Global Masters Fund Ltd (GFL) — Working Capital to Net Assets Ratio
Global Masters Fund Ltd (GFL) has a Working Capital to Net Assets ratio of -19.6% as of June 2026. Working capital of AU$-7.99 Million (current assets of AU$135.07K minus current liabilities of AU$8.12 Million) is measured against net assets of AU$40.77 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Global Masters Fund Ltd Working Capital to Net Assets (2000–2026)
This chart shows how Global Masters Fund Ltd's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2000 to 2026. As of June 2026, the ratio stands at -19.6%, reflecting working capital of AU$-7.99 Million against net assets of AU$40.77 Million AUD. Explore Global Masters Fund Ltd (GFL) long-term investment share to see how much of total assets are deployed in long-term investments.
Annual Working Capital to Net Assets for Global Masters Fund Ltd (2000–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Global Masters Fund Ltd from 2000 to 2026, covering 22 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see total assets of Global Masters Fund Ltd.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | -19.6% | AU$-7.99 Million | AU$40.77 Million | AU$135.07K | AU$8.12 Million | ▼ -24.7 pp |
| 2025 | 5.1% | AU$2.22 Million | AU$43.67 Million | AU$2.80 Million | AU$584.77K | ▲ +4.6 pp |
| 2024 | 0.5% | AU$169.18K | AU$36.54 Million | AU$198.36K | AU$29.18K | ▼ -0.2 pp |
| 2023 | 0.7% | AU$215.78K | AU$31.88 Million | AU$226.28K | AU$10.50K | ▼ -0.1 pp |
| 2022 | 0.8% | AU$213.73K | AU$26.05 Million | AU$230.68K | AU$16.95K | ▼ -0.7 pp |
| 2021 | 1.5% | AU$416.30K | AU$27.08 Million | AU$435.71K | AU$19.41K | ▲ +0.9 pp |
| 2020 | 0.7% | AU$138.73K | AU$20.85 Million | AU$147.39K | AU$8.66K | ▼ -2.2 pp |
| 2019 | 2.9% | AU$648.65K | AU$22.53 Million | AU$654.00K | AU$5.35K | ▲ +0.4 pp |
| 2018 | 2.5% | AU$516.15K | AU$20.99 Million | AU$522.41K | AU$6.25K | ▼ -4.3 pp |
| 2017 | 6.8% | AU$1.01 Million | AU$14.93 Million | AU$1.04 Million | AU$28.51K | ▲ +6.4 pp |
| 2016 | 0.4% | AU$51.26K | AU$13.51 Million | AU$64.66K | AU$13.41K | ▲ +11.0 pp |
| 2015 | -10.7% | AU$-1.37 Million | AU$12.86 Million | AU$62.91K | AU$1.43 Million | ▼ -4.4 pp |
| 2014 | -6.2% | AU$-707.33K | AU$11.35 Million | AU$148.48K | AU$855.81K | ▼ -3.4 pp |
| 2013 | -2.8% | AU$-286.02K | AU$10.14 Million | AU$121.11K | AU$407.12K | ▼ -5.0 pp |
| 2012 | 2.2% | AU$170.78K | AU$7.73 Million | AU$187.79K | AU$17.01K | ▲ +0.7 pp |
| 2011 | 1.5% | AU$114.38K | AU$7.53 Million | AU$131.44K | AU$17.06K | ▲ +0.3 pp |
| 2010 | 1.2% | AU$107.45K | AU$9.14 Million | AU$136.94K | AU$29.49K | ▼ -3.4 pp |
| 2009 | 4.6% | AU$491.61K | AU$10.74 Million | AU$512.25K | AU$20.64K | ▲ +4.0 pp |
| 2008 | 0.6% | AU$83.17K | AU$13.72 Million | AU$101.66K | AU$18.49K | ▲ +0.4 pp |
| 2007 | 0.2% | AU$31.18K | AU$15.57 Million | AU$102.46K | AU$71.27K | ▼ -1.6 pp |
| 2006 | 1.8% | AU$313.13K | AU$16.95 Million | AU$432.35K | AU$119.22K | ▼ -94.5 pp |
| 2000 | 96.4% | AU$8.02 Million | AU$8.32 Million | AU$8.38 Million | AU$366.45K | — |