GAS2GRID Ltd (GGX) — Working Capital to Net Assets Ratio
GAS2GRID Ltd (GGX) has a Working Capital to Net Assets ratio of 24.2% as of December 2024. Working capital of AU$-1.65 Million (current assets of AU$153.78K minus current liabilities of AU$1.80 Million) is measured against net assets of AU$-6.81 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See GGX FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
GAS2GRID Ltd Working Capital to Net Assets (2005–2024)
This chart shows how GAS2GRID Ltd's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2005 to 2024. As of December 2024, the ratio stands at 24.2%, reflecting working capital of AU$-1.65 Million against net assets of AU$-6.81 Million AUD. See defensive interval ratio of GAS2GRID Ltd to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for GAS2GRID Ltd (2005–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for GAS2GRID Ltd from 2005 to 2024, covering 20 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 market value of GAS2GRID Ltd.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 23.4% | AU$-1.44 Million | AU$-6.15 Million | AU$46.02K | AU$1.48 Million | ▲ +6.8 pp |
| 2023 | 16.5% | AU$-868.47K | AU$-5.26 Million | AU$717.37K | AU$1.59 Million | ▲ +14.7 pp |
| 2022 | 1.8% | AU$-90.03K | AU$-4.90 Million | AU$1.59 Million | AU$1.68 Million | ▼ -98.2 pp |
| 2021 | 100.0% | AU$-10.99 Million | AU$-10.99 Million | AU$2.33 Million | AU$13.32 Million | ▲ +95.9 pp |
| 2020 | 4.1% | AU$-458.33K | AU$-11.15 Million | AU$355.40K | AU$813.73K | ▲ +8.9 pp |
| 2019 | -4.8% | AU$472.51K | AU$-9.84 Million | AU$529.89K | AU$57.37K | ▼ -2.8 pp |
| 2018 | -2.0% | AU$182.97K | AU$-8.94 Million | AU$243.70K | AU$60.74K | ▼ -2.3 pp |
| 2017 | 0.3% | AU$-21.92K | AU$-7.96 Million | AU$65.94K | AU$87.86K | ▲ +1.1 pp |
| 2016 | -0.9% | AU$56.08K | AU$-6.54 Million | AU$233.95K | AU$177.87K | ▲ +0.7 pp |
| 2015 | -1.6% | AU$-115.64K | AU$7.34 Million | AU$286.97K | AU$402.62K | ▲ +3.9 pp |
| 2014 | -5.5% | AU$-673.74K | AU$12.21 Million | AU$414.18K | AU$1.09 Million | ▼ -22.2 pp |
| 2013 | 16.7% | AU$2.02 Million | AU$12.07 Million | AU$5.88 Million | AU$3.86 Million | ▼ -5.7 pp |
| 2012 | 22.4% | AU$3.66 Million | AU$16.36 Million | AU$4.31 Million | AU$642.84K | ▲ +10.9 pp |
| 2011 | 11.5% | AU$967.88K | AU$8.42 Million | AU$1.52 Million | AU$550.62K | ▲ +12.4 pp |
| 2010 | -0.9% | AU$-70.58K | AU$7.74 Million | AU$755.00K | AU$825.58K | ▼ -13.0 pp |
| 2009 | 12.1% | AU$581.19K | AU$4.81 Million | AU$918.75K | AU$337.56K | ▲ +5.5 pp |
| 2008 | 6.6% | AU$385.53K | AU$5.87 Million | AU$966.22K | AU$580.69K | ▼ -9.3 pp |
| 2007 | 15.9% | AU$590.41K | AU$3.72 Million | AU$2.11 Million | AU$1.52 Million | ▲ +10.9 pp |
| 2006 | 4.9% | AU$209.64K | AU$4.27 Million | AU$842.87K | AU$633.23K | ▼ -47.8 pp |
| 2005 | 52.7% | AU$4.90 Million | AU$9.30 Million | AU$5.12 Million | AU$224.37K | — |