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 Western Gold Exploration Ltd financial flexibility index to measure the company's free cash flow as a share of total liabilities.
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. See Western Gold Exploration Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
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 stock valuation.
| 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 | — |