Firetail Resources Ltd Working Capital to Net Assets Ratio
Firetail Resources Ltd working capital to net assets ratio. Firetail Resources Ltd (FTL) has a Working Capital to Net Assets ratio of 3.1% as of December 2024. Working capital of AU$841.46K (current assets of AU$1.78 Million minus current liabilities of AU$941.62K) is measured against net assets of AU$26.94 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Firetail Resources Ltd (2020–2024)
Working capital to net assets ratio of Firetail Resources Ltd from 2020 to 2024. This chart shows how Firetail Resources Ltd's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2020 to 2024. As of December 2024, the ratio stands at 3.1%, reflecting working capital of AU$841.46K against net assets of AU$26.94 Million AUD. Explore Firetail Resources Ltd (FTL) long-term investment share to see how much of total assets are deployed in long-term investments.
Firetail Resources Ltd Working Capital to Net Assets Ratio by Year (2020–2024)
Firetail Resources Ltd working capital to net assets ratio by year from 2020 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Firetail Resources Ltd from 2020 to 2024, 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 the complete balance sheet picture, see FTL current and non-current assets.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 18.7% | AU$4.01 Million | AU$21.37 Million | AU$4.76 Million | AU$752.60K | ▼ -14.1 pp |
| 2023 | 32.8% | AU$4.59 Million | AU$13.99 Million | AU$5.17 Million | AU$576.07K | ▼ -15.0 pp |
| 2022 | 47.8% | AU$7.12 Million | AU$14.88 Million | AU$7.49 Million | AU$373.99K | ▼ -1211.1 pp |
| 2021 | 1258.9% | AU$-55.68K | AU$-4.42K | AU$2.00 | AU$55.68K | ▼ -1623.9 pp |
| 2020 | 2882.8% | AU$-49.24K | AU$-1.71K | AU$2.00 | AU$49.24K | — |