Aurizon Holdings Ltd (AZJ) — Working Capital to Net Assets Ratio
Aurizon Holdings Ltd (AZJ) has a Working Capital to Net Assets ratio of -19.1% as of December 2025. Working capital of AU$-790.00 Million (current assets of AU$1.04 Billion minus current liabilities of AU$1.83 Billion) is measured against net assets of AU$4.14 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Aurizon Holdings Ltd (AZJ) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Aurizon Holdings Ltd Working Capital to Net Assets (2010–2025)
This chart shows how Aurizon Holdings Ltd's Working Capital to Net Assets ratio has evolved across 16 annual periods from 2010 to 2025. As of December 2025, the ratio stands at -19.1%, reflecting working capital of AU$-790.00 Million against net assets of AU$4.14 Billion AUD. Check how tangible is Aurizon Holdings Ltd's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Aurizon Holdings Ltd (2010–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Aurizon Holdings Ltd from 2010 to 2025, covering 16 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Aurizon Holdings Ltd (AZJ) total market value.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -17.2% | AU$-701.00 Million | AU$4.09 Billion | AU$1.08 Billion | AU$1.79 Billion | ▼ -0.6 pp |
| 2024 | -16.6% | AU$-735.00 Million | AU$4.44 Billion | AU$991.00 Million | AU$1.73 Billion | ▼ -13.9 pp |
| 2023 | -2.7% | AU$-117.00 Million | AU$4.35 Billion | AU$1.19 Billion | AU$1.31 Billion | ▼ -0.3 pp |
| 2022 | -2.4% | AU$-106.60 Million | AU$4.41 Billion | AU$860.20 Million | AU$966.80 Million | ▼ -4.6 pp |
| 2021 | 2.2% | AU$94.70 Million | AU$4.27 Billion | AU$811.90 Million | AU$717.20 Million | ▲ +19.6 pp |
| 2020 | -17.4% | AU$-757.10 Million | AU$4.36 Billion | AU$715.30 Million | AU$1.47 Billion | ▼ -12.9 pp |
| 2019 | -4.5% | AU$-208.90 Million | AU$4.68 Billion | AU$739.60 Million | AU$948.50 Million | ▼ -3.6 pp |
| 2018 | -0.9% | AU$-42.10 Million | AU$4.73 Billion | AU$806.20 Million | AU$848.30 Million | ▼ -0.6 pp |
| 2017 | -0.3% | AU$-14.80 Million | AU$5.02 Billion | AU$729.40 Million | AU$744.20 Million | ▼ -2.1 pp |
| 2016 | 1.8% | AU$104.60 Million | AU$5.71 Billion | AU$843.90 Million | AU$739.30 Million | ▲ +1.4 pp |
| 2015 | 0.5% | AU$30.00 Million | AU$6.51 Billion | AU$934.00 Million | AU$904.00 Million | ▼ -6.1 pp |
| 2014 | 6.6% | AU$420.00 Million | AU$6.37 Billion | AU$1.31 Billion | AU$894.00 Million | ▲ +4.4 pp |
| 2013 | 2.2% | AU$141.60 Million | AU$6.50 Billion | AU$932.90 Million | AU$791.30 Million | ▲ +0.6 pp |
| 2012 | 1.5% | AU$111.80 Million | AU$7.29 Billion | AU$879.50 Million | AU$767.70 Million | ▲ +0.0 pp |
| 2011 | 1.5% | AU$106.10 Million | AU$6.99 Billion | AU$800.10 Million | AU$694.00 Million | ▲ +0.9 pp |
| 2010 | 0.6% | AU$43.00 Million | AU$6.79 Billion | AU$718.00 Million | AU$675.00 Million | — |