Merino & Co. Ltd (MNC) — 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. See operational self-sufficiency of Merino & Co. Ltd to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Merino & Co. Ltd Working Capital to Net Assets (2022–2025)
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. For the complete balance sheet picture, see Merino & Co. Ltd assets under control.
Annual Working Capital to Net Assets for Merino & Co. Ltd (2022–2025)
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. Check Merino & Co. Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| 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 | — |