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 Megado Minerals Ltd balance sheet quality to measure how much of total assets are equity-financed.
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. Check tangible net worth ratio of Megado Minerals Ltd to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company profile, see how much is Megado Minerals Ltd worth.
| 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 | — |