Lawfinance Ltd Working Capital to Net Assets Ratio
Lawfinance Ltd working capital to net assets ratio. Lawfinance Ltd (LAW) has a Working Capital to Net Assets ratio of 165.1% as of December 2023. Working capital of AU$-5.07 Million (current assets of AU$4.73 Million minus current liabilities of AU$9.80 Million) is measured against net assets of AU$-3.07 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check LAW tangible net assets ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Lawfinance Ltd (1998–2023)
Working capital to net assets ratio of Lawfinance Ltd from 1998 to 2023. This chart shows how Lawfinance Ltd's Working Capital to Net Assets ratio has evolved across 21 annual periods from 1998 to 2023. As of December 2023, the ratio stands at 165.1%, reflecting working capital of AU$-5.07 Million against net assets of AU$-3.07 Million AUD. See Lawfinance Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Lawfinance Ltd Working Capital to Net Assets Ratio by Year (1998–2023)
Lawfinance Ltd working capital to net assets ratio by year from 1998 to 2023. The table below presents the year-by-year Working Capital to Net Assets ratio for Lawfinance Ltd from 1998 to 2023, covering 21 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 Lawfinance Ltd (LAW) total assets.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 165.1% | AU$-5.07 Million | AU$-3.07 Million | AU$4.73 Million | AU$9.80 Million | ▲ +39.6 pp |
| 2022 | 125.6% | AU$-44.27 Million | AU$-35.25 Million | AU$10.60 Million | AU$54.88 Million | ▼ -83.6 pp |
| 2021 | 209.2% | AU$-15.89 Million | AU$-7.60 Million | AU$13.59 Million | AU$29.48 Million | ▲ +13.8 pp |
| 2020 | 195.4% | AU$-71.26 Million | AU$-36.47 Million | AU$29.43 Million | AU$100.69 Million | ▲ +419.2 pp |
| 2019 | -223.8% | AU$-27.93 Million | AU$12.48 Million | AU$26.09 Million | AU$54.01 Million | ▼ -224.0 pp |
| 2018 | 0.1% | AU$26.00K | AU$17.34 Million | AU$31.49 Million | AU$31.47 Million | ▼ -46.0 pp |
| 2017 | 46.2% | AU$2.13 Million | AU$4.61 Million | AU$13.50 Million | AU$11.37 Million | ▼ -68.4 pp |
| 2016 | 114.6% | AU$12.99 Million | AU$11.34 Million | AU$23.71 Million | AU$10.72 Million | ▲ +101.9 pp |
| 2015 | 12.7% | AU$977.81K | AU$7.72 Million | AU$9.56 Million | AU$8.58 Million | ▼ -81.0 pp |
| 2014 | 93.7% | AU$6.58 Million | AU$7.03 Million | AU$6.64 Million | AU$60.66K | ▲ +38.6 pp |
| 2013 | 55.1% | AU$1.34 Million | AU$2.42 Million | AU$5.29 Million | AU$3.96 Million | ▲ +33.0 pp |
| 2012 | 22.2% | AU$316.46K | AU$1.43 Million | AU$340.94K | AU$24.48K | ▼ -33.2 pp |
| 2011 | 55.4% | AU$1.51 Million | AU$2.72 Million | AU$1.73 Million | AU$220.09K | ▼ -18.0 pp |
| 2010 | 73.4% | AU$2.02 Million | AU$2.75 Million | AU$2.14 Million | AU$120.33K | ▼ -25.9 pp |
| 2009 | 99.3% | AU$1.84 Million | AU$1.86 Million | AU$1.96 Million | AU$113.60K | ▼ -0.7 pp |
| 2008 | 100.0% | AU$743.58K | AU$743.58K | AU$758.40K | AU$14.82K | ▲ +0.0 pp |
| 2007 | 100.0% | AU$1.23 Million | AU$1.23 Million | AU$1.23 Million | AU$7.62K | ▲ +282.5 pp |
| 2001 | -182.5% | AU$-444.09K | AU$243.35K | AU$592.09K | AU$1.04 Million | ▼ -174.4 pp |
| 2000 | -8.1% | AU$-70.79K | AU$879.18K | AU$888.93K | AU$959.72K | ▼ -45.5 pp |
| 1999 | 37.4% | AU$3.41 Million | AU$9.11 Million | AU$4.33 Million | AU$914.12K | ▼ -4.7 pp |
| 1998 | 42.1% | AU$4.36 Million | AU$10.36 Million | AU$5.05 Million | AU$684.06K | — |