H&G High Conviction Ltd (HCF) — Working Capital to Net Assets Ratio
H&G High Conviction Ltd (HCF) has a Working Capital to Net Assets ratio of 100.0% as of December 2025. Working capital of AU$199.07K (current assets of AU$221.27K minus current liabilities of AU$22.20K) is measured against net assets of AU$199.07K. A higher ratio indicates strong short-term liquidity financed by the equity base. See how financially flexible is H&G High Conviction Ltd to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
H&G High Conviction Ltd Working Capital to Net Assets (2021–2025)
This chart shows how H&G High Conviction Ltd's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2021 to 2025. As of December 2025, the ratio stands at 100.0%, reflecting working capital of AU$199.07K against net assets of AU$199.07K AUD. See HCF days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for H&G High Conviction Ltd (2021–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for H&G High Conviction Ltd from 2021 to 2025, covering 4 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 H&G High Conviction Ltd.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 100.0% | AU$249.88K | AU$249.88K | AU$271.80K | AU$21.92K | ▼ -3.0 pp |
| 2024 | 103.0% | AU$26.89 Million | AU$26.11 Million | AU$28.15 Million | AU$1.26 Million | ▼ -2.5 pp |
| 2023 | 105.4% | AU$27.22 Million | AU$25.81 Million | AU$27.91 Million | AU$692.65K | ▲ +84.7 pp |
| 2021 | 20.7% | AU$2.45 Million | AU$11.84 Million | AU$2.87 Million | AU$418.00K | — |