Errawarra Resources Ltd Working Capital to Net Assets Ratio
Errawarra Resources Ltd working capital to net assets ratio. Errawarra Resources Ltd (ERW) has a Working Capital to Net Assets ratio of 93.7% as of December 2024. Working capital of AU$446.25K (current assets of AU$873.67K minus current liabilities of AU$427.41K) is measured against net assets of AU$476.51K. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Errawarra Resources Ltd (2012–2023)
Working capital to net assets ratio of Errawarra Resources Ltd from 2012 to 2023. This chart shows how Errawarra Resources Ltd's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2012 to 2023. As of December 2024, the ratio stands at 93.7%, reflecting working capital of AU$446.25K against net assets of AU$476.51K AUD. See how many days can Errawarra Resources Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Errawarra Resources Ltd Working Capital to Net Assets Ratio by Year (2012–2023)
Errawarra Resources Ltd working capital to net assets ratio by year from 2012 to 2023. The table below presents the year-by-year Working Capital to Net Assets ratio for Errawarra Resources Ltd from 2012 to 2023, covering 12 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 Errawarra Resources Ltd assets under control.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 99.5% | AU$1.75 Million | AU$1.75 Million | AU$2.18 Million | AU$436.17K | ▼ -23.7 pp |
| 2022 | 123.2% | AU$901.99K | AU$732.15K | AU$1.42 Million | AU$516.63K | ▲ +12.4 pp |
| 2021 | 110.8% | AU$2.77 Million | AU$2.50 Million | AU$3.46 Million | AU$689.84K | ▲ +10.8 pp |
| 2020 | 100.0% | AU$3.28 Million | AU$3.28 Million | AU$3.59 Million | AU$305.93K | ▲ +14.9 pp |
| 2019 | 85.1% | AU$5.33 Million | AU$6.27 Million | AU$5.35 Million | AU$19.57K | ▼ -14.9 pp |
| 2018 | 100.0% | AU$-346.43K | AU$-346.43K | AU$59.90K | AU$406.33K | ▲ +0.0 pp |
| 2017 | 100.0% | AU$-362.89K | AU$-362.89K | AU$27.57K | AU$390.46K | ▲ +0.0 pp |
| 2016 | 100.0% | AU$-110.03K | AU$-110.03K | AU$141.09K | AU$251.13K | ▲ +238.5 pp |
| 2015 | -138.5% | AU$157.29K | AU$-113.60K | AU$296.87K | AU$139.58K | ▼ -251.6 pp |
| 2014 | 113.2% | AU$-8.71K | AU$-7.70K | AU$75.85K | AU$84.56K | ▲ +15.0 pp |
| 2013 | 98.2% | AU$68.59K | AU$69.85K | AU$253.29K | AU$184.71K | ▼ -11.3 pp |
| 2012 | 109.5% | AU$195.62K | AU$178.64K | AU$303.05K | AU$107.43K | — |