Volcanic Gold Mines Inc Working Capital to Net Assets Ratio
Volcanic Gold Mines Inc working capital to net assets ratio. Volcanic Gold Mines Inc (VG) has a Working Capital to Net Assets ratio of 87.7% as of December 2025. Working capital of CA$1.30 Million (current assets of CA$1.50 Million minus current liabilities of CA$198.78K) is measured against net assets of CA$1.48 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check VG goodwill-adjusted equity ratio 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 Volcanic Gold Mines Inc (2007–2025)
Working capital to net assets ratio of Volcanic Gold Mines Inc from 2007 to 2025. This chart shows how Volcanic Gold Mines Inc's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2007 to 2025. As of December 2025, the ratio stands at 87.7%, reflecting working capital of CA$1.30 Million against net assets of CA$1.48 Million CAD. See Volcanic Gold Mines Inc defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Volcanic Gold Mines Inc Working Capital to Net Assets Ratio by Year (2007–2025)
Volcanic Gold Mines Inc working capital to net assets ratio by year from 2007 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Volcanic Gold Mines Inc from 2007 to 2025, covering 19 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 VG asset base.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 87.7% | CA$1.30 Million | CA$1.48 Million | CA$1.50 Million | CA$198.78K | ▲ +11.3 pp |
| 2024 | 76.5% | CA$737.83K | CA$964.92K | CA$975.31K | CA$237.48K | ▼ -10.1 pp |
| 2023 | 86.5% | CA$2.97 Million | CA$3.43 Million | CA$3.20 Million | CA$234.33K | ▼ -8.1 pp |
| 2022 | 94.7% | CA$5.38 Million | CA$5.68 Million | CA$5.64 Million | CA$265.45K | ▼ -1.4 pp |
| 2021 | 96.1% | CA$8.04 Million | CA$8.37 Million | CA$8.29 Million | CA$253.09K | ▼ -2.5 pp |
| 2020 | 98.6% | CA$11.56 Million | CA$11.72 Million | CA$11.78 Million | CA$216.68K | ▲ +60.2 pp |
| 2019 | 38.4% | CA$38.83K | CA$101.06K | CA$169.81K | CA$130.99K | ▼ -91.5 pp |
| 2018 | 130.0% | CA$-292.22K | CA$-224.86K | CA$100.21K | CA$392.42K | ▲ +102.2 pp |
| 2017 | 27.8% | CA$1.05 Million | CA$3.78 Million | CA$1.23 Million | CA$182.99K | ▼ -72.2 pp |
| 2016 | 100.0% | CA$168.29K | CA$168.29K | CA$479.72K | CA$311.42K | ▲ +0.0 pp |
| 2015 | 100.0% | CA$296.27K | CA$296.27K | CA$418.52K | CA$122.25K | ▲ +0.0 pp |
| 2014 | 100.0% | CA$412.37K | CA$412.37K | CA$479.17K | CA$66.81K | ▲ +91.1 pp |
| 2013 | 8.9% | CA$65.47K | CA$734.99K | CA$250.48K | CA$185.02K | ▼ -10.9 pp |
| 2012 | 19.8% | CA$167.79K | CA$849.14K | CA$338.44K | CA$170.65K | ▼ -6.2 pp |
| 2011 | 26.0% | CA$308.90K | CA$1.19 Million | CA$488.42K | CA$179.52K | ▲ +7.8 pp |
| 2010 | 18.2% | CA$583.83K | CA$3.21 Million | CA$742.63K | CA$158.80K | ▼ -41.4 pp |
| 2009 | 59.5% | CA$562.45K | CA$944.63K | CA$656.49K | CA$94.04K | ▼ -40.5 pp |
| 2008 | 100.0% | CA$658.03K | CA$658.03K | CA$688.42K | CA$30.39K | ▲ +67.4 pp |
| 2007 | 32.6% | CA$35.04K | CA$107.52K | CA$82.94K | CA$47.90K | — |