Healius Ltd (HLS) — Working Capital to Net Assets Ratio
Healius Ltd (HLS) has a Working Capital to Net Assets ratio of -33.5% as of December 2025. Working capital of AU$-186.70 Million (current assets of AU$256.60 Million minus current liabilities of AU$443.30 Million) is measured against net assets of AU$557.10 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Healius Ltd balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Healius Ltd Working Capital to Net Assets (1998–2025)
This chart shows how Healius Ltd's Working Capital to Net Assets ratio has evolved across 28 annual periods from 1998 to 2025. As of December 2025, the ratio stands at -33.5%, reflecting working capital of AU$-186.70 Million against net assets of AU$557.10 Million AUD. Check HLS intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Healius Ltd (1998–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Healius Ltd from 1998 to 2025, covering 28 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see market cap of Healius Ltd.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -33.0% | AU$-194.30 Million | AU$587.90 Million | AU$251.90 Million | AU$446.20 Million | ▼ -4.2 pp |
| 2024 | -28.8% | AU$-300.20 Million | AU$1.04 Billion | AU$300.10 Million | AU$600.30 Million | ▼ -9.8 pp |
| 2023 | -19.1% | AU$-287.20 Million | AU$1.51 Billion | AU$342.40 Million | AU$629.60 Million | ▼ -5.0 pp |
| 2022 | -14.0% | AU$-269.50 Million | AU$1.92 Billion | AU$371.80 Million | AU$641.30 Million | ▲ +5.0 pp |
| 2021 | -19.0% | AU$-353.80 Million | AU$1.86 Billion | AU$330.90 Million | AU$684.70 Million | ▼ -37.0 pp |
| 2020 | 17.9% | AU$346.30 Million | AU$1.93 Billion | AU$1.34 Billion | AU$995.30 Million | ▲ +20.2 pp |
| 2019 | -2.2% | AU$-46.10 Million | AU$2.05 Billion | AU$346.50 Million | AU$392.60 Million | ▲ +2.6 pp |
| 2018 | -4.8% | AU$-87.90 Million | AU$1.82 Billion | AU$287.00 Million | AU$374.90 Million | ▼ -1.3 pp |
| 2017 | -3.5% | AU$-65.10 Million | AU$1.87 Billion | AU$266.50 Million | AU$331.60 Million | ▼ -2.2 pp |
| 2016 | -1.3% | AU$-30.50 Million | AU$2.43 Billion | AU$250.30 Million | AU$280.80 Million | ▲ +3.6 pp |
| 2015 | -4.9% | AU$-118.50 Million | AU$2.42 Billion | AU$310.20 Million | AU$428.70 Million | ▼ -2.8 pp |
| 2014 | -2.1% | AU$-49.63 Million | AU$2.37 Billion | AU$204.58 Million | AU$254.22 Million | ▼ -1.8 pp |
| 2013 | -0.3% | AU$-7.18 Million | AU$2.68 Billion | AU$212.40 Million | AU$219.58 Million | ▼ -0.5 pp |
| 2012 | 0.2% | AU$4.81 Million | AU$2.57 Billion | AU$201.03 Million | AU$196.22 Million | ▼ -1.7 pp |
| 2011 | 1.9% | AU$48.38 Million | AU$2.50 Billion | AU$226.36 Million | AU$177.98 Million | ▲ +0.6 pp |
| 2010 | 1.3% | AU$31.80 Million | AU$2.47 Billion | AU$206.56 Million | AU$174.76 Million | ▲ +58.2 pp |
| 2009 | -56.9% | AU$-1.20 Billion | AU$2.12 Billion | AU$411.81 Million | AU$1.62 Billion | ▲ +28.6 pp |
| 2008 | -85.5% | AU$-1.51 Billion | AU$1.76 Billion | AU$1.47 Billion | AU$2.97 Billion | ▼ -85.6 pp |
| 2007 | 0.1% | AU$343.00K | AU$409.41 Million | AU$36.78 Million | AU$36.44 Million | ▲ +1.4 pp |
| 2006 | -1.3% | AU$-5.27 Million | AU$392.42 Million | AU$30.89 Million | AU$36.16 Million | ▲ +2.8 pp |
| 2005 | -4.1% | AU$-13.15 Million | AU$320.01 Million | AU$31.25 Million | AU$44.39 Million | ▼ -6.9 pp |
| 2004 | 2.8% | AU$5.47 Million | AU$198.55 Million | AU$19.51 Million | AU$14.04 Million | ▼ -0.3 pp |
| 2003 | 3.0% | AU$5.65 Million | AU$186.29 Million | AU$22.11 Million | AU$16.46 Million | ▼ -24.9 pp |
| 2002 | 28.0% | AU$48.25 Million | AU$172.54 Million | AU$66.41 Million | AU$18.16 Million | ▲ +7.4 pp |
| 2001 | 20.6% | AU$22.90 Million | AU$111.33 Million | AU$54.07 Million | AU$31.17 Million | ▲ +16.4 pp |
| 2000 | 4.2% | AU$4.61 Million | AU$110.25 Million | AU$23.86 Million | AU$19.25 Million | ▲ +25.8 pp |
| 1999 | -21.6% | AU$-10.17 Million | AU$47.01 Million | AU$8.68 Million | AU$18.85 Million | ▼ -23.6 pp |
| 1998 | 2.0% | AU$500.17K | AU$25.51 Million | AU$4.69 Million | AU$4.19 Million | — |