Visible Gold Mines Inc Working Capital to Net Assets Ratio
Visible Gold Mines Inc working capital to net assets ratio. Visible Gold Mines Inc (VGD) has a Working Capital to Net Assets ratio of 25.9% as of January 2026. Working capital of CA$679.69K (current assets of CA$751.74K minus current liabilities of CA$72.05K) is measured against net assets of CA$2.62 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible net worth ratio of Visible Gold Mines Inc 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 Visible Gold Mines Inc (2007–2025)
Working capital to net assets ratio of Visible Gold Mines Inc from 2007 to 2025. This chart shows how Visible Gold Mines Inc's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2007 to 2025. As of January 2026, the ratio stands at 25.9%, reflecting working capital of CA$679.69K against net assets of CA$2.62 Million CAD. See Visible Gold Mines Inc (VGD) defensive interval to measure how many days the company can operate on defensive assets alone.
Visible Gold Mines Inc Working Capital to Net Assets Ratio by Year (2007–2025)
Visible Gold Mines Inc working capital to net assets ratio by year from 2007 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Visible Gold Mines Inc from 2007 to 2025, covering 19 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see VGD current and non-current assets.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 113.5% | CA$-608.17K | CA$-535.64K | CA$30.48K | CA$638.65K | ▼ -54.8 pp |
| 2024 | 168.4% | CA$-324.82K | CA$-192.92K | CA$44.16K | CA$368.97K | ▲ +184.6 pp |
| 2023 | -16.3% | CA$-88.08K | CA$541.53K | CA$92.44K | CA$180.52K | ▼ -21.3 pp |
| 2022 | 5.0% | CA$68.07K | CA$1.36 Million | CA$186.66K | CA$118.59K | ▼ -0.7 pp |
| 2021 | 5.7% | CA$310.56K | CA$5.43 Million | CA$355.17K | CA$44.61K | ▲ +13.4 pp |
| 2020 | -7.7% | CA$-369.58K | CA$4.80 Million | CA$31.84K | CA$401.41K | ▼ -0.2 pp |
| 2019 | -7.5% | CA$-351.79K | CA$4.70 Million | CA$87.99K | CA$439.78K | ▼ -4.0 pp |
| 2018 | -3.5% | CA$-276.10K | CA$7.85 Million | CA$101.09K | CA$377.19K | ▼ -8.4 pp |
| 2017 | 4.9% | CA$398.40K | CA$8.14 Million | CA$484.76K | CA$86.36K | ▼ -13.3 pp |
| 2016 | 18.2% | CA$1.60 Million | CA$8.81 Million | CA$1.80 Million | CA$204.76K | ▲ +0.2 pp |
| 2015 | 18.0% | CA$1.39 Million | CA$7.69 Million | CA$1.69 Million | CA$308.35K | ▲ +8.5 pp |
| 2014 | 9.5% | CA$940.92K | CA$9.87 Million | CA$1.03 Million | CA$84.79K | ▼ -5.6 pp |
| 2013 | 15.1% | CA$1.61 Million | CA$10.69 Million | CA$1.67 Million | CA$57.24K | ▼ -7.3 pp |
| 2012 | 22.4% | CA$2.96 Million | CA$13.22 Million | CA$3.35 Million | CA$391.20K | ▼ -4.4 pp |
| 2011 | 26.7% | CA$3.22 Million | CA$12.07 Million | CA$4.60 Million | CA$1.37 Million | ▲ +5.8 pp |
| 2010 | 20.9% | CA$961.05K | CA$4.59 Million | CA$1.05 Million | CA$85.02K | ▼ -12.1 pp |
| 2009 | 33.0% | CA$1.68 Million | CA$5.08 Million | CA$1.68 Million | CA$2.01K | ▼ -4.1 pp |
| 2008 | 37.1% | CA$1.89 Million | CA$5.10 Million | CA$2.65 Million | CA$760.59K | ▼ -4.8 pp |
| 2007 | 41.9% | CA$2.32 Million | CA$5.52 Million | CA$2.55 Million | CA$231.01K | — |