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 (ERW) balance sheet quality index to measure how much of total assets are equity-financed.
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. Check Errawarra Resources Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company profile, see market value of Errawarra Resources Ltd.
| 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 | — |