Inhalerx Ltd (IRX) — Working Capital to Net Assets Ratio
Inhalerx Ltd (IRX) has a Working Capital to Net Assets ratio of 73.1% as of December 2025. Working capital of AU$-858.51K (current assets of AU$1.21 Million minus current liabilities of AU$2.07 Million) is measured against net assets of AU$-1.18 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Inhalerx Ltd net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Inhalerx Ltd Working Capital to Net Assets (2016–2025)
This chart shows how Inhalerx Ltd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2016 to 2025. As of December 2025, the ratio stands at 73.1%, reflecting working capital of AU$-858.51K against net assets of AU$-1.18 Million AUD. Check Inhalerx Ltd (IRX) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Inhalerx Ltd (2016–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Inhalerx Ltd from 2016 to 2025, covering 10 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 Inhalerx Ltd market capitalisation.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 73.1% | AU$-858.51K | AU$-1.18 Million | AU$1.21 Million | AU$2.07 Million | ▼ -26.4 pp |
| 2024 | 99.5% | AU$-63.65K | AU$-63.97K | AU$712.40K | AU$776.04K | ▼ -0.5 pp |
| 2023 | 100.0% | AU$665.76K | AU$665.47K | AU$1.58 Million | AU$911.12K | ▲ +0.8 pp |
| 2022 | 99.3% | AU$1.89 Million | AU$1.90 Million | AU$2.24 Million | AU$355.32K | ▲ +0.1 pp |
| 2021 | 99.1% | AU$2.65 Million | AU$2.68 Million | AU$2.91 Million | AU$253.34K | ▼ -0.5 pp |
| 2020 | 99.7% | AU$1.32 Million | AU$1.32 Million | AU$1.90 Million | AU$580.10K | ▲ +20.7 pp |
| 2019 | 79.0% | AU$268.52K | AU$340.08K | AU$552.15K | AU$283.63K | ▼ -1.3 pp |
| 2018 | 80.2% | AU$2.15 Million | AU$2.68 Million | AU$2.56 Million | AU$408.33K | ▼ -13.4 pp |
| 2017 | 93.7% | AU$4.22 Million | AU$4.51 Million | AU$4.77 Million | AU$553.73K | ▼ -2.6 pp |
| 2016 | 96.3% | AU$7.05 Million | AU$7.33 Million | AU$8.22 Million | AU$1.17 Million | — |