Cardiex Ltd Working Capital to Net Assets Ratio
Cardiex Ltd working capital to net assets ratio. Cardiex Ltd (CDX) has a Working Capital to Net Assets ratio of 71.9% as of December 2024. Working capital of AU$4.75 Million (current assets of AU$14.73 Million minus current liabilities of AU$9.98 Million) is measured against net assets of AU$6.60 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible net worth ratio of Cardiex Ltd 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 Cardiex Ltd (2005–2024)
Working capital to net assets ratio of Cardiex Ltd from 2005 to 2024. This chart shows how Cardiex Ltd's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2005 to 2024. As of December 2024, the ratio stands at 71.9%, reflecting working capital of AU$4.75 Million against net assets of AU$6.60 Million AUD. See defensive interval ratio of Cardiex Ltd to measure how many days the company can operate on defensive assets alone.
Cardiex Ltd Working Capital to Net Assets Ratio by Year (2005–2024)
Cardiex Ltd working capital to net assets ratio by year from 2005 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Cardiex Ltd from 2005 to 2024, covering 20 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 CDX total assets.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 56.3% | AU$2.30 Million | AU$4.09 Million | AU$10.38 Million | AU$8.08 Million | ▼ -264.0 pp |
| 2023 | 320.3% | AU$-3.21 Million | AU$-1.00 Million | AU$11.61 Million | AU$14.81 Million | ▲ +324.6 pp |
| 2022 | -4.3% | AU$-285.92K | AU$6.61 Million | AU$4.83 Million | AU$5.12 Million | ▼ -80.8 pp |
| 2021 | 76.5% | AU$6.05 Million | AU$7.91 Million | AU$9.30 Million | AU$3.25 Million | ▲ +58.7 pp |
| 2020 | 17.8% | AU$1.05 Million | AU$5.88 Million | AU$4.69 Million | AU$3.64 Million | ▼ -8.1 pp |
| 2019 | 25.9% | AU$1.80 Million | AU$6.95 Million | AU$6.96 Million | AU$5.15 Million | ▼ -68.6 pp |
| 2018 | 94.5% | AU$4.34 Million | AU$4.60 Million | AU$6.11 Million | AU$1.77 Million | ▼ -2.1 pp |
| 2017 | 96.6% | AU$1.28 Million | AU$1.33 Million | AU$2.81 Million | AU$1.53 Million | ▲ +1.1 pp |
| 2016 | 95.5% | AU$3.00 Million | AU$3.14 Million | AU$4.38 Million | AU$1.38 Million | ▲ +0.5 pp |
| 2015 | 95.0% | AU$4.12 Million | AU$4.33 Million | AU$5.70 Million | AU$1.58 Million | ▲ +2.9 pp |
| 2014 | 92.1% | AU$3.03 Million | AU$3.28 Million | AU$4.35 Million | AU$1.33 Million | ▼ -1.9 pp |
| 2013 | 94.1% | AU$4.59 Million | AU$4.88 Million | AU$6.02 Million | AU$1.44 Million | ▲ +14.9 pp |
| 2012 | 79.2% | AU$1.49 Million | AU$1.88 Million | AU$3.73 Million | AU$2.24 Million | ▼ -11.5 pp |
| 2011 | 90.7% | AU$2.75 Million | AU$3.03 Million | AU$4.94 Million | AU$2.18 Million | ▲ +0.1 pp |
| 2010 | 90.7% | AU$3.39 Million | AU$3.74 Million | AU$5.52 Million | AU$2.13 Million | ▲ +1.4 pp |
| 2009 | 89.2% | AU$4.14 Million | AU$4.65 Million | AU$7.37 Million | AU$3.23 Million | ▲ +26.8 pp |
| 2008 | 62.4% | AU$3.72 Million | AU$5.96 Million | AU$5.69 Million | AU$1.97 Million | ▼ -12.4 pp |
| 2007 | 74.8% | AU$7.02 Million | AU$9.38 Million | AU$9.02 Million | AU$2.00 Million | ▼ -10.5 pp |
| 2006 | 85.3% | AU$12.29 Million | AU$14.41 Million | AU$13.70 Million | AU$1.40 Million | ▲ +0.2 pp |
| 2005 | 85.1% | AU$16.00 Million | AU$18.80 Million | AU$17.50 Million | AU$1.51 Million | — |