Excite Technology Services Ltd (EXT) — Working Capital to Net Assets Ratio
Excite Technology Services Ltd (EXT) has a Working Capital to Net Assets ratio of 1265.0% as of September 2025. Working capital of AU$-8.12 Million (current assets of AU$7.49 Million minus current liabilities of AU$15.61 Million) is measured against net assets of AU$-641.68K. A higher ratio indicates strong short-term liquidity financed by the equity base. See Excite Technology Services Ltd (EXT) flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Excite Technology Services Ltd Working Capital to Net Assets (1999–2025)
This chart shows how Excite Technology Services Ltd's Working Capital to Net Assets ratio has evolved across 21 annual periods from 1999 to 2025. As of September 2025, the ratio stands at 1265.0%, reflecting working capital of AU$-8.12 Million against net assets of AU$-641.68K AUD. See Excite Technology Services Ltd (EXT) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Excite Technology Services Ltd (1999–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Excite Technology Services Ltd from 1999 to 2025, covering 21 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 Excite Technology Services Ltd stock valuation.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 853.4% | AU$-8.03 Million | AU$-940.44K | AU$3.24 Million | AU$11.27 Million | ▲ +1263.9 pp |
| 2024 | -410.5% | AU$-2.54 Million | AU$618.64K | AU$1.39 Million | AU$3.93 Million | ▼ -320.2 pp |
| 2023 | -90.3% | AU$-1.30 Million | AU$1.44 Million | AU$3.05 Million | AU$4.35 Million | ▼ -140.7 pp |
| 2022 | 50.4% | AU$286.06K | AU$567.50K | AU$2.71 Million | AU$2.42 Million | ▼ -48.9 pp |
| 2021 | 99.3% | AU$3.72 Million | AU$3.74 Million | AU$4.18 Million | AU$458.46K | ▲ +16.2 pp |
| 2020 | 83.1% | AU$416.67K | AU$501.17K | AU$1.05 Million | AU$629.18K | ▲ +196.2 pp |
| 2019 | -113.1% | AU$-730.56K | AU$646.07K | AU$2.59 Million | AU$3.32 Million | ▼ -160.6 pp |
| 2018 | 47.5% | AU$2.62 Million | AU$5.51 Million | AU$5.77 Million | AU$3.15 Million | ▼ -71.6 pp |
| 2017 | 119.1% | AU$7.25 Million | AU$6.09 Million | AU$8.18 Million | AU$929.12K | ▲ +6.7 pp |
| 2016 | 112.4% | AU$9.61 Million | AU$8.55 Million | AU$11.28 Million | AU$1.67 Million | ▼ -5.5 pp |
| 2015 | 117.9% | AU$9.40 Million | AU$7.97 Million | AU$12.99 Million | AU$3.59 Million | ▲ +19.9 pp |
| 2014 | 98.0% | AU$2.29 Million | AU$2.33 Million | AU$2.49 Million | AU$204.29K | ▼ -0.6 pp |
| 2013 | 98.6% | AU$3.01 Million | AU$3.06 Million | AU$3.09 Million | AU$71.36K | ▼ -0.3 pp |
| 2012 | 98.9% | AU$3.50 Million | AU$3.54 Million | AU$3.59 Million | AU$84.67K | ▲ +6.0 pp |
| 2011 | 92.9% | AU$591.79K | AU$637.12K | AU$672.61K | AU$80.82K | ▲ +51.6 pp |
| 2010 | 41.3% | AU$870.44K | AU$2.11 Million | AU$950.82K | AU$80.38K | ▲ +13.8 pp |
| 2009 | 27.6% | AU$565.12K | AU$2.05 Million | AU$625.58K | AU$60.45K | ▲ +10.3 pp |
| 2008 | 17.2% | AU$390.71K | AU$2.27 Million | AU$454.39K | AU$63.68K | ▼ -35.7 pp |
| 2007 | 52.9% | AU$1.38 Million | AU$2.61 Million | AU$1.54 Million | AU$160.32K | ▼ -0.8 pp |
| 2000 | 53.7% | AU$68.45 Million | AU$127.35 Million | AU$101.28 Million | AU$32.83 Million | ▲ +90.4 pp |
| 1999 | -36.6% | AU$8.50 Million | AU$-23.20 Million | AU$46.00 Million | AU$37.50 Million | — |