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.
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. Explore H&G High Conviction Ltd strategic investment ratio to see how much of total assets are deployed in long-term investments.
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 the complete balance sheet picture, see H&G High Conviction Ltd asset portfolio.
| 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 | — |