Merino & Co. Ltd Working Capital to Net Assets Ratio
Merino & Co. Ltd working capital to net assets ratio. Merino & Co. Ltd (MNC) has a Working Capital to Net Assets ratio of 110.0% as of December 2025. Working capital of AU$4.61 Million (current assets of AU$6.19 Million minus current liabilities of AU$1.57 Million) is measured against net assets of AU$4.20 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible equity quality of Merino & Co. Ltd 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 Merino & Co. Ltd (2022–2025)
Working capital to net assets ratio of Merino & Co. Ltd from 2022 to 2025. This chart shows how Merino & Co. Ltd's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2022 to 2025. As of December 2025, the ratio stands at 110.0%, reflecting working capital of AU$4.61 Million against net assets of AU$4.20 Million AUD. See Merino & Co. Ltd (MNC) liquidity interval to measure how many days the company can operate on defensive assets alone.
Merino & Co. Ltd Working Capital to Net Assets Ratio by Year (2022–2025)
Merino & Co. Ltd working capital to net assets ratio by year from 2022 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Merino & Co. Ltd from 2022 to 2025, covering 4 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 MNC total assets.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 113.0% | AU$6.28 Million | AU$5.56 Million | AU$7.64 Million | AU$1.36 Million | ▼ -35.1 pp |
| 2024 | 148.1% | AU$2.73 Million | AU$1.84 Million | AU$6.21 Million | AU$3.48 Million | ▼ -7.9 pp |
| 2023 | 156.0% | AU$2.66 Million | AU$1.70 Million | AU$5.20 Million | AU$2.54 Million | ▲ +1228.6 pp |
| 2022 | -1072.6% | AU$-946.34K | AU$88.23K | AU$3.31 Million | AU$4.25 Million | — |