Pirate Gold Corp. Working Capital to Net Assets Ratio
Pirate Gold Corp. working capital to net assets ratio. Pirate Gold Corp. (YARR) has a Working Capital to Net Assets ratio of 76.1% as of March 2026. Working capital of CA$17.69 Million (current assets of CA$22.28 Million minus current liabilities of CA$4.60 Million) is measured against net assets of CA$23.23 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check how tangible is Pirate Gold Corp.'s equity 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 Pirate Gold Corp. (2021–2024)
Working capital to net assets ratio of Pirate Gold Corp. from 2021 to 2024. This chart shows how Pirate Gold Corp.'s Working Capital to Net Assets ratio has evolved across 4 annual periods from 2021 to 2024. As of March 2026, the ratio stands at 76.1%, reflecting working capital of CA$17.69 Million against net assets of CA$23.23 Million CAD. See defensive interval ratio of Pirate Gold Corp. to measure how many days the company can operate on defensive assets alone.
Pirate Gold Corp. Working Capital to Net Assets Ratio by Year (2021–2024)
Pirate Gold Corp. working capital to net assets ratio by year from 2021 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Pirate Gold Corp. from 2021 to 2024, covering 4 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 Pirate Gold Corp. (YARR) total assets.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 37.3% | CA$2.91 Million | CA$7.79 Million | CA$3.17 Million | CA$264.29K | ▼ -38.6 pp |
| 2023 | 75.9% | CA$4.01 Million | CA$5.28 Million | CA$5.43 Million | CA$1.42 Million | ▼ -11.6 pp |
| 2022 | 87.5% | CA$9.50 Million | CA$10.86 Million | CA$11.16 Million | CA$1.66 Million | ▼ -6.0 pp |
| 2021 | 93.4% | CA$15.28 Million | CA$16.36 Million | CA$15.93 Million | CA$646.15K | — |