Ardiden Ltd (ADV) — Working Capital to Net Assets Ratio
Ardiden Ltd (ADV) has a Working Capital to Net Assets ratio of 17.5% as of December 2025. Working capital of AU$12.17 Million (current assets of AU$19.27 Million minus current liabilities of AU$7.10 Million) is measured against net assets of AU$69.63 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See ADV free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ardiden Ltd Working Capital to Net Assets (2005–2025)
This chart shows how Ardiden Ltd's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of December 2025, the ratio stands at 17.5%, reflecting working capital of AU$12.17 Million against net assets of AU$69.63 Million AUD. See Ardiden Ltd (ADV) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Ardiden Ltd (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ardiden Ltd from 2005 to 2025, covering 21 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 market cap of Ardiden Ltd.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 38.5% | AU$11.73 Million | AU$30.49 Million | AU$11.84 Million | AU$108.38K | ▼ -2.7 pp |
| 2024 | 41.2% | AU$13.06 Million | AU$31.69 Million | AU$13.16 Million | AU$102.92K | ▼ -15.8 pp |
| 2023 | 57.0% | AU$23.89 Million | AU$41.93 Million | AU$24.24 Million | AU$347.25K | ▲ +44.5 pp |
| 2022 | 12.5% | AU$3.23 Million | AU$25.95 Million | AU$4.94 Million | AU$1.71 Million | ▲ +6.7 pp |
| 2021 | 5.8% | AU$966.19K | AU$16.70 Million | AU$1.37 Million | AU$400.64K | ▼ -5.3 pp |
| 2020 | 11.1% | AU$1.35 Million | AU$12.13 Million | AU$1.54 Million | AU$191.28K | ▼ -13.5 pp |
| 2019 | 24.6% | AU$3.20 Million | AU$12.97 Million | AU$3.29 Million | AU$94.46K | ▼ -22.7 pp |
| 2018 | 47.3% | AU$6.59 Million | AU$13.92 Million | AU$7.15 Million | AU$564.65K | ▲ +28.1 pp |
| 2017 | 19.2% | AU$1.06 Million | AU$5.54 Million | AU$1.66 Million | AU$600.56K | ▼ -53.4 pp |
| 2016 | 72.6% | AU$3.77 Million | AU$5.19 Million | AU$4.03 Million | AU$267.39K | ▲ +70.7 pp |
| 2015 | 1.9% | AU$11.33K | AU$590.83K | AU$221.44K | AU$210.11K | ▲ +1473.5 pp |
| 2014 | -1471.6% | AU$-650.51K | AU$44.20K | AU$198.38K | AU$848.90K | ▼ -1563.8 pp |
| 2013 | 92.3% | AU$596.52K | AU$646.52K | AU$876.65K | AU$280.13K | ▲ +90.0 pp |
| 2012 | 2.3% | AU$29.45K | AU$1.30 Million | AU$1.14 Million | AU$1.11 Million | ▼ -60.6 pp |
| 2011 | 62.9% | AU$4.64 Million | AU$7.37 Million | AU$5.69 Million | AU$1.06 Million | ▲ +29.2 pp |
| 2010 | 33.6% | AU$1.54 Million | AU$4.59 Million | AU$2.19 Million | AU$646.17K | ▲ +382.2 pp |
| 2009 | -348.5% | AU$-2.04 Million | AU$584.29K | AU$153.69K | AU$2.19 Million | ▼ -439.1 pp |
| 2008 | 90.5% | AU$132.55K | AU$146.39K | AU$180.74K | AU$48.19K | ▲ +100.2 pp |
| 2007 | -9.7% | AU$-224.07K | AU$2.31 Million | AU$146.82K | AU$370.89K | ▼ -23.4 pp |
| 2006 | 13.7% | AU$1.25 Million | AU$9.13 Million | AU$1.39 Million | AU$136.72K | ▼ -18.2 pp |
| 2005 | 31.9% | AU$2.85 Million | AU$8.93 Million | AU$2.92 Million | AU$74.67K | — |