ChemX Materials Ltd (CMX) — Working Capital to Net Assets Ratio
ChemX Materials Ltd (CMX) has a Working Capital to Net Assets ratio of 100.0% as of December 2025. Working capital of AU$-281.55K (current assets of AU$21.43K minus current liabilities of AU$302.97K) is measured against net assets of AU$-281.55K. A higher ratio indicates strong short-term liquidity financed by the equity base. See CMX FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
ChemX Materials Ltd Working Capital to Net Assets (2020–2024)
This chart shows how ChemX Materials Ltd's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2020 to 2024. As of December 2025, the ratio stands at 100.0%, reflecting working capital of AU$-281.55K against net assets of AU$-281.55K AUD. See CMX days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for ChemX Materials Ltd (2020–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for ChemX Materials Ltd from 2020 to 2024, covering 5 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 CMX stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 100.8% | AU$-2.61 Million | AU$-2.59 Million | AU$1.30 Million | AU$3.91 Million | ▲ +136.2 pp |
| 2023 | -35.4% | AU$-1.57 Million | AU$4.42 Million | AU$1.36 Million | AU$2.92 Million | ▼ -51.0 pp |
| 2022 | 15.6% | AU$1.04 Million | AU$6.69 Million | AU$1.87 Million | AU$829.11K | ▼ -42.6 pp |
| 2021 | 58.2% | AU$5.91 Million | AU$10.17 Million | AU$6.20 Million | AU$285.34K | ▲ +76.1 pp |
| 2020 | -17.9% | AU$-307.60K | AU$1.72 Million | AU$58.55K | AU$366.15K | — |