Mineral Commodities Ltd (MRC) — Working Capital to Net Assets Ratio
Mineral Commodities Ltd (MRC) has a Working Capital to Net Assets ratio of 549.7% as of December 2024. Working capital of AU$-18.82 Million (current assets of AU$9.41 Million minus current liabilities of AU$28.23 Million) is measured against net assets of AU$-3.42 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is Mineral Commodities Ltd's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Mineral Commodities Ltd Working Capital to Net Assets (1989–2024)
This chart shows how Mineral Commodities Ltd's Working Capital to Net Assets ratio has evolved across 36 annual periods from 1989 to 2024. As of December 2024, the ratio stands at 549.7%, reflecting working capital of AU$-18.82 Million against net assets of AU$-3.42 Million AUD. Check Mineral Commodities Ltd (MRC) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Mineral Commodities Ltd (1989–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Mineral Commodities Ltd from 1989 to 2024, covering 36 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 Mineral Commodities Ltd market capitalisation.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 549.7% | AU$-18.82 Million | AU$-3.42 Million | AU$9.41 Million | AU$28.23 Million | ▲ +520.0 pp |
| 2023 | 29.7% | AU$25.91 Million | AU$87.26 Million | AU$49.21 Million | AU$23.30 Million | ▲ +27.2 pp |
| 2022 | 2.5% | AU$1.76 Million | AU$69.65 Million | AU$36.28 Million | AU$34.51 Million | ▼ -9.7 pp |
| 2021 | 12.2% | AU$10.17 Million | AU$83.45 Million | AU$32.54 Million | AU$22.37 Million | ▼ -12.3 pp |
| 2020 | 24.5% | AU$19.43 Million | AU$79.32 Million | AU$37.60 Million | AU$18.16 Million | ▲ +6.9 pp |
| 2019 | 17.6% | AU$11.54 Million | AU$65.42 Million | AU$55.25 Million | AU$43.72 Million | ▼ -14.1 pp |
| 2018 | 31.8% | AU$18.97 Million | AU$59.73 Million | AU$62.62 Million | AU$43.65 Million | ▼ -2.7 pp |
| 2017 | 34.4% | AU$20.22 Million | AU$58.72 Million | AU$32.80 Million | AU$12.58 Million | ▲ +15.7 pp |
| 2016 | 18.7% | AU$9.35 Million | AU$49.88 Million | AU$18.04 Million | AU$8.69 Million | ▲ +10.6 pp |
| 2015 | 8.1% | AU$3.53 Million | AU$43.54 Million | AU$12.29 Million | AU$8.76 Million | ▲ +20.0 pp |
| 2014 | -11.9% | AU$-3.03 Million | AU$25.53 Million | AU$11.04 Million | AU$14.06 Million | ▲ +7.8 pp |
| 2013 | -19.7% | AU$-5.02 Million | AU$25.49 Million | AU$3.56 Million | AU$8.59 Million | ▼ -55.3 pp |
| 2012 | 35.6% | AU$7.76 Million | AU$21.78 Million | AU$8.79 Million | AU$1.03 Million | ▲ +24.9 pp |
| 2011 | 10.8% | AU$1.59 Million | AU$14.73 Million | AU$3.46 Million | AU$1.88 Million | ▼ -20.8 pp |
| 2010 | 31.6% | AU$6.54 Million | AU$20.69 Million | AU$7.12 Million | AU$580.12K | ▼ -2.0 pp |
| 2009 | 33.6% | AU$5.98 Million | AU$17.83 Million | AU$6.24 Million | AU$255.30K | ▼ -8.3 pp |
| 2008 | 41.9% | AU$6.25 Million | AU$14.92 Million | AU$7.00 Million | AU$747.64K | ▲ +27.3 pp |
| 2007 | 14.6% | AU$2.44 Million | AU$16.70 Million | AU$2.75 Million | AU$306.13K | ▲ +0.9 pp |
| 2006 | 13.7% | AU$2.46 Million | AU$17.91 Million | AU$2.75 Million | AU$294.25K | ▲ +1.8 pp |
| 2005 | 11.9% | AU$1.09 Million | AU$9.09 Million | AU$1.24 Million | AU$158.85K | ▼ -13.6 pp |
| 2004 | 25.5% | AU$2.43 Million | AU$9.50 Million | AU$2.61 Million | AU$182.81K | ▼ -16.6 pp |
| 2003 | 42.2% | AU$3.44 Million | AU$8.16 Million | AU$3.61 Million | AU$172.18K | ▲ +1.7 pp |
| 2002 | 40.5% | AU$2.29 Million | AU$5.67 Million | AU$2.49 Million | AU$199.81K | ▼ -53.2 pp |
| 2001 | 93.7% | AU$2.96 Million | AU$3.16 Million | AU$3.05 Million | AU$88.91K | ▼ -2.4 pp |
| 2000 | 96.1% | AU$3.54 Million | AU$3.68 Million | AU$3.63 Million | AU$95.31K | ▲ +121.0 pp |
| 1999 | -24.8% | AU$-1.01 Million | AU$4.05 Million | AU$114.93K | AU$1.12 Million | ▼ -34.4 pp |
| 1998 | 9.6% | AU$459.97K | AU$4.80 Million | AU$783.57K | AU$323.60K | ▲ +0.7 pp |
| 1997 | 8.8% | AU$436.17K | AU$4.94 Million | AU$612.69K | AU$176.52K | ▼ -11.2 pp |
| 1996 | 20.1% | AU$869.30K | AU$4.33 Million | AU$975.02K | AU$105.72K | ▼ -39.6 pp |
| 1995 | 59.6% | AU$2.91 Million | AU$4.88 Million | AU$3.14 Million | AU$231.50K | ▲ +68.6 pp |
| 1994 | -9.0% | AU$-100.84K | AU$1.12 Million | AU$79.12K | AU$179.96K | ▼ -33.6 pp |
| 1993 | 24.6% | AU$317.65K | AU$1.29 Million | AU$397.57K | AU$79.92K | ▲ +27.1 pp |
| 1992 | -2.5% | AU$-24.09K | AU$966.22K | AU$83.27K | AU$107.36K | ▲ +27.5 pp |
| 1991 | -30.0% | AU$-247.09K | AU$823.40K | AU$199.20K | AU$446.29K | ▲ +3.8 pp |
| 1990 | -33.8% | AU$-392.85K | AU$1.16 Million | AU$480.06K | AU$872.91K | ▲ +148.1 pp |
| 1989 | -182.0% | AU$-2.68 Million | AU$1.47 Million | AU$1.13 Million | AU$3.81 Million | — |