Bellevue Gold Ltd (BGL) — Working Capital to Net Assets Ratio
Bellevue Gold Ltd (BGL) has a Working Capital to Net Assets ratio of 15.9% as of December 2025. Working capital of AU$132.17 Million (current assets of AU$197.75 Million minus current liabilities of AU$65.59 Million) is measured against net assets of AU$830.95 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See BGL equity to assets ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Bellevue Gold Ltd Working Capital to Net Assets (2005–2025)
This chart shows how Bellevue Gold 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 15.9%, reflecting working capital of AU$132.17 Million against net assets of AU$830.95 Million AUD. Check how tangible is Bellevue Gold Ltd's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Bellevue Gold Ltd (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Bellevue Gold 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 Bellevue Gold Ltd (BGL) market capitalisation.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 14.0% | AU$114.61 Million | AU$820.08 Million | AU$180.83 Million | AU$66.22 Million | ▲ +16.7 pp |
| 2024 | -2.8% | AU$-15.44 Million | AU$559.64 Million | AU$94.61 Million | AU$110.05 Million | ▼ -9.1 pp |
| 2023 | 6.3% | AU$26.90 Million | AU$427.55 Million | AU$74.21 Million | AU$47.31 Million | ▼ -23.8 pp |
| 2022 | 30.1% | AU$105.58 Million | AU$350.52 Million | AU$120.43 Million | AU$14.85 Million | ▼ -5.6 pp |
| 2021 | 35.7% | AU$78.82 Million | AU$220.68 Million | AU$96.25 Million | AU$17.43 Million | ▲ +13.3 pp |
| 2020 | 22.4% | AU$21.38 Million | AU$95.51 Million | AU$30.25 Million | AU$8.87 Million | ▼ -7.7 pp |
| 2019 | 30.1% | AU$15.29K | AU$50.85K | AU$20.94K | AU$5.65K | ▼ -3.1 pp |
| 2018 | 33.2% | AU$6.59K | AU$19.85K | AU$8.99K | AU$2.41K | ▲ +26.7 pp |
| 2017 | 6.4% | AU$327.62 | AU$5.09K | AU$1.84K | AU$1.52K | ▼ -93.6 pp |
| 2016 | 100.0% | AU$1.97K | AU$1.97K | AU$2.02K | AU$44.14 | ▲ +0.0 pp |
| 2015 | 100.0% | AU$1.86K | AU$1.86K | AU$1.90K | AU$47.28 | ▲ +0.3 pp |
| 2014 | 99.7% | AU$2.36K | AU$2.37K | AU$2.39K | AU$29.90 | ▲ +47.3 pp |
| 2013 | 52.4% | AU$3.24 Million | AU$6.19 Million | AU$3.45 Million | AU$203.56K | ▲ +13.1 pp |
| 2012 | 39.2% | AU$5.92 Million | AU$15.09 Million | AU$6.12 Million | AU$196.47K | ▼ -60.5 pp |
| 2011 | 99.8% | AU$1.11 Million | AU$1.11 Million | AU$1.16 Million | AU$48.65K | ▼ 0.0 pp |
| 2010 | 99.8% | AU$991.95K | AU$994.25K | AU$1.00 Million | AU$10.01K | ▼ -0.2 pp |
| 2009 | 100.0% | AU$950.31K | AU$950.31K | AU$959.45K | AU$9.14K | ▲ +12.4 pp |
| 2008 | 87.6% | AU$756.16K | AU$862.73K | AU$795.82K | AU$39.66K | ▼ -5.4 pp |
| 2007 | 93.0% | AU$1.51 Million | AU$1.63 Million | AU$1.55 Million | AU$40.02K | ▲ +40.2 pp |
| 2006 | 52.8% | AU$442.16K | AU$838.00K | AU$829.22K | AU$387.06K | ▲ +36.5 pp |
| 2005 | 16.3% | AU$80.07K | AU$492.26K | AU$463.21K | AU$383.14K | — |