Miramar Resources Ltd (M2R) — 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. See how leveraged is Miramar Resources Ltd's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Miramar Resources Ltd Working Capital to Net Assets (2019–2024)
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. Check M2R intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Miramar Resources Ltd (2019–2024)
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 live market cap and the full company profile, see how much is Miramar Resources Ltd worth.
| 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 | — |