Kina Securities Ltd (KSL) — Working Capital to Net Assets Ratio
Kina Securities Ltd (KSL) has a Working Capital to Net Assets ratio of -571.8% as of December 2024. Working capital of AU$-3.82 Billion (current assets of AU$530.10 Million minus current liabilities of AU$4.35 Billion) is measured against net assets of AU$668.37 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of Kina Securities Ltd to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Kina Securities Ltd Working Capital to Net Assets (2014–2024)
This chart shows how Kina Securities Ltd's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2014 to 2024. As of December 2024, the ratio stands at -571.8%, reflecting working capital of AU$-3.82 Billion against net assets of AU$668.37 Million AUD. See KSL defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Kina Securities Ltd (2014–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Kina Securities Ltd from 2014 to 2024, covering 11 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see KSL market cap.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -571.8% | AU$-3.82 Billion | AU$668.37 Million | AU$530.10 Million | AU$4.35 Billion | ▼ -884.7 pp |
| 2023 | 312.8% | AU$2.00 Billion | AU$640.32 Million | AU$2.09 Billion | AU$87.79 Million | ▲ +675.4 pp |
| 2022 | -362.6% | AU$-2.22 Billion | AU$611.33 Million | AU$1.66 Billion | AU$3.88 Billion | ▼ -45.8 pp |
| 2021 | -316.7% | AU$-1.83 Billion | AU$576.62 Million | AU$1.22 Billion | AU$3.04 Billion | ▼ -44.7 pp |
| 2020 | -272.0% | AU$-1.57 Billion | AU$577.03 Million | AU$1.01 Billion | AU$2.58 Billion | ▲ +171.8 pp |
| 2019 | -443.8% | AU$-1.45 Billion | AU$327.28 Million | AU$1.03 Billion | AU$2.48 Billion | ▼ -499.9 pp |
| 2018 | 56.1% | AU$377.57 Million | AU$673.12 Million | AU$3.73 Billion | AU$3.35 Billion | ▲ +26.1 pp |
| 2017 | 29.9% | AU$188.49 Million | AU$629.46 Million | AU$2.69 Billion | AU$2.50 Billion | ▲ +66.9 pp |
| 2016 | -37.0% | AU$-217.89 Million | AU$589.07 Million | AU$1.98 Billion | AU$2.20 Billion | ▲ +10.5 pp |
| 2015 | -47.5% | AU$-254.22 Million | AU$534.94 Million | AU$1.25 Billion | AU$1.50 Billion | ▼ -54.0 pp |
| 2014 | 6.5% | AU$33.15 Million | AU$508.31 Million | AU$515.37 Million | AU$482.22 Million | — |