Classic Minerals Ltd Working Capital to Net Assets Ratio
Classic Minerals Ltd working capital to net assets ratio. Classic Minerals Ltd (CLZ) has a Working Capital to Net Assets ratio of 125.8% as of December 2024. Working capital of AU$-26.50 Million (current assets of AU$2.21 Million minus current liabilities of AU$28.70 Million) is measured against net assets of AU$-21.07 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible equity quality of Classic Minerals 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 Classic Minerals Ltd (2009–2024)
Working capital to net assets ratio of Classic Minerals Ltd from 2009 to 2024. This chart shows how Classic Minerals Ltd's Working Capital to Net Assets ratio has evolved across 16 annual periods from 2009 to 2024. As of December 2024, the ratio stands at 125.8%, reflecting working capital of AU$-26.50 Million against net assets of AU$-21.07 Million AUD. See CLZ defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Classic Minerals Ltd Working Capital to Net Assets Ratio by Year (2009–2024)
Classic Minerals Ltd working capital to net assets ratio by year from 2009 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Classic Minerals Ltd from 2009 to 2024, 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 the complete balance sheet picture, see total assets of Classic Minerals Ltd.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 129.5% | AU$-18.25 Million | AU$-14.09 Million | AU$2.26 Million | AU$20.51 Million | ▼ -69.9 pp |
| 2023 | 199.4% | AU$-14.63 Million | AU$-7.34 Million | AU$535.30K | AU$15.16 Million | ▼ -98.4 pp |
| 2022 | 297.8% | AU$-13.97 Million | AU$-4.69 Million | AU$649.16K | AU$14.62 Million | ▲ +5153.6 pp |
| 2021 | -4855.8% | AU$-8.20 Million | AU$168.88K | AU$2.45 Million | AU$10.65 Million | ▼ -5075.4 pp |
| 2020 | 219.6% | AU$-5.16 Million | AU$-2.35 Million | AU$759.77K | AU$5.92 Million | ▼ -233.8 pp |
| 2019 | 453.5% | AU$-2.21K | AU$-487.85 | AU$691.62 | AU$2.90K | ▲ +640.2 pp |
| 2018 | -186.7% | AU$-1.05K | AU$560.86 | AU$2.23K | AU$3.27K | ▼ -292.1 pp |
| 2017 | 105.4% | AU$-2.39K | AU$-2.27K | AU$1.39K | AU$3.78K | ▲ +42.7 pp |
| 2016 | 62.7% | AU$382.17 | AU$609.56 | AU$3.74K | AU$3.35K | ▼ -59.4 pp |
| 2015 | 122.1% | AU$-2.33K | AU$-1.91K | AU$287.69 | AU$2.62K | ▲ +75.4 pp |
| 2014 | 46.7% | AU$1.41K | AU$3.02K | AU$3.66K | AU$2.25K | ▼ -36.5 pp |
| 2013 | 83.2% | AU$1.81 Million | AU$2.17 Million | AU$2.52 Million | AU$706.38K | ▼ -24.7 pp |
| 2012 | 107.9% | AU$-1.24 Million | AU$-1.15 Million | AU$93.94K | AU$1.34 Million | ▼ -2.1 pp |
| 2011 | 109.9% | AU$-764.98K | AU$-695.99K | AU$100.58K | AU$865.55K | ▲ +8.0 pp |
| 2010 | 102.0% | AU$-1.95 Million | AU$-1.91 Million | AU$102.30K | AU$2.05 Million | ▼ -0.1 pp |
| 2009 | 102.0% | AU$-1.77 Million | AU$-1.73 Million | AU$91.88K | AU$1.86 Million | — |