Mighty Kingdom Ltd (MKL) — Working Capital to Net Assets Ratio
Mighty Kingdom Ltd (MKL) has a Working Capital to Net Assets ratio of 100.1% as of June 2025. Working capital of AU$4.50 Million (current assets of AU$5.77 Million minus current liabilities of AU$1.27 Million) is measured against net assets of AU$4.50 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See MKL defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Mighty Kingdom Ltd Working Capital to Net Assets (2017–2024)
This chart shows how Mighty Kingdom Ltd's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of June 2025, the ratio stands at 100.1%, reflecting working capital of AU$4.50 Million against net assets of AU$4.50 Million AUD. For the complete balance sheet picture, see Mighty Kingdom Ltd asset portfolio.
Annual Working Capital to Net Assets for Mighty Kingdom Ltd (2017–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Mighty Kingdom Ltd from 2017 to 2024, covering 8 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 how much debt does Mighty Kingdom Ltd carry 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 | 100.1% | AU$4.50 Million | AU$4.50 Million | AU$5.77 Million | AU$1.27 Million | ▼ -1.9 pp |
| 2023 | 102.0% | AU$2.99 Million | AU$2.93 Million | AU$6.42 Million | AU$3.43 Million | ▲ +0.5 pp |
| 2022 | 101.5% | AU$3.30 Million | AU$3.25 Million | AU$7.71 Million | AU$4.41 Million | ▲ +12.8 pp |
| 2021 | 88.7% | AU$4.69 Million | AU$5.29 Million | AU$8.96 Million | AU$4.27 Million | ▼ -13.1 pp |
| 2020 | 101.8% | AU$12.12 Million | AU$11.90 Million | AU$16.24 Million | AU$4.12 Million | ▼ -1.2 pp |
| 2019 | 103.0% | AU$-3.29 Million | AU$-3.19 Million | AU$1.66 Million | AU$4.95 Million | ▲ +12.5 pp |
| 2018 | 90.6% | AU$-546.25K | AU$-603.11K | AU$1.62 Million | AU$2.17 Million | ▲ +22.8 pp |
| 2017 | 67.7% | AU$-673.82K | AU$-994.79K | AU$1.16 Million | AU$1.83 Million | — |