Great Divide Mining Ltd Working Capital to Net Assets Ratio
Great Divide Mining Ltd working capital to net assets ratio. Great Divide Mining Ltd (GDM) has a Working Capital to Net Assets ratio of 15.8% as of December 2024. Working capital of AU$518.25K (current assets of AU$938.65K minus current liabilities of AU$420.40K) is measured against net assets of AU$3.27 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible equity quality of Great Divide Mining Ltd to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Great Divide Mining Ltd (2022–2024)
Working capital to net assets ratio of Great Divide Mining Ltd from 2022 to 2024. This chart shows how Great Divide Mining Ltd's Working Capital to Net Assets ratio has evolved across 3 annual periods from 2022 to 2024. As of December 2024, the ratio stands at 15.8%, reflecting working capital of AU$518.25K against net assets of AU$3.27 Million AUD. See how many days can Great Divide Mining Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Great Divide Mining Ltd Working Capital to Net Assets Ratio by Year (2022–2024)
Great Divide Mining Ltd working capital to net assets ratio by year from 2022 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Great Divide Mining Ltd from 2022 to 2024, covering 3 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 total assets of Great Divide Mining Ltd.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 37.9% | AU$1.36 Million | AU$3.58 Million | AU$1.62 Million | AU$265.22K | ▼ -83.1 pp |
| 2023 | 121.1% | AU$-1.18 Million | AU$-971.25K | AU$154.14K | AU$1.33 Million | ▲ +21.1 pp |
| 2022 | 100.0% | AU$-120.80K | AU$-120.80K | AU$53.30K | AU$174.10K | — |