Miramar Resources Ltd Working Capital to Net Assets Ratio
Miramar Resources Ltd working capital to net assets ratio. Miramar Resources Ltd (M2R) has a Working Capital to Net Assets ratio of 3.9% as of June 2025. Working capital of AU$407.32K (current assets of AU$1.24 Million minus current liabilities of AU$835.67K) is measured against net assets of AU$10.41 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Miramar Resources Ltd tangible net worth 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 Miramar Resources Ltd (2019–2024)
Working capital to net assets ratio of Miramar Resources Ltd from 2019 to 2024. This chart shows how Miramar Resources Ltd's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at 3.9%, reflecting working capital of AU$407.32K against net assets of AU$10.41 Million AUD. See Miramar Resources Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Miramar Resources Ltd Working Capital to Net Assets Ratio by Year (2019–2024)
Miramar Resources Ltd working capital to net assets ratio by year from 2019 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Miramar Resources Ltd from 2019 to 2024, covering 6 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 M2R total assets.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 3.9% | AU$407.32K | AU$10.41 Million | AU$1.24 Million | AU$835.67K | ▲ +3.1 pp |
| 2023 | 0.9% | AU$76.45K | AU$8.96 Million | AU$471.56K | AU$395.11K | ▼ -4.4 pp |
| 2022 | 5.3% | AU$462.14K | AU$8.79 Million | AU$758.20K | AU$296.06K | ▼ -27.6 pp |
| 2021 | 32.8% | AU$2.94 Million | AU$8.97 Million | AU$3.48 Million | AU$542.10K | ▼ -25.0 pp |
| 2020 | 57.8% | AU$4.52 Million | AU$7.81 Million | AU$5.21 Million | AU$695.13K | ▼ -42.2 pp |
| 2019 | 100.0% | AU$299.42K | AU$299.42K | AU$330.74K | AU$31.32K | — |