Western Gold Exploration Ltd (WGLD) — Working Capital to Net Assets Ratio
Western Gold Exploration Ltd (WGLD) has a Working Capital to Net Assets ratio of 32.8% as of September 2025. Working capital of CA$271.77K (current assets of CA$281.33K minus current liabilities of CA$9.55K) is measured against net assets of CA$829.81K. A higher ratio indicates strong short-term liquidity financed by the equity base. See WGLD equity to assets ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Western Gold Exploration Ltd Working Capital to Net Assets (2019–2024)
This chart shows how Western Gold Exploration Ltd's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2019 to 2024. As of September 2025, the ratio stands at 32.8%, reflecting working capital of CA$271.77K against net assets of CA$829.81K CAD. Check WGLD tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Western Gold Exploration Ltd (2019–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Western Gold Exploration Ltd from 2019 to 2024, covering 6 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 Western Gold Exploration Ltd (WGLD) market capitalisation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 34.0% | CA$288.77K | CA$848.73K | CA$331.05K | CA$42.27K | ▼ -26.6 pp |
| 2023 | 60.6% | CA$873.26K | CA$1.44 Million | CA$912.03K | CA$38.77K | ▲ +5.1 pp |
| 2022 | 55.5% | CA$719.08K | CA$1.29 Million | CA$819.38K | CA$100.30K | ▲ +26.7 pp |
| 2021 | 28.9% | CA$1.69 Million | CA$5.85 Million | CA$1.75 Million | CA$60.80K | ▼ -21.1 pp |
| 2020 | 49.9% | CA$3.12 Million | CA$6.26 Million | CA$3.18 Million | CA$60.98K | ▲ +58.4 pp |
| 2019 | -8.5% | CA$-209.71K | CA$2.47 Million | CA$108.25K | CA$317.96K | — |