Australian Agricultural Projects Ltd (AAP) — Working Capital to Net Assets Ratio
Australian Agricultural Projects Ltd (AAP) has a Working Capital to Net Assets ratio of 2.3% as of December 2025. Working capital of AU$340.80K (current assets of AU$3.66 Million minus current liabilities of AU$3.32 Million) is measured against net assets of AU$14.55 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Australian Agricultural Projects Ltd (AAP) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Australian Agricultural Projects Ltd Working Capital to Net Assets (1997–2025)
This chart shows how Australian Agricultural Projects Ltd's Working Capital to Net Assets ratio has evolved across 26 annual periods from 1997 to 2025. As of December 2025, the ratio stands at 2.3%, reflecting working capital of AU$340.80K against net assets of AU$14.55 Million AUD. Check AAP intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Australian Agricultural Projects Ltd (1997–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Australian Agricultural Projects Ltd from 1997 to 2025, covering 26 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 AAP stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 17.9% | AU$2.75 Million | AU$15.35 Million | AU$6.04 Million | AU$3.29 Million | ▲ +3.1 pp |
| 2024 | 14.8% | AU$1.87 Million | AU$12.66 Million | AU$5.37 Million | AU$3.49 Million | ▲ +26.9 pp |
| 2023 | -12.1% | AU$-1.16 Million | AU$9.60 Million | AU$3.79 Million | AU$4.95 Million | ▼ -7.2 pp |
| 2022 | -4.9% | AU$-407.40K | AU$8.24 Million | AU$2.86 Million | AU$3.27 Million | ▼ -14.3 pp |
| 2021 | 9.4% | AU$704.94K | AU$7.52 Million | AU$3.70 Million | AU$2.99 Million | ▲ +29.7 pp |
| 2020 | -20.3% | AU$-1.11 Million | AU$5.45 Million | AU$1.42 Million | AU$2.53 Million | ▲ +17.7 pp |
| 2019 | -38.0% | AU$-1.88 Million | AU$4.94 Million | AU$2.73 Million | AU$4.61 Million | ▲ +0.5 pp |
| 2018 | -38.5% | AU$-1.94 Million | AU$5.03 Million | AU$2.02 Million | AU$3.96 Million | ▼ -22.4 pp |
| 2017 | -16.1% | AU$-948.63K | AU$5.88 Million | AU$3.23 Million | AU$4.18 Million | ▲ +9.5 pp |
| 2016 | -25.6% | AU$-1.39 Million | AU$5.44 Million | AU$3.35 Million | AU$4.74 Million | ▲ +10.0 pp |
| 2015 | -35.6% | AU$-1.80 Million | AU$5.06 Million | AU$3.68 Million | AU$5.49 Million | ▲ +64.6 pp |
| 2014 | -100.2% | AU$-4.50 Million | AU$4.49 Million | AU$2.76 Million | AU$7.26 Million | ▼ -64.4 pp |
| 2013 | -35.8% | AU$-1.77 Million | AU$4.95 Million | AU$3.87 Million | AU$5.64 Million | ▲ +125.0 pp |
| 2012 | -160.8% | AU$-5.04 Million | AU$3.14 Million | AU$6.16 Million | AU$11.20 Million | ▼ -110.0 pp |
| 2011 | -50.7% | AU$-4.45 Million | AU$8.77 Million | AU$5.68 Million | AU$10.13 Million | ▼ -39.6 pp |
| 2010 | -11.1% | AU$-970.16K | AU$8.71 Million | AU$5.32 Million | AU$6.29 Million | ▲ +20.4 pp |
| 2009 | -31.6% | AU$-2.57 Million | AU$8.13 Million | AU$5.25 Million | AU$7.81 Million | ▼ -0.9 pp |
| 2008 | -30.7% | AU$-2.48 Million | AU$8.07 Million | AU$5.31 Million | AU$7.79 Million | ▼ -116.3 pp |
| 2007 | 85.6% | AU$1.75 Million | AU$2.05 Million | AU$4.67 Million | AU$2.92 Million | ▲ +1.9 pp |
| 2006 | 83.7% | AU$2.08 Million | AU$2.49 Million | AU$5.28 Million | AU$3.20 Million | ▲ +32.0 pp |
| 2005 | 51.7% | AU$261.64K | AU$505.83K | AU$1.67 Million | AU$1.40 Million | ▼ -23.9 pp |
| 2004 | 75.6% | AU$981.63K | AU$1.30 Million | AU$1.52 Million | AU$535.31K | ▲ +60.0 pp |
| 2000 | 15.6% | AU$54.22 Million | AU$347.12 Million | AU$175.10 Million | AU$120.88 Million | ▲ +16.5 pp |
| 1999 | -0.9% | AU$-2.64 Million | AU$293.29 Million | AU$113.97 Million | AU$116.61 Million | ▲ +13.4 pp |
| 1998 | -14.3% | AU$-15.21 Million | AU$106.19 Million | AU$131.88 Million | AU$147.09 Million | ▲ +77.0 pp |
| 1997 | -91.4% | AU$-36.66 Million | AU$40.13 Million | AU$124.82 Million | AU$161.48 Million | — |