Kula Gold Ltd (KGD) — Working Capital to Net Assets Ratio
Kula Gold Ltd (KGD) has a Working Capital to Net Assets ratio of -30.7% as of June 2025. Working capital of AU$-522.52K (current assets of AU$97.72K minus current liabilities of AU$620.24K) is measured against net assets of AU$1.70 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See KGD free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Kula Gold Ltd Working Capital to Net Assets (2008–2024)
This chart shows how Kula Gold Ltd's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2008 to 2024. As of June 2025, the ratio stands at -30.7%, reflecting working capital of AU$-522.52K against net assets of AU$1.70 Million AUD. See Kula Gold Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Kula Gold Ltd (2008–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Kula Gold Ltd from 2008 to 2024, covering 17 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see market value of Kula Gold Ltd.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -65.8% | AU$-678.25K | AU$1.03 Million | AU$144.40K | AU$822.65K | ▼ -71.4 pp |
| 2023 | 5.5% | AU$89.39K | AU$1.61 Million | AU$515.88K | AU$426.49K | ▼ -53.2 pp |
| 2022 | 58.7% | AU$2.00 Million | AU$3.41 Million | AU$2.25 Million | AU$249.30K | ▼ -22.9 pp |
| 2021 | 81.6% | AU$1.75 Million | AU$2.14 Million | AU$2.29 Million | AU$544.19K | ▼ -16.9 pp |
| 2020 | 98.5% | AU$1.12 Million | AU$1.14 Million | AU$1.25 Million | AU$130.36K | ▼ -1.5 pp |
| 2019 | 100.0% | AU$-158.45K | AU$-158.45K | AU$31.45K | AU$189.90K | ▲ +114.9 pp |
| 2018 | -14.9% | AU$-429.27 | AU$2.87K | AU$18.99 | AU$448.26 | ▼ -15.0 pp |
| 2017 | 0.0% | AU$2.39 | AU$9.91K | AU$72.38 | AU$69.99 | ▼ -1.9 pp |
| 2016 | 2.0% | AU$703.00 | AU$35.84K | AU$888.00 | AU$185.00 | ▼ -0.9 pp |
| 2015 | 2.9% | AU$1.20K | AU$42.06K | AU$1.39K | AU$189.00 | ▼ -1.0 pp |
| 2014 | 3.9% | AU$2.70K | AU$69.52K | AU$3.09K | AU$390.00 | ▲ +3.2 pp |
| 2013 | 0.7% | AU$735.00K | AU$112.33 Million | AU$3.61 Million | AU$2.87 Million | ▼ -6.1 pp |
| 2012 | 6.8% | AU$7.59 Million | AU$111.94 Million | AU$8.91 Million | AU$1.33 Million | ▼ -6.5 pp |
| 2011 | 13.3% | AU$18.13 Million | AU$136.37 Million | AU$21.84 Million | AU$3.71 Million | ▼ -26.5 pp |
| 2010 | 39.8% | AU$46.58 Million | AU$117.00 Million | AU$50.37 Million | AU$3.79 Million | ▲ +36.8 pp |
| 2009 | 3.1% | AU$1.80 Million | AU$58.98 Million | AU$3.13 Million | AU$1.32 Million | ▼ -2.4 pp |
| 2008 | 5.4% | AU$3.28 Million | AU$60.52 Million | AU$5.00 Million | AU$1.73 Million | — |