Lykos Metals Ltd (LYK) — Working Capital to Net Assets Ratio

Latest as of October 2024: 80.5%

Lykos Metals Ltd (LYK) has a Working Capital to Net Assets ratio of 80.5% as of October 2024. Working capital of AU$1.14 Million (current assets of AU$1.34 Million minus current liabilities of AU$207.96K) is measured against net assets of AU$1.41 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See LYK net asset quality index to measure how much of total assets are equity-financed.

WC/NA Ratio

80.5%
Working Capital / Net Assets

Working Capital

AU$1.14 Million
AUD

Current Assets

AU$1.34 Million
AUD

Current Liabilities

AU$207.96K
AUD

Lykos Metals Ltd Working Capital to Net Assets (2021–2024)

This chart shows how Lykos Metals Ltd's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2021 to 2024. As of October 2024, the ratio stands at 80.5%, reflecting working capital of AU$1.14 Million against net assets of AU$1.41 Million AUD. Check Lykos Metals Ltd (LYK) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Lykos Metals Ltd (2021–2024)

The table below presents the year-by-year Working Capital to Net Assets ratio for Lykos Metals Ltd from 2021 to 2024, covering 4 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 LYK market cap.

Year WC/NA Ratio Working Capital (AUD) Net Assets Current Assets Current Liabilities Change (pp)
2024 85.7% AU$2.08 Million AU$2.42 Million AU$2.21 Million AU$133.64K ▲ +50.8 pp
2023 34.9% AU$2.39 Million AU$6.85 Million AU$2.52 Million AU$130.91K ▼ -33.4 pp
2022 68.3% AU$7.50 Million AU$10.98 Million AU$7.67 Million AU$168.43K ▼ -31.7 pp
2021 100.0% AU$-5.54K AU$-5.54K AU$26.38K AU$31.92K
pp = percentage points