Etherstack Plc (ESK) — Working Capital to Net Assets Ratio
Etherstack Plc (ESK) has a Working Capital to Net Assets ratio of 9.7% as of December 2025. Working capital of AU$1.32 Million (current assets of AU$7.40 Million minus current liabilities of AU$6.07 Million) is measured against net assets of AU$13.64 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Etherstack Plc (ESK) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Etherstack Plc Working Capital to Net Assets (2011–2025)
This chart shows how Etherstack Plc's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2011 to 2025. As of December 2025, the ratio stands at 9.7%, reflecting working capital of AU$1.32 Million against net assets of AU$13.64 Million AUD. Check Etherstack Plc tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Etherstack Plc (2011–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Etherstack Plc from 2011 to 2025, covering 15 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 ESK market cap.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 9.7% | AU$1.32 Million | AU$13.64 Million | AU$7.40 Million | AU$6.07 Million | ▲ +16.5 pp |
| 2024 | -6.8% | AU$-689.90K | AU$10.21 Million | AU$5.97 Million | AU$6.66 Million | ▼ -41.4 pp |
| 2023 | 34.6% | AU$4.99 Million | AU$14.42 Million | AU$10.21 Million | AU$5.22 Million | ▲ +19.0 pp |
| 2022 | 15.6% | AU$2.09 Million | AU$13.39 Million | AU$8.47 Million | AU$6.38 Million | ▲ +32.4 pp |
| 2021 | -16.8% | AU$-1.50 Million | AU$8.97 Million | AU$6.01 Million | AU$7.51 Million | ▼ -23.2 pp |
| 2020 | 6.4% | AU$339.81K | AU$5.30 Million | AU$7.82 Million | AU$7.48 Million | ▼ -435.1 pp |
| 2019 | 441.5% | AU$-1.90 Million | AU$-431.00K | AU$3.46 Million | AU$5.37 Million | ▼ -1065.7 pp |
| 2018 | 1507.2% | AU$-3.77 Million | AU$-250.00K | AU$3.40 Million | AU$7.17 Million | ▲ +6692.3 pp |
| 2017 | -5185.1% | AU$-3.47 Million | AU$67.00K | AU$3.08 Million | AU$6.56 Million | ▼ -17261.3 pp |
| 2016 | 12076.2% | AU$-5.07 Million | AU$-42.00K | AU$2.67 Million | AU$7.74 Million | ▲ +11895.9 pp |
| 2015 | 180.3% | AU$-13.52 Million | AU$-7.50 Million | AU$2.61 Million | AU$16.12 Million | ▲ +270.2 pp |
| 2014 | -89.9% | AU$-3.54 Million | AU$3.94 Million | AU$3.13 Million | AU$6.67 Million | ▼ -72.8 pp |
| 2013 | -17.1% | AU$-1.07 Million | AU$6.29 Million | AU$2.58 Million | AU$3.65 Million | ▼ -41.3 pp |
| 2012 | 24.2% | AU$2.21 Million | AU$9.14 Million | AU$5.20 Million | AU$2.99 Million | ▼ -40.6 pp |
| 2011 | 64.8% | AU$10.21 Million | AU$15.76 Million | AU$12.89 Million | AU$2.68 Million | — |