Greencastle Resources Ltd. Working Capital to Net Assets Ratio
Greencastle Resources Ltd. working capital to net assets ratio. Greencastle Resources Ltd. (VGN) has a Working Capital to Net Assets ratio of 91.0% as of December 2025. Working capital of CA$1.56 Million (current assets of CA$1.63 Million minus current liabilities of CA$73.75K) is measured against net assets of CA$1.71 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Greencastle Resources Ltd. tangible net worth 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 Greencastle Resources Ltd. (2013–2025)
Working capital to net assets ratio of Greencastle Resources Ltd. from 2013 to 2025. This chart shows how Greencastle Resources Ltd.'s Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of December 2025, the ratio stands at 91.0%, reflecting working capital of CA$1.56 Million against net assets of CA$1.71 Million CAD. See VGN defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Greencastle Resources Ltd. Working Capital to Net Assets Ratio by Year (2013–2025)
Greencastle Resources Ltd. working capital to net assets ratio by year from 2013 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Greencastle Resources Ltd. from 2013 to 2025, covering 13 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 balance sheet size of Greencastle Resources Ltd..
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 91.0% | CA$1.56 Million | CA$1.71 Million | CA$1.63 Million | CA$73.75K | ▼ -7.2 pp |
| 2024 | 98.2% | CA$2.63 Million | CA$2.68 Million | CA$2.69 Million | CA$63.08K | ▲ +2.2 pp |
| 2023 | 96.0% | CA$4.22 Million | CA$4.39 Million | CA$4.26 Million | CA$42.59K | ▼ -1.4 pp |
| 2022 | 97.4% | CA$7.56 Million | CA$7.76 Million | CA$7.60 Million | CA$40.80K | ▼ -2.4 pp |
| 2021 | 99.9% | CA$11.39 Million | CA$11.41 Million | CA$11.47 Million | CA$76.08K | ▲ +0.2 pp |
| 2020 | 99.7% | CA$7.52 Million | CA$7.54 Million | CA$7.78 Million | CA$266.22K | ▲ +42.3 pp |
| 2019 | 57.3% | CA$2.61 Million | CA$4.56 Million | CA$2.71 Million | CA$93.92K | ▲ +3.9 pp |
| 2018 | 53.4% | CA$2.75 Million | CA$5.14 Million | CA$2.93 Million | CA$184.43K | ▲ +5.0 pp |
| 2017 | 48.5% | CA$3.00 Million | CA$6.19 Million | CA$3.42 Million | CA$419.88K | ▼ -34.5 pp |
| 2016 | 83.0% | CA$3.39 Million | CA$4.09 Million | CA$3.81 Million | CA$416.55K | ▼ -17.0 pp |
| 2015 | 100.0% | CA$3.96 Million | CA$3.96 Million | CA$4.06 Million | CA$103.77K | ▲ +11.5 pp |
| 2014 | 88.5% | CA$4.64 Million | CA$5.24 Million | CA$4.75 Million | CA$110.55K | ▼ -1.6 pp |
| 2013 | 90.2% | CA$5.55 Million | CA$6.15 Million | CA$5.69 Million | CA$144.32K | — |