Caspin Resources Ltd (CPN) — Working Capital to Net Assets Ratio
Caspin Resources Ltd (CPN) has a Working Capital to Net Assets ratio of 68.9% as of December 2025. Working capital of AU$3.94 Million (current assets of AU$4.89 Million minus current liabilities of AU$956.10K) is measured against net assets of AU$5.72 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See CPN free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Caspin Resources Ltd Working Capital to Net Assets (2019–2024)
This chart shows how Caspin Resources Ltd's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2019 to 2024. As of December 2025, the ratio stands at 68.9%, reflecting working capital of AU$3.94 Million against net assets of AU$5.72 Million AUD. See CPN defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Caspin Resources Ltd (2019–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Caspin Resources Ltd from 2019 to 2024, covering 6 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 Caspin Resources Ltd stock valuation.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 43.5% | AU$1.21 Million | AU$2.77 Million | AU$1.96 Million | AU$756.89K | ▼ -52.4 pp |
| 2023 | 95.9% | AU$1.39 Million | AU$1.45 Million | AU$1.57 Million | AU$183.50K | ▼ -1.1 pp |
| 2022 | 97.0% | AU$3.26 Million | AU$3.36 Million | AU$4.47 Million | AU$1.21 Million | ▼ -1.8 pp |
| 2021 | 98.8% | AU$8.69 Million | AU$8.79 Million | AU$9.17 Million | AU$479.67K | ▲ +39.0 pp |
| 2020 | 59.8% | AU$5.81 Million | AU$9.71 Million | AU$5.89 Million | AU$82.35K | ▼ -15.6 pp |
| 2019 | 75.4% | AU$7.81 Million | AU$10.36 Million | AU$7.81 Million | AU$578.00 | — |