Lycaon Resources Ltd (LYN) — Working Capital to Net Assets Ratio
Lycaon Resources Ltd (LYN) has a Working Capital to Net Assets ratio of 65.0% as of June 2024. Working capital of AU$4.62 Million (current assets of AU$4.72 Million minus current liabilities of AU$97.12K) is measured against net assets of AU$7.11 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See LYN defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Lycaon Resources Ltd Working Capital to Net Assets (2021–2024)
This chart shows how Lycaon Resources Ltd's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2021 to 2024. As of June 2024, the ratio stands at 65.0%, reflecting working capital of AU$4.62 Million against net assets of AU$7.11 Million AUD. For the complete balance sheet picture, see Lycaon Resources Ltd asset portfolio.
Annual Working Capital to Net Assets for Lycaon Resources Ltd (2021–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Lycaon Resources 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. Check financial resilience of Lycaon Resources Ltd to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 65.0% | AU$4.62 Million | AU$7.11 Million | AU$4.72 Million | AU$97.12K | ▲ +3.8 pp |
| 2023 | 61.2% | AU$2.39 Million | AU$3.90 Million | AU$2.72 Million | AU$331.31K | ▼ -6.5 pp |
| 2022 | 67.7% | AU$3.72 Million | AU$5.50 Million | AU$3.83 Million | AU$105.58K | ▼ -25.9 pp |
| 2021 | 93.5% | AU$4.50 Million | AU$4.81 Million | AU$4.50 Million | AU$456.00 | — |