Macquarie Group Ltd (MQG) — Working Capital to Net Assets Ratio
Macquarie Group Ltd (MQG) has a Working Capital to Net Assets ratio of 384.3% as of March 2026. Working capital of AU$141.80 Billion (current assets of AU$149.20 Billion minus current liabilities of AU$7.40 Billion) is measured against net assets of AU$36.90 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See MQG net asset quality score to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Macquarie Group Ltd Working Capital to Net Assets (1997–2026)
This chart shows how Macquarie Group Ltd's Working Capital to Net Assets ratio has evolved across 30 annual periods from 1997 to 2026. As of March 2026, the ratio stands at 384.3%, reflecting working capital of AU$141.80 Billion against net assets of AU$36.90 Billion AUD. Check MQG tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Macquarie Group Ltd (1997–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Macquarie Group Ltd from 1997 to 2026, covering 30 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 Macquarie Group Ltd market cap and net worth.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 384.3% | AU$141.80 Billion | AU$36.90 Billion | AU$149.20 Billion | AU$7.40 Billion | ▲ +36.0 pp |
| 2025 | 348.2% | AU$124.63 Billion | AU$35.79 Billion | AU$199.71 Billion | AU$75.08 Billion | ▲ +69.7 pp |
| 2024 | 278.5% | AU$94.69 Billion | AU$34.00 Billion | AU$181.22 Billion | AU$86.53 Billion | ▲ +428.4 pp |
| 2023 | -149.8% | AU$-51.10 Billion | AU$34.11 Billion | AU$160.82 Billion | AU$211.92 Billion | ▲ +22.5 pp |
| 2022 | -172.3% | AU$-49.65 Billion | AU$28.81 Billion | AU$151.59 Billion | AU$201.24 Billion | ▲ +14.2 pp |
| 2021 | -186.6% | AU$-41.70 Billion | AU$22.35 Billion | AU$96.81 Billion | AU$138.51 Billion | ▼ -67.8 pp |
| 2020 | -118.7% | AU$-25.86 Billion | AU$21.78 Billion | AU$88.05 Billion | AU$113.91 Billion | ▼ -135.5 pp |
| 2019 | 16.7% | AU$3.08 Billion | AU$18.36 Billion | AU$6.89 Billion | AU$3.81 Billion | ▼ -30.9 pp |
| 2018 | 47.7% | AU$8.67 Billion | AU$18.18 Billion | AU$13.01 Billion | AU$4.34 Billion | ▲ +2.2 pp |
| 2017 | 45.5% | AU$7.86 Billion | AU$17.27 Billion | AU$11.75 Billion | AU$3.89 Billion | ▲ +15.8 pp |
| 2016 | 29.7% | AU$4.66 Billion | AU$15.66 Billion | AU$14.32 Billion | AU$9.66 Billion | ▼ -16.6 pp |
| 2015 | 46.4% | AU$6.67 Billion | AU$14.40 Billion | AU$16.97 Billion | AU$10.30 Billion | ▲ +113.7 pp |
| 2014 | -67.3% | AU$-8.02 Billion | AU$11.91 Billion | AU$81.59 Billion | AU$89.61 Billion | ▼ -99.1 pp |
| 2013 | 31.8% | AU$3.80 Billion | AU$11.95 Billion | AU$91.72 Billion | AU$87.92 Billion | ▲ +68.2 pp |
| 2012 | -36.4% | AU$-4.27 Billion | AU$11.73 Billion | AU$85.26 Billion | AU$89.53 Billion | ▼ -314.8 pp |
| 2011 | 278.4% | AU$33.22 Billion | AU$11.93 Billion | AU$125.10 Billion | AU$91.88 Billion | ▲ +415.7 pp |
| 2010 | -137.4% | AU$-16.17 Billion | AU$11.77 Billion | AU$115.76 Billion | AU$131.93 Billion | ▼ -553.4 pp |
| 2009 | 416.1% | AU$39.78 Billion | AU$9.56 Billion | AU$118.03 Billion | AU$78.26 Billion | ▲ +548.6 pp |
| 2008 | -132.6% | AU$-13.34 Billion | AU$10.06 Billion | AU$123.99 Billion | AU$137.32 Billion | ▲ +181.1 pp |
| 2007 | -313.7% | AU$-23.59 Billion | AU$7.52 Billion | AU$89.49 Billion | AU$113.08 Billion | ▲ +97.1 pp |
| 2006 | -410.8% | AU$-21.93 Billion | AU$5.34 Billion | AU$64.94 Billion | AU$86.86 Billion | ▼ -615.2 pp |
| 2005 | 204.4% | AU$9.06 Billion | AU$4.43 Billion | AU$43.29 Billion | AU$34.23 Billion | ▼ -8.7 pp |
| 2004 | 213.1% | AU$6.04 Billion | AU$2.83 Billion | AU$36.75 Billion | AU$30.72 Billion | ▼ -71.9 pp |
| 2003 | 285.0% | AU$7.37 Billion | AU$2.58 Billion | AU$27.05 Billion | AU$19.69 Billion | ▲ +109.9 pp |
| 2002 | 175.1% | AU$4.23 Billion | AU$2.42 Billion | AU$22.53 Billion | AU$18.30 Billion | ▲ +166.4 pp |
| 2001 | 8.6% | AU$115.53 Million | AU$1.34 Billion | AU$15.74 Billion | AU$15.62 Billion | ▼ -66.3 pp |
| 2000 | 74.9% | AU$921.65 Million | AU$1.23 Billion | AU$15.98 Billion | AU$15.06 Billion | ▲ +521.9 pp |
| 1999 | -447.0% | AU$-2.91 Billion | AU$651.26 Million | AU$5.26 Billion | AU$8.17 Billion | ▼ -346.4 pp |
| 1998 | -100.6% | AU$-584.27 Million | AU$580.90 Million | AU$6.35 Billion | AU$6.93 Billion | ▼ -152.2 pp |
| 1997 | 51.7% | AU$358.54 Million | AU$693.90 Million | AU$5.50 Billion | AU$5.14 Billion | — |