Greenwing Resources Ltd (GW1) — Working Capital to Net Assets Ratio
Greenwing Resources Ltd (GW1) has a Working Capital to Net Assets ratio of -10.8% as of June 2025. Working capital of AU$-2.34 Million (current assets of AU$1.95 Million minus current liabilities of AU$4.29 Million) is measured against net assets of AU$21.69 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Greenwing Resources Ltd (GW1) financial flexibility to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Greenwing Resources Ltd Working Capital to Net Assets (2004–2024)
This chart shows how Greenwing Resources Ltd's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2004 to 2024. As of June 2025, the ratio stands at -10.8%, reflecting working capital of AU$-2.34 Million against net assets of AU$21.69 Million AUD. See GW1 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Greenwing Resources Ltd (2004–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Greenwing Resources Ltd from 2004 to 2024, covering 21 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see GW1 market cap overview.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -10.8% | AU$-2.34 Million | AU$21.69 Million | AU$1.95 Million | AU$4.29 Million | ▲ +26.0 pp |
| 2023 | -36.8% | AU$-6.06 Million | AU$16.48 Million | AU$2.11 Million | AU$8.17 Million | ▼ -18.3 pp |
| 2022 | -18.5% | AU$-2.37 Million | AU$12.84 Million | AU$9.55 Million | AU$11.92 Million | ▲ +6.8 pp |
| 2021 | -25.3% | AU$-2.41 Million | AU$9.53 Million | AU$3.00 Million | AU$5.41 Million | ▼ -39.2 pp |
| 2020 | 13.9% | AU$574.63K | AU$4.14 Million | AU$1.77 Million | AU$1.20 Million | ▲ +195.9 pp |
| 2019 | -182.0% | AU$-4.56 Million | AU$2.51 Million | AU$3.05 Million | AU$7.61 Million | ▼ -195.9 pp |
| 2018 | 13.9% | AU$1.85 Million | AU$13.27 Million | AU$4.08 Million | AU$2.23 Million | ▼ -19.0 pp |
| 2017 | 32.9% | AU$5.52 Million | AU$16.75 Million | AU$6.29 Million | AU$772.00K | ▲ +30.0 pp |
| 2016 | 3.0% | AU$232.44K | AU$7.78 Million | AU$1.98 Million | AU$1.75 Million | ▼ -71.1 pp |
| 2015 | 74.1% | AU$3.84 Million | AU$5.18 Million | AU$5.59 Million | AU$1.76 Million | ▼ -25.3 pp |
| 2014 | 99.4% | AU$3.40 Million | AU$3.42 Million | AU$3.50 Million | AU$104.53K | ▲ +83.0 pp |
| 2013 | 16.4% | AU$607.55K | AU$3.71 Million | AU$712.92K | AU$105.37K | ▼ -24.4 pp |
| 2012 | 40.8% | AU$2.32 Million | AU$5.69 Million | AU$2.62 Million | AU$301.09K | ▼ -39.9 pp |
| 2011 | 80.7% | AU$14.16 Million | AU$17.55 Million | AU$27.26 Million | AU$13.10 Million | ▲ +103.5 pp |
| 2010 | -22.8% | AU$-12.81 Million | AU$56.29 Million | AU$14.77 Million | AU$27.58 Million | ▼ -35.7 pp |
| 2009 | 13.0% | AU$7.34 Million | AU$56.56 Million | AU$14.93 Million | AU$7.59 Million | ▼ -4.8 pp |
| 2008 | 17.8% | AU$7.44 Million | AU$41.72 Million | AU$11.58 Million | AU$4.14 Million | ▼ -14.9 pp |
| 2007 | 32.7% | AU$7.28 Million | AU$22.28 Million | AU$11.15 Million | AU$3.86 Million | ▼ -0.6 pp |
| 2006 | 33.3% | AU$4.56 Million | AU$13.70 Million | AU$5.28 Million | AU$721.48K | ▲ +11.4 pp |
| 2005 | 21.8% | AU$1.05 Million | AU$4.82 Million | AU$1.36 Million | AU$311.20K | ▼ -0.5 pp |
| 2004 | 22.4% | AU$472.42K | AU$2.11 Million | AU$542.91K | AU$70.49K | — |