Australian Foundation Investment Company Ltd (AFI) — Working Capital to Net Assets Ratio
Australian Foundation Investment Company Ltd (AFI) has a Working Capital to Net Assets ratio of 1.3% as of December 2025. Working capital of AU$105.23 Million (current assets of AU$144.92 Million minus current liabilities of AU$39.68 Million) is measured against net assets of AU$8.34 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See AFI defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Australian Foundation Investment Company Ltd Working Capital to Net Assets (1989–2026)
This chart shows how Australian Foundation Investment Company Ltd's Working Capital to Net Assets ratio has evolved across 40 annual periods from 1989 to 2026. As of December 2025, the ratio stands at 1.3%, reflecting working capital of AU$105.23 Million against net assets of AU$8.34 Billion AUD. For the complete balance sheet picture, see Australian Foundation Investment Company asset portfolio.
Annual Working Capital to Net Assets for Australian Foundation Investment Company Ltd (1989–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Australian Foundation Investment Company Ltd from 1989 to 2026, covering 40 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 Australian Foundation Investment Company (AFI) liquid assets 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 | 1.4% | AU$113.80 Million | AU$8.22 Billion | AU$146.35 Million | AU$32.56 Million | ▼ -0.8 pp |
| 2025 | 2.2% | AU$194.17 Million | AU$8.74 Billion | AU$326.08 Million | AU$131.90 Million | ▲ +0.3 pp |
| 2024 | 2.0% | AU$161.68 Million | AU$8.26 Billion | AU$214.31 Million | AU$52.63 Million | ▼ -0.2 pp |
| 2023 | 2.2% | AU$164.45 Million | AU$7.56 Billion | AU$213.93 Million | AU$49.48 Million | ▲ +1.0 pp |
| 2022 | 1.1% | AU$78.83 Million | AU$6.99 Billion | AU$186.20 Million | AU$107.37 Million | ▼ -0.7 pp |
| 2021 | 1.9% | AU$140.86 Million | AU$7.56 Billion | AU$141.88 Million | AU$1.02 Million | ▼ -0.3 pp |
| 2020 | 2.1% | AU$132.09 Million | AU$6.24 Billion | AU$132.97 Million | AU$884.00K | ▼ -1.2 pp |
| 2019 | 3.3% | AU$217.43 Million | AU$6.62 Billion | AU$246.56 Million | AU$29.13 Million | ▲ +0.5 pp |
| 2018 | 2.8% | AU$176.32 Million | AU$6.34 Billion | AU$176.42 Million | AU$100.00K | ▼ -40.7 pp |
| 2017 | 43.5% | AU$239.30 Million | AU$550.00 Million | AU$390.30 Million | AU$151.00 Million | ▲ +41.1 pp |
| 2017 | 2.4% | AU$143.21 Million | AU$5.97 Billion | AU$157.14 Million | AU$13.93 Million | ▼ -36.3 pp |
| 2016 | 38.7% | AU$241.50 Million | AU$623.50 Million | AU$404.90 Million | AU$163.40 Million | ▲ +38.5 pp |
| 2016 | 0.2% | AU$11.20 Million | AU$5.41 Billion | AU$201.26 Million | AU$190.06 Million | ▼ -31.0 pp |
| 2015 | 31.2% | AU$194.50 Million | AU$624.00 Million | AU$356.90 Million | AU$162.40 Million | ▲ +28.1 pp |
| 2015 | 3.1% | AU$167.59 Million | AU$5.45 Billion | AU$211.83 Million | AU$44.24 Million | ▲ +2.4 pp |
| 2014 | 0.7% | AU$34.26 Million | AU$5.18 Billion | AU$134.84 Million | AU$100.58 Million | ▼ -3.8 pp |
| 2013 | 4.4% | AU$205.68 Million | AU$4.63 Billion | AU$308.71 Million | AU$103.03 Million | ▲ +1.8 pp |
| 2012 | 2.6% | AU$104.06 Million | AU$3.95 Billion | AU$207.38 Million | AU$103.31 Million | ▲ +2.8 pp |
| 2011 | -0.1% | AU$-5.38 Million | AU$4.23 Billion | AU$45.65 Million | AU$51.03 Million | ▼ -2.5 pp |
| 2010 | 2.4% | AU$95.20 Million | AU$3.98 Billion | AU$146.93 Million | AU$51.73 Million | ▼ -2.7 pp |
| 2009 | 5.1% | AU$181.82 Million | AU$3.56 Billion | AU$277.48 Million | AU$95.65 Million | ▼ -0.9 pp |
| 2008 | 6.0% | AU$253.91 Million | AU$4.25 Billion | AU$305.17 Million | AU$51.26 Million | ▲ +6.2 pp |
| 2007 | -0.2% | AU$-11.75 Million | AU$4.76 Billion | AU$47.59 Million | AU$59.34 Million | ▼ -0.2 pp |
| 2006 | -0.1% | AU$-2.00 Million | AU$3.81 Billion | AU$42.29 Million | AU$44.29 Million | ▼ -0.7 pp |
| 2005 | 0.6% | AU$22.70 Million | AU$3.77 Billion | AU$46.34 Million | AU$23.64 Million | ▼ -9.2 pp |
| 2004 | 9.8% | AU$305.61 Million | AU$3.12 Billion | AU$307.43 Million | AU$1.82 Million | ▲ +1.8 pp |
| 2003 | 8.0% | AU$197.78 Million | AU$2.48 Billion | AU$208.63 Million | AU$10.85 Million | ▲ +3.9 pp |
| 2002 | 4.0% | AU$98.33 Million | AU$2.43 Billion | AU$102.37 Million | AU$4.04 Million | ▲ +2.7 pp |
| 2001 | 1.3% | AU$30.56 Million | AU$2.36 Billion | AU$251.86 Million | AU$221.31 Million | ▼ -3.4 pp |
| 2000 | 4.7% | AU$95.34 Million | AU$2.01 Billion | AU$287.15 Million | AU$191.80 Million | ▲ +3.9 pp |
| 1999 | 0.9% | AU$16.37 Million | AU$1.92 Billion | AU$40.34 Million | AU$23.97 Million | ▲ +0.6 pp |
| 1998 | 0.3% | AU$3.93 Million | AU$1.57 Billion | AU$15.36 Million | AU$11.43 Million | ▼ -2.7 pp |
| 1997 | 3.0% | AU$41.16 Million | AU$1.39 Billion | AU$46.67 Million | AU$5.51 Million | ▲ +5.2 pp |
| 1996 | -2.3% | AU$-21.55 Million | AU$943.61 Million | AU$2.45 Million | AU$24.00 Million | ▼ -1.8 pp |
| 1995 | -0.5% | AU$-4.46 Million | AU$838.34 Million | AU$19.00K | AU$4.48 Million | ▼ -0.6 pp |
| 1994 | 0.0% | AU$385.00K | AU$816.90 Million | AU$762.00K | AU$377.00K | ▲ +0.0 pp |
| 1993 | 0.0% | AU$38.00K | AU$722.55 Million | AU$56.75 Million | AU$56.71 Million | ▼ 0.0 pp |
| 1992 | 0.0% | AU$57.00K | AU$613.35 Million | AU$88.42 Million | AU$88.37 Million | ▼ 0.0 pp |
| 1991 | 0.0% | AU$36.00K | AU$304.95 Million | AU$40.39 Million | AU$40.35 Million | ▼ -0.1 pp |
| 1989 | 0.1% | AU$199.00K | AU$248.24 Million | AU$807.00K | AU$608.00K | — |