Butn Ltd (BTN) — Working Capital to Net Assets Ratio
Butn Ltd (BTN) has a Working Capital to Net Assets ratio of 79.1% as of June 2025. Working capital of AU$9.60 Million (current assets of AU$104.94 Million minus current liabilities of AU$95.34 Million) is measured against net assets of AU$12.14 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Butn Ltd (BTN) flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Butn Ltd Working Capital to Net Assets (2018–2024)
This chart shows how Butn Ltd's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2018 to 2024. As of June 2025, the ratio stands at 79.1%, reflecting working capital of AU$9.60 Million against net assets of AU$12.14 Million AUD. See defensive interval ratio of Butn Ltd to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Butn Ltd (2018–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Butn Ltd from 2018 to 2024, covering 7 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 BTN company net worth.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 79.1% | AU$9.60 Million | AU$12.14 Million | AU$104.94 Million | AU$95.34 Million | ▼ -129.4 pp |
| 2023 | 208.5% | AU$16.90 Million | AU$8.11 Million | AU$88.84 Million | AU$71.95 Million | ▼ -232.4 pp |
| 2022 | 440.8% | AU$68.93 Million | AU$15.64 Million | AU$93.87 Million | AU$24.93 Million | ▲ +64.1 pp |
| 2021 | 376.7% | AU$67.89 Million | AU$18.02 Million | AU$71.24 Million | AU$3.35 Million | ▼ -607.1 pp |
| 2020 | 983.8% | AU$35.38 Million | AU$3.60 Million | AU$46.19 Million | AU$10.81 Million | ▲ +2050.0 pp |
| 2019 | -1066.2% | AU$9.67 Million | AU$-907.04K | AU$9.92 Million | AU$252.41K | ▼ -1204.1 pp |
| 2018 | 137.9% | AU$-335.00 | AU$-243.00 | AU$12.00 | AU$347.00 | — |