First Lithium Ltd (FL1) — Working Capital to Net Assets Ratio
First Lithium Ltd (FL1) has a Working Capital to Net Assets ratio of -8.0% as of June 2025. Working capital of AU$-400.46K (current assets of AU$416.41K minus current liabilities of AU$816.87K) is measured against net assets of AU$5.00 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See First Lithium Ltd net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
First Lithium Ltd Working Capital to Net Assets (2021–2025)
This chart shows how First Lithium Ltd's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2021 to 2025. As of June 2025, the ratio stands at -8.0%, reflecting working capital of AU$-400.46K against net assets of AU$5.00 Million AUD. Check First Lithium Ltd (FL1) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for First Lithium Ltd (2021–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for First Lithium Ltd from 2021 to 2025, covering 5 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see FL1 market cap overview.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -8.0% | AU$-400.46K | AU$5.00 Million | AU$416.41K | AU$816.87K | ▼ -34.2 pp |
| 2024 | 26.2% | AU$1.51 Million | AU$5.75 Million | AU$2.29 Million | AU$779.75K | ▼ -73.8 pp |
| 2023 | 100.0% | AU$3.81 Million | AU$3.81 Million | AU$4.08 Million | AU$276.43K | ▲ +27.6 pp |
| 2022 | 72.4% | AU$5.17 Million | AU$7.13 Million | AU$5.28 Million | AU$115.77K | ▲ +183.2 pp |
| 2021 | -110.7% | AU$-490.99K | AU$443.44K | AU$627.48K | AU$1.12 Million | — |