Cullen Resources Ltd Working Capital to Net Assets Ratio
Cullen Resources Ltd working capital to net assets ratio. Cullen Resources Ltd (CUL) has a Working Capital to Net Assets ratio of 14.6% as of December 2025. Working capital of AU$813.28K (current assets of AU$987.60K minus current liabilities of AU$174.32K) is measured against net assets of AU$5.58 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible net worth ratio of Cullen Resources Ltd 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 Cullen Resources Ltd (1989–2025)
Working capital to net assets ratio of Cullen Resources Ltd from 1989 to 2025. This chart shows how Cullen Resources Ltd's Working Capital to Net Assets ratio has evolved across 37 annual periods from 1989 to 2025. As of December 2025, the ratio stands at 14.6%, reflecting working capital of AU$813.28K against net assets of AU$5.58 Million AUD. See operational self-sufficiency of Cullen Resources Ltd to measure how many days the company can operate on defensive assets alone.
Cullen Resources Ltd Working Capital to Net Assets Ratio by Year (1989–2025)
Cullen Resources Ltd working capital to net assets ratio by year from 1989 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Cullen Resources Ltd from 1989 to 2025, covering 37 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see CUL current and non-current assets.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -5.3% | AU$-239.38K | AU$4.54 Million | AU$46.00K | AU$285.38K | ▼ -4.0 pp |
| 2024 | -1.3% | AU$-59.57K | AU$4.70 Million | AU$104.68K | AU$164.25K | ▼ -9.6 pp |
| 2023 | 8.4% | AU$436.81K | AU$5.23 Million | AU$603.19K | AU$166.38K | ▼ -0.4 pp |
| 2022 | 8.7% | AU$457.40K | AU$5.24 Million | AU$601.68K | AU$144.29K | ▼ -12.6 pp |
| 2021 | 21.3% | AU$1.29 Million | AU$6.06 Million | AU$1.45 Million | AU$164.32K | ▲ +18.3 pp |
| 2020 | 3.0% | AU$148.27K | AU$4.92 Million | AU$311.11K | AU$162.84K | ▼ -2.1 pp |
| 2019 | 5.1% | AU$257.82K | AU$5.02 Million | AU$407.67K | AU$149.85K | ▼ -1.5 pp |
| 2018 | 6.6% | AU$336.71K | AU$5.10 Million | AU$451.04K | AU$114.33K | ▼ -5.0 pp |
| 2017 | 11.6% | AU$629.68K | AU$5.41 Million | AU$779.24K | AU$149.56K | ▲ +6.5 pp |
| 2016 | 5.1% | AU$313.71K | AU$6.14 Million | AU$575.44K | AU$261.73K | ▼ -4.2 pp |
| 2015 | 9.3% | AU$550.30K | AU$5.89 Million | AU$960.96K | AU$410.65K | ▼ -7.3 pp |
| 2014 | 16.6% | AU$894.99K | AU$5.39 Million | AU$1.16 Million | AU$267.77K | ▼ -12.2 pp |
| 2013 | 28.8% | AU$1.71 Million | AU$5.93 Million | AU$1.92 Million | AU$212.18K | ▼ -1.6 pp |
| 2012 | 30.4% | AU$1.65 Million | AU$5.41 Million | AU$2.60 Million | AU$958.06K | ▼ -8.8 pp |
| 2011 | 39.2% | AU$2.37 Million | AU$6.05 Million | AU$2.70 Million | AU$330.77K | ▼ -0.2 pp |
| 2010 | 39.4% | AU$1.68 Million | AU$4.27 Million | AU$2.17 Million | AU$492.60K | ▼ -28.0 pp |
| 2009 | 67.4% | AU$4.13 Million | AU$6.13 Million | AU$4.76 Million | AU$625.46K | ▲ +10.7 pp |
| 2008 | 56.6% | AU$6.99 Million | AU$12.34 Million | AU$7.48 Million | AU$485.33K | ▲ +33.3 pp |
| 2007 | 23.3% | AU$1.57 Million | AU$6.71 Million | AU$1.80 Million | AU$235.35K | ▲ +7.1 pp |
| 2006 | 16.3% | AU$917.73K | AU$5.64 Million | AU$1.13 Million | AU$211.38K | ▼ -7.2 pp |
| 2005 | 23.5% | AU$1.53 Million | AU$6.50 Million | AU$1.67 Million | AU$143.26K | ▲ +6.3 pp |
| 2004 | 17.2% | AU$955.04K | AU$5.56 Million | AU$1.07 Million | AU$111.32K | ▼ -9.2 pp |
| 2003 | 26.4% | AU$1.43 Million | AU$5.44 Million | AU$1.51 Million | AU$78.28K | ▼ -23.3 pp |
| 2002 | 49.6% | AU$2.61 Million | AU$5.26 Million | AU$2.71 Million | AU$97.42K | ▲ +24.0 pp |
| 2001 | 25.6% | AU$1.07 Million | AU$4.19 Million | AU$1.18 Million | AU$106.26K | ▼ -2.2 pp |
| 2000 | 27.8% | AU$976.25K | AU$3.51 Million | AU$1.07 Million | AU$90.46K | ▼ -6.5 pp |
| 1999 | 34.3% | AU$1.78 Million | AU$5.19 Million | AU$1.99 Million | AU$208.58K | ▲ +15.5 pp |
| 1998 | 18.8% | AU$84.45K | AU$450.10K | AU$124.88K | AU$40.44K | ▼ -40.5 pp |
| 1997 | 59.3% | AU$841.30K | AU$1.42 Million | AU$854.81K | AU$13.51K | ▲ +53.2 pp |
| 1996 | 6.1% | AU$110.41K | AU$1.80 Million | AU$207.90K | AU$97.49K | ▲ +12.1 pp |
| 1995 | -5.9% | AU$-106.00K | AU$1.79 Million | AU$131.00K | AU$237.00K | ▲ +23.0 pp |
| 1994 | -28.9% | AU$-1.03 Million | AU$3.56 Million | AU$161.00K | AU$1.19 Million | ▲ +4.9 pp |
| 1993 | -33.9% | AU$-1.31 Million | AU$3.86 Million | AU$512.00K | AU$1.82 Million | ▼ -58.9 pp |
| 1992 | 25.0% | AU$994.00K | AU$3.97 Million | AU$1.29 Million | AU$293.00K | ▼ -38.3 pp |
| 1991 | 63.4% | AU$5.02 Million | AU$7.93 Million | AU$5.50 Million | AU$478.00K | ▲ +90.0 pp |
| 1990 | -26.6% | AU$-1.85 Million | AU$6.94 Million | AU$1.20 Million | AU$3.04 Million | ▲ +12.9 pp |
| 1989 | -39.6% | AU$-2.46 Million | AU$6.22 Million | AU$1.75 Million | AU$4.21 Million | — |