$1.09 Million | ▲ +19.7 pp |
| 2008 | -10.2% | CA$-1.28 Million | CA$12.53 Million | CA$288.19K | CA$1.57 Million | ▼ -17.1 pp |
| 2007 | 6.9% | CA$694.73K | CA$10.06 Million | CA$1.22 Million | CA$524.56K | ▲ +3.2 pp |
| 2006 | 3.7% | CA$307.34K | CA$8.29 Million | CA$548.91K | CA$241.57K | ▼ -0.9 pp |
| 2005 | 4.6% | CA$282.55K | CA$6.11 Million | CA$547.44K | CA$264.89K | ▼ -15.3 pp |
| 2004 | 20.0% | CA$1.04 Million | CA$5.19 Million | CA$1.35 Million | CA$315.44K | ▲ +22.5 pp |
| 2003 | -2.5% | CA$-94.57K | CA$3.77 Million | CA$363.56K | CA$458.12K | ▼ -14.7 pp |
| 2002 | 12.2% | CA$397.41K | CA$3.27 Million | CA$544.87K | CA$147.46K | ▲ +13.0 pp |
| 2001 | -0.8% | CA$-19.74K | CA$2.42 Million | CA$38.07K | CA$57.80K | ▼ -11.9 pp |
| 2000 | 11.1% | CA$220.32K | CA$1.98 Million | CA$421.87K | CA$201.55K | ▲ +13.2 pp |
| 1999 | -2.1% | CA$-58.84K | CA$2.78 Million | CA$40.91K | CA$99.75K | — |