Codrus Minerals Ltd (CDR) — Working Capital to Net Assets Ratio
Codrus Minerals Ltd (CDR) has a Working Capital to Net Assets ratio of 89.5% as of December 2025. Working capital of AU$413.72K (current assets of AU$553.82K minus current liabilities of AU$140.10K) is measured against net assets of AU$462.49K. A higher ratio indicates strong short-term liquidity financed by the equity base. See how financially flexible is Codrus Minerals Ltd to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Codrus Minerals Ltd Working Capital to Net Assets (2017–2024)
This chart shows how Codrus Minerals Ltd's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of December 2025, the ratio stands at 89.5%, reflecting working capital of AU$413.72K against net assets of AU$462.49K AUD. See CDR defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Codrus Minerals Ltd (2017–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Codrus Minerals Ltd from 2017 to 2024, covering 8 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 CDR market cap.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 95.9% | AU$1.33 Million | AU$1.39 Million | AU$1.88 Million | AU$543.91K | ▼ -0.4 pp |
| 2023 | 96.3% | AU$1.91 Million | AU$1.98 Million | AU$2.22 Million | AU$307.95K | ▼ -1.0 pp |
| 2022 | 97.3% | AU$1.67 Million | AU$1.71 Million | AU$1.94 Million | AU$272.14K | ▼ -1.8 pp |
| 2021 | 99.1% | AU$3.88 Million | AU$3.91 Million | AU$4.18 Million | AU$301.60K | ▼ -0.9 pp |
| 2020 | 100.0% | AU$7.25 Million | AU$7.25 Million | AU$7.53 Million | AU$278.03K | ▲ +98.8 pp |
| 2019 | 1.2% | AU$-20.00K | AU$-1.74 Million | AU$0.00 | AU$20.00K | ▲ +1.2 pp |
| 2018 | 0.0% | AU$0.00 | AU$-1.20 Million | AU$0.00 | AU$0.00 | ▲ +0.0 pp |
| 2017 | 0.0% | AU$0.00 | AU$-841.36K | AU$0.00 | AU$0.00 | — |