Greencastle Resources Ltd. (VGN) — 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. See debt-free asset ratio of Greencastle Resources Ltd. to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Greencastle Resources Ltd. Working Capital to Net Assets (2013–2025)
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. Check Greencastle Resources Ltd. tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Greencastle Resources Ltd. (2013–2025)
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 live market cap and the full company profile, see Greencastle Resources Ltd. market cap and net worth.
| 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 | — |