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 how financially flexible is Greencastle Resources Ltd. to measure the company's free cash flow as a share of total liabilities.
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. See VGN days of operational coverage to measure how many days the company can operate on defensive assets alone.
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. (VGN) total market value.
| 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 | — |