M3 Mining Ltd Working Capital to Net Assets Ratio
M3 Mining Ltd working capital to net assets ratio. M3 Mining Ltd (M3M) has a Working Capital to Net Assets ratio of 94.2% as of December 2025. Working capital of AU$1.89 Million (current assets of AU$1.93 Million minus current liabilities of AU$42.59K) is measured against net assets of AU$2.01 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of M3 Mining Ltd (2020–2024)
Working capital to net assets ratio of M3 Mining Ltd from 2020 to 2024. This chart shows how M3 Mining Ltd's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2020 to 2024. As of December 2025, the ratio stands at 94.2%, reflecting working capital of AU$1.89 Million against net assets of AU$2.01 Million AUD. See M3M defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
M3 Mining Ltd Working Capital to Net Assets Ratio by Year (2020–2024)
M3 Mining Ltd working capital to net assets ratio by year from 2020 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for M3 Mining Ltd from 2020 to 2024, covering 5 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 M3 Mining Ltd balance sheet assets.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 86.0% | AU$729.89K | AU$849.08K | AU$901.66K | AU$171.77K | ▼ -8.9 pp |
| 2023 | 94.8% | AU$1.73 Million | AU$1.82 Million | AU$2.01 Million | AU$278.67K | ▼ -0.9 pp |
| 2022 | 95.7% | AU$2.64 Million | AU$2.75 Million | AU$2.90 Million | AU$267.26K | ▼ -2.5 pp |
| 2021 | 98.2% | AU$3.38 Million | AU$3.44 Million | AU$3.61 Million | AU$230.34K | ▲ +1.0 pp |
| 2020 | 97.2% | AU$528.99K | AU$543.99K | AU$1.96 Million | AU$1.43 Million | — |