Michael Hill International Ltd (MHJ) — Working Capital to Net Assets Ratio
Michael Hill International Ltd (MHJ) has a Working Capital to Net Assets ratio of 60.1% as of June 2025. Working capital of AU$110.38 Million (current assets of AU$256.35 Million minus current liabilities of AU$145.97 Million) is measured against net assets of AU$183.72 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Michael Hill International Ltd balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Michael Hill International Ltd Working Capital to Net Assets (1995–2025)
This chart shows how Michael Hill International Ltd's Working Capital to Net Assets ratio has evolved across 31 annual periods from 1995 to 2025. As of June 2025, the ratio stands at 60.1%, reflecting working capital of AU$110.38 Million against net assets of AU$183.72 Million AUD. Check MHJ intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Michael Hill International Ltd (1995–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Michael Hill International Ltd from 1995 to 2025, covering 31 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 market value of Michael Hill International Ltd.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 60.1% | AU$110.38 Million | AU$183.72 Million | AU$256.35 Million | AU$145.97 Million | ▲ +3.4 pp |
| 2024 | 56.7% | AU$103.32 Million | AU$182.34 Million | AU$261.80 Million | AU$158.48 Million | ▲ +9.0 pp |
| 2023 | 47.6% | AU$97.79 Million | AU$205.26 Million | AU$266.47 Million | AU$168.68 Million | ▼ -20.8 pp |
| 2022 | 68.4% | AU$148.06 Million | AU$216.32 Million | AU$323.91 Million | AU$175.85 Million | ▲ +6.6 pp |
| 2021 | 61.8% | AU$128.45 Million | AU$207.80 Million | AU$291.25 Million | AU$162.80 Million | ▲ +21.8 pp |
| 2020 | 40.0% | AU$65.88 Million | AU$164.62 Million | AU$236.49 Million | AU$170.61 Million | ▼ -26.8 pp |
| 2019 | 66.9% | AU$123.64 Million | AU$184.93 Million | AU$233.63 Million | AU$109.99 Million | ▼ -7.3 pp |
| 2018 | 74.2% | AU$152.99 Million | AU$206.30 Million | AU$249.25 Million | AU$96.26 Million | ▼ -4.4 pp |
| 2017 | 78.6% | AU$166.87 Million | AU$212.29 Million | AU$250.51 Million | AU$83.63 Million | ▲ +4.0 pp |
| 2016 | 74.6% | AU$145.93 Million | AU$195.51 Million | AU$251.85 Million | AU$105.92 Million | ▼ -9.9 pp |
| 2015 | 84.5% | AU$158.53 Million | AU$187.62 Million | AU$228.41 Million | AU$69.88 Million | ▲ +6.4 pp |
| 2014 | 78.1% | AU$141.59 Million | AU$181.28 Million | AU$212.59 Million | AU$71.00 Million | ▲ +9.3 pp |
| 2013 | 68.8% | AU$142.27 Million | AU$206.87 Million | AU$214.90 Million | AU$72.63 Million | ▼ -4.4 pp |
| 2012 | 73.1% | AU$142.14 Million | AU$194.36 Million | AU$210.93 Million | AU$68.79 Million | ▼ -1.4 pp |
| 2011 | 74.5% | AU$132.95 Million | AU$178.38 Million | AU$190.15 Million | AU$57.19 Million | ▼ -0.5 pp |
| 2010 | 75.0% | AU$119.94 Million | AU$159.92 Million | AU$165.91 Million | AU$45.97 Million | ▼ -1.4 pp |
| 2009 | 76.4% | AU$114.16 Million | AU$149.48 Million | AU$151.46 Million | AU$37.30 Million | ▼ -32.2 pp |
| 2008 | 108.6% | AU$98.82 Million | AU$91.00 Million | AU$161.04 Million | AU$62.22 Million | ▼ -8.7 pp |
| 2007 | 117.3% | AU$85.08 Million | AU$72.50 Million | AU$116.45 Million | AU$31.37 Million | ▼ -18.1 pp |
| 2006 | 135.4% | AU$101.23 Million | AU$74.76 Million | AU$137.67 Million | AU$36.44 Million | ▲ +12.7 pp |
| 2005 | 122.7% | AU$80.25 Million | AU$65.39 Million | AU$103.45 Million | AU$23.19 Million | ▼ -8.9 pp |
| 2004 | 131.7% | AU$75.86 Million | AU$57.61 Million | AU$98.99 Million | AU$23.13 Million | ▼ -7.7 pp |
| 2003 | 139.4% | AU$69.75 Million | AU$50.05 Million | AU$85.45 Million | AU$15.70 Million | ▲ +18.6 pp |
| 2002 | 120.8% | AU$64.42 Million | AU$53.33 Million | AU$78.51 Million | AU$14.09 Million | ▲ +10.0 pp |
| 2001 | 110.8% | AU$54.91 Million | AU$49.57 Million | AU$68.17 Million | AU$13.26 Million | ▲ +7.0 pp |
| 2000 | 103.8% | AU$44.20 Million | AU$42.59 Million | AU$62.13 Million | AU$17.94 Million | ▼ -13.8 pp |
| 1999 | 117.6% | AU$43.56 Million | AU$37.05 Million | AU$59.08 Million | AU$15.52 Million | ▲ +4.4 pp |
| 1998 | 113.1% | AU$36.56 Million | AU$32.32 Million | AU$49.13 Million | AU$12.58 Million | ▼ -4.1 pp |
| 1997 | 117.2% | AU$32.85 Million | AU$28.02 Million | AU$42.94 Million | AU$10.09 Million | ▲ +4.8 pp |
| 1996 | 112.4% | AU$29.34 Million | AU$26.11 Million | AU$39.88 Million | AU$10.53 Million | ▼ -16.4 pp |
| 1995 | 128.8% | AU$28.73 Million | AU$22.30 Million | AU$35.58 Million | AU$6.85 Million | — |