Norwood Systems Ltd (NOR) — Working Capital to Net Assets Ratio
Norwood Systems Ltd (NOR) has a Working Capital to Net Assets ratio of 114.9% as of December 2025. Working capital of AU$-987.14K (current assets of AU$583.78K minus current liabilities of AU$1.57 Million) is measured against net assets of AU$-859.32K. A higher ratio indicates strong short-term liquidity financed by the equity base. See Norwood Systems Ltd (NOR) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Norwood Systems Ltd Working Capital to Net Assets (1994–2025)
This chart shows how Norwood Systems Ltd's Working Capital to Net Assets ratio has evolved across 30 annual periods from 1994 to 2025. As of December 2025, the ratio stands at 114.9%, reflecting working capital of AU$-987.14K against net assets of AU$-859.32K AUD. Check Norwood Systems Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Norwood Systems Ltd (1994–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Norwood Systems Ltd from 1994 to 2025, 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 Norwood Systems Ltd (NOR) market capitalisation.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 122.0% | AU$-911.49K | AU$-746.91K | AU$1.21 Million | AU$2.12 Million | ▲ +12.4 pp |
| 2024 | 109.6% | AU$-1.35 Million | AU$-1.23 Million | AU$363.74K | AU$1.71 Million | ▲ +4.5 pp |
| 2023 | 105.1% | AU$-1.15 Million | AU$-1.10 Million | AU$650.84K | AU$1.80 Million | ▼ -9.4 pp |
| 2022 | 114.6% | AU$-956.69K | AU$-835.13K | AU$769.96K | AU$1.73 Million | ▲ +6.3 pp |
| 2021 | 108.3% | AU$-1.24 Million | AU$-1.15 Million | AU$180.95K | AU$1.42 Million | ▼ -10.1 pp |
| 2020 | 118.4% | AU$-868.13K | AU$-733.18K | AU$324.31K | AU$1.19 Million | ▼ -191.8 pp |
| 2019 | 310.2% | AU$-125.39K | AU$-40.42K | AU$881.57K | AU$1.01 Million | ▲ +236.1 pp |
| 2018 | 74.1% | AU$303.74K | AU$410.07K | AU$1.40 Million | AU$1.09 Million | ▼ -18.7 pp |
| 2017 | 92.7% | AU$854.35K | AU$921.27K | AU$1.70 Million | AU$848.58K | ▼ -7.0 pp |
| 2016 | 99.8% | AU$3.29 Million | AU$3.30 Million | AU$4.15 Million | AU$857.44K | ▼ -1.4 pp |
| 2015 | 101.2% | AU$4.44 Million | AU$4.39 Million | AU$4.72 Million | AU$274.31K | ▲ +1.2 pp |
| 2014 | 100.0% | AU$252.35K | AU$252.35K | AU$359.44K | AU$107.08K | ▲ +76.4 pp |
| 2013 | 23.6% | AU$726.79K | AU$3.08 Million | AU$805.04K | AU$78.24K | ▼ -43.7 pp |
| 2012 | 67.3% | AU$1.84 Million | AU$2.73 Million | AU$1.91 Million | AU$66.73K | ▼ -4.8 pp |
| 2011 | 72.1% | AU$2.31 Million | AU$3.20 Million | AU$2.37 Million | AU$64.62K | ▼ -29.9 pp |
| 2010 | 102.0% | AU$-2.61 Million | AU$-2.56 Million | AU$863.00 | AU$2.61 Million | ▲ +1.0 pp |
| 2009 | 100.9% | AU$-2.85 Million | AU$-2.83 Million | AU$77.85K | AU$2.93 Million | ▼ -201.6 pp |
| 2008 | 302.5% | AU$-2.37 Million | AU$-783.74K | AU$143.52K | AU$2.51 Million | ▲ +388.9 pp |
| 2007 | -86.4% | AU$-836.66K | AU$968.36K | AU$274.45K | AU$1.11 Million | ▼ -253.3 pp |
| 2006 | 166.9% | AU$-654.42K | AU$-392.14K | AU$577.44K | AU$1.23 Million | ▲ +235.6 pp |
| 2005 | -68.7% | AU$-202.19K | AU$294.11K | AU$62.81K | AU$265.01K | ▼ -7.6 pp |
| 2004 | -61.2% | AU$-75.91K | AU$124.12K | AU$99.75K | AU$175.66K | ▼ -161.2 pp |
| 2003 | 100.0% | AU$-60.78K | AU$-60.78K | AU$79.33K | AU$140.11K | ▲ +0.0 pp |
| 2002 | 100.0% | AU$14.41K | AU$14.41K | AU$48.27K | AU$33.85K | ▼ -512.0 pp |
| 2001 | 612.0% | AU$-2.00 Million | AU$-326.45K | AU$52.29K | AU$2.05 Million | ▲ +436.2 pp |
| 2000 | 175.9% | AU$-15.20 Million | AU$-8.64 Million | AU$90.99K | AU$15.29 Million | ▲ +121.9 pp |
| 1999 | 53.9% | AU$-2.70 Million | AU$-5.01 Million | AU$299.78K | AU$3.00 Million | ▲ +183.4 pp |
| 1998 | -129.4% | AU$-7.64 Million | AU$5.90 Million | AU$1.91 Million | AU$9.55 Million | ▼ -125.8 pp |
| 1997 | -3.6% | AU$-1.06 Million | AU$29.27 Million | AU$6.96 Million | AU$8.02 Million | ▲ +10.2 pp |
| 1994 | -13.9% | AU$-209.00K | AU$1.51 Million | AU$135.00K | AU$344.00K | — |