Appen Ltd Working Capital to Net Assets Ratio
Appen Ltd working capital to net assets ratio. Appen Ltd (APX) has a Working Capital to Net Assets ratio of 73.3% as of June 2026. Working capital of AU$68.15 Million (current assets of AU$122.88 Million minus current liabilities of AU$54.73 Million) is measured against net assets of AU$92.97 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Appen Ltd (APX) tangible net worth to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Appen Ltd (2013–2025)
Working capital to net assets ratio of Appen Ltd from 2013 to 2025. This chart shows how Appen Ltd's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of June 2026, the ratio stands at 73.3%, reflecting working capital of AU$68.15 Million against net assets of AU$92.97 Million AUD. See APX cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Appen Ltd Working Capital to Net Assets Ratio by Year (2013–2025)
Appen Ltd working capital to net assets ratio by year from 2013 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Appen Ltd from 2013 to 2025, covering 13 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 the complete balance sheet picture, see Appen Ltd balance sheet assets.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 79.6% | AU$75.36 Million | AU$94.67 Million | AU$122.78 Million | AU$47.42 Million | ▲ +5.0 pp |
| 2024 | 74.6% | AU$85.31 Million | AU$114.32 Million | AU$129.18 Million | AU$43.86 Million | ▲ +11.0 pp |
| 2023 | 63.6% | AU$58.98 Million | AU$92.69 Million | AU$106.63 Million | AU$47.66 Million | ▲ +23.4 pp |
| 2022 | 40.3% | AU$60.04 Million | AU$149.13 Million | AU$125.64 Million | AU$65.59 Million | ▲ +15.4 pp |
| 2021 | 24.8% | AU$97.07 Million | AU$390.67 Million | AU$161.47 Million | AU$64.39 Million | ▼ -0.5 pp |
| 2020 | 25.4% | AU$122.86 Million | AU$484.27 Million | AU$200.62 Million | AU$77.76 Million | ▲ +10.0 pp |
| 2019 | 15.3% | AU$73.84 Million | AU$481.78 Million | AU$202.64 Million | AU$128.80 Million | ▼ -37.7 pp |
| 2018 | 53.1% | AU$73.99 Million | AU$139.40 Million | AU$114.31 Million | AU$40.33 Million | ▲ +6.8 pp |
| 2017 | 46.3% | AU$43.26 Million | AU$93.41 Million | AU$68.17 Million | AU$24.91 Million | ▼ -19.6 pp |
| 2016 | 65.9% | AU$23.32 Million | AU$35.40 Million | AU$38.75 Million | AU$15.42 Million | ▲ +0.2 pp |
| 2015 | 65.6% | AU$13.70 Million | AU$20.87 Million | AU$22.05 Million | AU$8.36 Million | ▲ +16.6 pp |
| 2014 | 49.0% | AU$9.63 Million | AU$19.66 Million | AU$18.93 Million | AU$9.30 Million | ▲ +10.5 pp |
| 2013 | 38.5% | AU$6.00 Million | AU$15.60 Million | AU$13.20 Million | AU$7.20 Million | — |