Coda Minerals Ltd (COD) — Working Capital to Net Assets Ratio
Coda Minerals Ltd (COD) has a Working Capital to Net Assets ratio of 35.0% as of December 2025. Working capital of AU$10.10 Million (current assets of AU$11.64 Million minus current liabilities of AU$1.54 Million) is measured against net assets of AU$28.83 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Coda Minerals Ltd balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Coda Minerals Ltd Working Capital to Net Assets (2018–2024)
This chart shows how Coda Minerals Ltd's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2018 to 2024. As of December 2025, the ratio stands at 35.0%, reflecting working capital of AU$10.10 Million against net assets of AU$28.83 Million AUD. Check how tangible is Coda Minerals Ltd's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Coda Minerals Ltd (2018–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Coda Minerals 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 how much is Coda Minerals Ltd worth.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 16.3% | AU$3.61 Million | AU$22.12 Million | AU$4.27 Million | AU$663.10K | ▲ +2.4 pp |
| 2023 | 13.9% | AU$2.99 Million | AU$21.60 Million | AU$3.63 Million | AU$636.79K | ▼ -4.5 pp |
| 2022 | 18.3% | AU$4.16 Million | AU$22.70 Million | AU$5.02 Million | AU$858.91K | ▼ -10.3 pp |
| 2021 | 28.7% | AU$7.42 Million | AU$25.88 Million | AU$9.14 Million | AU$1.72 Million | ▼ -62.3 pp |
| 2020 | 91.0% | AU$20.91 Million | AU$22.98 Million | AU$22.04 Million | AU$1.13 Million | ▲ +2.4 pp |
| 2019 | 88.5% | AU$13.61 Million | AU$15.37 Million | AU$14.06 Million | AU$447.18K | ▲ +97.4 pp |
| 2018 | -8.9% | AU$-129.43K | AU$1.46 Million | AU$32.48K | AU$161.91K | — |