Errawarra Resources Ltd (ERW) — 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. See Errawarra Resources Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Errawarra Resources Ltd Working Capital to Net Assets (2012–2023)
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. For the complete balance sheet picture, see how large is Errawarra Resources Ltd's balance sheet.
Annual Working Capital to Net Assets for Errawarra Resources Ltd (2012–2023)
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. Check ERW cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| 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 | — |