Coda Minerals Ltd Working Capital to Net Assets Ratio
Coda Minerals Ltd 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. Check Coda Minerals Ltd tangible equity quality 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 Coda Minerals Ltd (2018–2024)
Working capital to net assets ratio of Coda Minerals Ltd from 2018 to 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. See Coda Minerals Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Coda Minerals Ltd Working Capital to Net Assets Ratio by Year (2018–2024)
Coda Minerals Ltd working capital to net assets ratio by year from 2018 to 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 the complete balance sheet picture, see how large is Coda Minerals Ltd's balance sheet.
| 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 | — |