The claim packages are bordered by sizable gold discoveries owned by majors including Kinross, Goldcorp and Western Copper & Gold. The Company has outlined an aggressive exploration plan to further explore its properties. For more information visit www.whitegoldcorp.ca . This news release contains forward-looking information within the meaning of applicable securities legislation. Forward-looking information is typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. Such statements include, without limitation, statements regarding the future results of operations, performance and achievements of the Company and advancement of its properties. Although the Company believes that such statements are reasonable, it can give no assurances that such expectations will prove to be correct. All such forward-looking information is based on certain assumptions and analyses made by the Company in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. This information, however, is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Important factors that could cause actual results to differ from this forward-looking information include those described under the heading "Risks and Uncertainties" in the Company's most recently filed MD&A.
For.hese.easons, comparison of working capital is generally most meaningful among companies within the same industry, and the definition of a “high” or “low” ratio should be made within this context. Working capital abbreviated AC is a financial metric which represents operating liquidity available to a business, organization or other entity, including governmental entity. The longer the cycle is, the longer a business is tying up capital in its working capital without earning a return on it. There are several ways to evaluate a company's working capital further, including calculating the inventory-turnover ratio, the receivables' ratio, days payable, the current ratio, and the quick ratio . The working-capital formula assumes that a company really would liquidate its current assets to pay current liabilities, which is not always realistic considering some cash is always needed to meet payroll obligations and maintain operations. Identify the level of inventory which allows for uninterrupted production but reduces the investment in raw materials—and minimizes reordering costs—and hence increases cash flow. As a result, working capital shortages cause many businesses to fail even though they may actually turn a profit .
This.ffects the cash conversion cycle . Positive working capital is required to ensure that a firm is able to continue its operations and that it has sufficient funds to satisfy both maturing short-term debt and upcoming operational expenses. YES NO 5 people found this helpful. “ The working capital of my business is in the negative because we spent so much of our revenue on assets that cannot be liquidated so we cannot access the money that we need to expand. ” Was this Helpful? Learn about the components of the statement of financial position and how they relate to each other. Analysts commonly point out that the level and timing of a company's cash flows are what really determine whether a company is able to pay its liabilities when due.