COG Financial Services Ltd (COG) — Working Capital to Net Assets Ratio
COG Financial Services Ltd (COG) has a Working Capital to Net Assets ratio of -10.9% as of December 2025. Working capital of AU$-21.99 Million (current assets of AU$305.92 Million minus current liabilities of AU$327.91 Million) is measured against net assets of AU$201.53 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See COG Financial Services Ltd (COG) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
COG Financial Services Ltd Working Capital to Net Assets (2003–2025)
This chart shows how COG Financial Services Ltd's Working Capital to Net Assets ratio has evolved across 23 annual periods from 2003 to 2025. As of December 2025, the ratio stands at -10.9%, reflecting working capital of AU$-21.99 Million against net assets of AU$201.53 Million AUD. For the complete balance sheet picture, see COG total asset value.
Annual Working Capital to Net Assets for COG Financial Services Ltd (2003–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for COG Financial Services Ltd from 2003 to 2025, covering 23 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check COG Financial Services Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -13.6% | AU$-28.06 Million | AU$206.51 Million | AU$288.69 Million | AU$316.75 Million | ▲ +18.4 pp |
| 2024 | -32.0% | AU$-65.21 Million | AU$203.63 Million | AU$240.12 Million | AU$305.34 Million | ▼ -0.5 pp |
| 2023 | -31.5% | AU$-67.59 Million | AU$214.47 Million | AU$205.42 Million | AU$273.01 Million | ▲ +5.1 pp |
| 2022 | -36.6% | AU$-76.02 Million | AU$207.62 Million | AU$173.26 Million | AU$249.28 Million | ▼ -21.9 pp |
| 2021 | -14.7% | AU$-27.86 Million | AU$189.66 Million | AU$205.72 Million | AU$233.58 Million | ▼ -20.3 pp |
| 2020 | 5.6% | AU$10.79 Million | AU$192.39 Million | AU$91.13 Million | AU$80.34 Million | ▼ -0.2 pp |
| 2019 | 5.8% | AU$11.52 Million | AU$198.97 Million | AU$79.38 Million | AU$67.86 Million | ▼ -9.6 pp |
| 2018 | 15.4% | AU$29.30 Million | AU$189.88 Million | AU$89.00 Million | AU$59.70 Million | ▲ +1.0 pp |
| 2017 | 14.4% | AU$27.31 Million | AU$189.04 Million | AU$65.23 Million | AU$37.92 Million | ▲ +14.2 pp |
| 2016 | 0.2% | AU$183.00K | AU$88.69 Million | AU$4.59 Million | AU$4.41 Million | ▼ -23.2 pp |
| 2015 | 23.4% | AU$13.32 Million | AU$56.81 Million | AU$13.96 Million | AU$643.13K | ▲ +14.5 pp |
| 2014 | 8.9% | AU$3.28 Million | AU$36.88 Million | AU$4.41 Million | AU$1.13 Million | ▼ -34.5 pp |
| 2013 | 43.4% | AU$9.23 Million | AU$21.26 Million | AU$12.68 Million | AU$3.45 Million | ▼ -4.5 pp |
| 2012 | 47.9% | AU$9.75 Million | AU$20.36 Million | AU$18.14 Million | AU$8.39 Million | ▼ -52.1 pp |
| 2011 | 100.0% | AU$16.09 Million | AU$16.09 Million | AU$16.37 Million | AU$280.84K | ▲ +0.0 pp |
| 2010 | 100.0% | AU$2.64 Million | AU$2.64 Million | AU$3.25 Million | AU$612.60K | ▲ +0.0 pp |
| 2009 | 100.0% | AU$4.90 Million | AU$4.90 Million | AU$5.83 Million | AU$930.97K | ▲ +118.9 pp |
| 2008 | -19.0% | AU$-12.23 Million | AU$64.50 Million | AU$3.82 Million | AU$16.05 Million | ▲ +80.6 pp |
| 2007 | -99.6% | AU$-90.66 Million | AU$91.05 Million | AU$9.42 Million | AU$100.08 Million | ▼ -74.9 pp |
| 2006 | -24.7% | AU$-8.70 Million | AU$35.24 Million | AU$6.82 Million | AU$15.52 Million | ▼ -28.7 pp |
| 2005 | 4.0% | AU$1.15 Million | AU$29.12 Million | AU$2.48 Million | AU$1.33 Million | ▲ +100.1 pp |
| 2004 | -96.1% | AU$-23.92 Million | AU$24.88 Million | AU$12.58 Million | AU$36.50 Million | ▲ +106.0 pp |
| 2003 | -202.1% | AU$-34.97 Million | AU$17.30 Million | AU$3.40 Million | AU$38.37 Million | — |