Cochlear Ltd (COH) — Working Capital to Net Assets Ratio
Cochlear Ltd (COH) has a Working Capital to Net Assets ratio of 41.8% as of June 2025. Working capital of AU$814.50 Million (current assets of AU$1.42 Billion minus current liabilities of AU$602.30 Million) is measured against net assets of AU$1.95 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See COH net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Cochlear Ltd Working Capital to Net Assets (1996–2025)
This chart shows how Cochlear Ltd's Working Capital to Net Assets ratio has evolved across 30 annual periods from 1996 to 2025. As of June 2025, the ratio stands at 41.8%, reflecting working capital of AU$814.50 Million against net assets of AU$1.95 Billion AUD. Check Cochlear Ltd (COH) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Cochlear Ltd (1996–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Cochlear Ltd from 1996 to 2025, covering 30 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 COH company net worth.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 41.8% | AU$814.50 Million | AU$1.95 Billion | AU$1.42 Billion | AU$602.30 Million | ▼ -2.8 pp |
| 2024 | 44.6% | AU$820.60 Million | AU$1.84 Billion | AU$1.45 Billion | AU$631.50 Million | ▼ -0.2 pp |
| 2023 | 44.8% | AU$783.50 Million | AU$1.75 Billion | AU$1.36 Billion | AU$578.00 Million | ▼ -2.6 pp |
| 2022 | 47.4% | AU$799.40 Million | AU$1.69 Billion | AU$1.33 Billion | AU$527.60 Million | ▼ -1.6 pp |
| 2021 | 49.0% | AU$827.50 Million | AU$1.69 Billion | AU$1.23 Billion | AU$402.50 Million | ▲ +1.9 pp |
| 2020 | 47.1% | AU$660.00 Million | AU$1.40 Billion | AU$1.48 Billion | AU$817.50 Million | ▲ +9.1 pp |
| 2019 | 38.0% | AU$275.50 Million | AU$725.90 Million | AU$635.00 Million | AU$359.50 Million | ▼ -10.6 pp |
| 2018 | 48.5% | AU$296.50 Million | AU$610.80 Million | AU$584.20 Million | AU$287.70 Million | ▲ +4.5 pp |
| 2017 | 44.0% | AU$239.30 Million | AU$543.60 Million | AU$585.90 Million | AU$346.60 Million | ▼ -21.1 pp |
| 2016 | 65.1% | AU$291.93 Million | AU$448.56 Million | AU$543.03 Million | AU$251.10 Million | ▲ +41.0 pp |
| 2015 | 24.1% | AU$85.74 Million | AU$355.39 Million | AU$489.03 Million | AU$403.28 Million | ▼ -52.2 pp |
| 2014 | 76.3% | AU$251.30 Million | AU$329.20 Million | AU$420.88 Million | AU$169.58 Million | ▲ +16.5 pp |
| 2013 | 59.8% | AU$213.39 Million | AU$356.91 Million | AU$405.22 Million | AU$191.83 Million | ▲ +30.7 pp |
| 2012 | 29.1% | AU$111.94 Million | AU$384.88 Million | AU$373.88 Million | AU$261.94 Million | ▼ -11.9 pp |
| 2011 | 41.0% | AU$206.42 Million | AU$503.28 Million | AU$429.88 Million | AU$223.46 Million | ▼ -12.5 pp |
| 2010 | 53.6% | AU$234.74 Million | AU$438.31 Million | AU$447.89 Million | AU$213.15 Million | ▼ -16.2 pp |
| 2009 | 69.8% | AU$254.18 Million | AU$364.23 Million | AU$371.32 Million | AU$117.14 Million | ▲ +8.0 pp |
| 2008 | 61.7% | AU$197.15 Million | AU$319.34 Million | AU$322.10 Million | AU$124.94 Million | ▲ +44.8 pp |
| 2007 | 16.9% | AU$44.19 Million | AU$260.81 Million | AU$323.74 Million | AU$279.55 Million | ▼ -19.2 pp |
| 2006 | 36.1% | AU$75.75 Million | AU$209.78 Million | AU$279.20 Million | AU$203.46 Million | ▼ -2.5 pp |
| 2005 | 38.6% | AU$64.08 Million | AU$165.87 Million | AU$251.03 Million | AU$186.95 Million | ▼ -26.0 pp |
| 2004 | 64.7% | AU$94.11 Million | AU$145.53 Million | AU$200.40 Million | AU$106.30 Million | ▼ -2.2 pp |
| 2003 | 66.9% | AU$80.04 Million | AU$119.69 Million | AU$179.48 Million | AU$99.44 Million | ▲ +14.1 pp |
| 2002 | 52.8% | AU$39.81 Million | AU$75.42 Million | AU$123.18 Million | AU$83.37 Million | ▼ -7.6 pp |
| 2001 | 60.4% | AU$33.50 Million | AU$55.49 Million | AU$106.44 Million | AU$72.94 Million | ▲ +10.0 pp |
| 2000 | 50.4% | AU$21.58 Million | AU$42.83 Million | AU$71.97 Million | AU$50.39 Million | ▲ +4.5 pp |
| 1999 | 45.9% | AU$15.61 Million | AU$34.05 Million | AU$64.01 Million | AU$48.40 Million | ▼ -3.9 pp |
| 1998 | 49.7% | AU$15.96 Million | AU$32.09 Million | AU$52.57 Million | AU$36.61 Million | ▲ +4.3 pp |
| 1997 | 45.4% | AU$10.58 Million | AU$23.31 Million | AU$38.19 Million | AU$27.61 Million | ▲ +13.9 pp |
| 1996 | 31.5% | AU$5.81 Million | AU$18.46 Million | AU$35.22 Million | AU$29.41 Million | — |