Megado Minerals Ltd Working Capital to Net Assets Ratio
Megado Minerals Ltd working capital to net assets ratio. Megado Minerals Ltd (MEG) has a Working Capital to Net Assets ratio of 33.5% as of June 2025. Working capital of AU$3.22 Million (current assets of AU$3.30 Million minus current liabilities of AU$89.41K) is measured against net assets of AU$9.60 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Megado Minerals Ltd tangible equity quality 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 Megado Minerals Ltd (2019–2024)
Working capital to net assets ratio of Megado Minerals Ltd from 2019 to 2024. This chart shows how Megado Minerals 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 33.5%, reflecting working capital of AU$3.22 Million against net assets of AU$9.60 Million AUD. See MEG cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Megado Minerals Ltd Working Capital to Net Assets Ratio by Year (2019–2024)
Megado Minerals 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 Megado Minerals 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 MEG total asset value.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 55.8% | AU$3.74 Million | AU$6.71 Million | AU$3.85 Million | AU$106.41K | ▲ +42.8 pp |
| 2023 | 13.0% | AU$1.17 Million | AU$8.95 Million | AU$1.21 Million | AU$47.37K | ▼ -1.5 pp |
| 2022 | 14.5% | AU$678.12K | AU$4.67 Million | AU$922.46K | AU$244.33K | ▼ -1.3 pp |
| 2021 | 15.8% | AU$1.13 Million | AU$7.17 Million | AU$1.30 Million | AU$164.62K | ▼ -39.5 pp |
| 2020 | 55.3% | AU$4.76 Million | AU$8.62 Million | AU$5.12 Million | AU$358.63K | ▲ +222.4 pp |
| 2019 | -167.1% | AU$-177.06K | AU$105.93K | AU$271.56K | AU$448.62K | — |