Ecofibre Ltd Working Capital to Net Assets Ratio
Ecofibre Ltd working capital to net assets ratio. Ecofibre Ltd (EOF) has a Working Capital to Net Assets ratio of -23.4% as of December 2024. Working capital of AU$-5.89 Million (current assets of AU$10.37 Million minus current liabilities of AU$16.26 Million) is measured against net assets of AU$25.15 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check EOF tangible net worth ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Ecofibre Ltd (2016–2024)
Working capital to net assets ratio of Ecofibre Ltd from 2016 to 2024. This chart shows how Ecofibre Ltd's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of December 2024, the ratio stands at -23.4%, reflecting working capital of AU$-5.89 Million against net assets of AU$25.15 Million AUD. See EOF defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Ecofibre Ltd Working Capital to Net Assets Ratio by Year (2016–2024)
Ecofibre Ltd working capital to net assets ratio by year from 2016 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Ecofibre Ltd from 2016 to 2024, covering 9 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 Ecofibre Ltd (EOF) total assets.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 40.5% | AU$16.59 Million | AU$40.97 Million | AU$37.37 Million | AU$20.78 Million | ▲ +20.2 pp |
| 2023 | 20.3% | AU$15.16 Million | AU$74.65 Million | AU$21.63 Million | AU$6.46 Million | ▼ -5.7 pp |
| 2022 | 26.0% | AU$28.62 Million | AU$109.94 Million | AU$36.69 Million | AU$8.07 Million | ▼ -3.9 pp |
| 2021 | 30.0% | AU$33.49 Million | AU$111.80 Million | AU$39.21 Million | AU$5.72 Million | ▼ -25.2 pp |
| 2020 | 55.2% | AU$34.76 Million | AU$63.00 Million | AU$45.46 Million | AU$10.70 Million | ▼ -24.4 pp |
| 2019 | 79.6% | AU$33.67 Million | AU$42.30 Million | AU$38.75 Million | AU$5.08 Million | ▼ -153.4 pp |
| 2018 | 232.9% | AU$3.63 Million | AU$1.56 Million | AU$8.21 Million | AU$4.58 Million | ▲ +710.2 pp |
| 2017 | -477.3% | AU$3.75 Million | AU$-786.60K | AU$5.10 Million | AU$1.34 Million | ▼ -631.1 pp |
| 2016 | 153.9% | AU$1.46 Million | AU$949.54K | AU$2.49 Million | AU$1.03 Million | — |