Megado Minerals Ltd (MEG) — 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. See operational self-sufficiency of Megado Minerals Ltd to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Megado Minerals Ltd Working Capital to Net Assets (2019–2024)
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. For the complete balance sheet picture, see total assets of Megado Minerals Ltd.
Annual Working Capital to Net Assets for Megado Minerals Ltd (2019–2024)
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. Read MEG total debt and obligations for a breakdown of total debt and financial obligations.
| 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 | — |