Alpha Hpa Ltd (A4N) — Working Capital to Net Assets Ratio
Alpha Hpa Ltd (A4N) has a Working Capital to Net Assets ratio of 33.4% as of June 2026. Working capital of AU$142.49 Million (current assets of AU$201.73 Million minus current liabilities of AU$59.24 Million) is measured against net assets of AU$426.27 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See A4N defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Alpha Hpa Ltd Working Capital to Net Assets (2007–2026)
This chart shows how Alpha Hpa Ltd's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2007 to 2026. As of June 2026, the ratio stands at 33.4%, reflecting working capital of AU$142.49 Million against net assets of AU$426.27 Million AUD. For the complete balance sheet picture, see A4N total asset value.
Annual Working Capital to Net Assets for Alpha Hpa Ltd (2007–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Alpha Hpa Ltd from 2007 to 2026, covering 20 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. Check A4N cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 33.4% | AU$142.49 Million | AU$426.27 Million | AU$201.73 Million | AU$59.24 Million | ▼ -4.8 pp |
| 2025 | 38.3% | AU$83.73 Million | AU$218.88 Million | AU$134.30 Million | AU$50.57 Million | ▼ -37.4 pp |
| 2024 | 75.7% | AU$186.99 Million | AU$247.17 Million | AU$201.43 Million | AU$14.44 Million | ▲ +52.9 pp |
| 2023 | 22.7% | AU$12.73 Million | AU$56.02 Million | AU$23.69 Million | AU$10.96 Million | ▼ -4.7 pp |
| 2022 | 27.5% | AU$12.87 Million | AU$46.87 Million | AU$20.24 Million | AU$7.37 Million | ▼ -70.6 pp |
| 2021 | 98.1% | AU$49.32 Million | AU$50.28 Million | AU$51.01 Million | AU$1.68 Million | ▲ +24.8 pp |
| 2020 | 73.3% | AU$7.65 Million | AU$10.44 Million | AU$8.24 Million | AU$586.07K | ▲ +40.8 pp |
| 2019 | 32.5% | AU$1.35 Million | AU$4.16 Million | AU$1.93 Million | AU$579.87K | ▲ +29.4 pp |
| 2018 | 3.1% | AU$319.50K | AU$10.24 Million | AU$1.16 Million | AU$841.68K | ▲ +13.6 pp |
| 2017 | -10.5% | AU$-815.45K | AU$7.80 Million | AU$866.35K | AU$1.68 Million | ▼ -1.8 pp |
| 2016 | -8.7% | AU$-761.91K | AU$8.78 Million | AU$517.49K | AU$1.28 Million | ▼ -33.6 pp |
| 2015 | 24.9% | AU$2.37 Million | AU$9.50 Million | AU$2.47 Million | AU$102.00K | ▼ -18.8 pp |
| 2014 | 43.8% | AU$4.48 Million | AU$10.23 Million | AU$5.06 Million | AU$581.84K | ▲ +47.4 pp |
| 2013 | -3.6% | AU$-221.75K | AU$6.16 Million | AU$368.83K | AU$590.58K | ▼ -3.8 pp |
| 2012 | 0.2% | AU$12.57K | AU$6.09 Million | AU$194.47K | AU$181.90K | ▼ -24.1 pp |
| 2011 | 24.3% | AU$3.56 Million | AU$14.61 Million | AU$3.66 Million | AU$106.71K | ▲ +56.4 pp |
| 2010 | -32.0% | AU$-1.42 Million | AU$4.43 Million | AU$1.35 Million | AU$2.76 Million | ▼ -70.9 pp |
| 2009 | 38.8% | AU$2.00 Million | AU$5.15 Million | AU$2.10 Million | AU$97.43K | ▼ -4.3 pp |
| 2008 | 43.1% | AU$2.05 Million | AU$4.75 Million | AU$2.58 Million | AU$531.21K | ▼ -44.6 pp |
| 2007 | 87.8% | AU$5.11 Million | AU$5.82 Million | AU$5.17 Million | AU$60.73K | — |