Newfield Resources Ltd (NWF) — Working Capital to Net Assets Ratio
Newfield Resources Ltd (NWF) has a Working Capital to Net Assets ratio of 84.5% as of June 2024. Working capital of AU$-10.22 Million (current assets of AU$2.98 Million minus current liabilities of AU$13.20 Million) is measured against net assets of AU$-12.09 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is Newfield Resources Ltd's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Newfield Resources Ltd Working Capital to Net Assets (2012–2024)
This chart shows how Newfield Resources Ltd's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2012 to 2024. As of June 2024, the ratio stands at 84.5%, reflecting working capital of AU$-10.22 Million against net assets of AU$-12.09 Million AUD. Check Newfield Resources Ltd (NWF) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Newfield Resources Ltd (2012–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Newfield Resources Ltd from 2012 to 2024, covering 13 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 Newfield Resources Ltd (NWF) market capitalisation.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 84.5% | AU$-10.22 Million | AU$-12.09 Million | AU$2.98 Million | AU$13.20 Million | ▲ +91.4 pp |
| 2023 | -6.9% | AU$-6.89 Million | AU$99.44 Million | AU$4.78 Million | AU$11.67 Million | ▲ +1.1 pp |
| 2022 | -8.1% | AU$-8.13 Million | AU$100.79 Million | AU$4.03 Million | AU$12.16 Million | ▲ +10.8 pp |
| 2021 | -18.8% | AU$-6.62 Million | AU$35.14 Million | AU$3.03 Million | AU$9.65 Million | ▼ -8.3 pp |
| 2020 | -10.5% | AU$-5.48 Million | AU$52.01 Million | AU$1.89 Million | AU$7.38 Million | ▼ -18.2 pp |
| 2019 | 7.7% | AU$4.69 Million | AU$61.27 Million | AU$8.24 Million | AU$3.54 Million | ▼ -22.1 pp |
| 2018 | 29.7% | AU$18.95 Million | AU$63.72 Million | AU$22.60 Million | AU$3.64 Million | ▲ +18.7 pp |
| 2017 | 11.1% | AU$2.92 Million | AU$26.43 Million | AU$3.29 Million | AU$372.11K | ▼ -20.8 pp |
| 2016 | 31.8% | AU$8.13 Million | AU$25.54 Million | AU$9.11 Million | AU$972.09K | ▲ +18.6 pp |
| 2015 | 13.3% | AU$2.30 Million | AU$17.32 Million | AU$3.03 Million | AU$734.74K | ▼ -28.4 pp |
| 2014 | 41.6% | AU$2.84 Million | AU$6.82 Million | AU$3.09 Million | AU$254.24K | ▼ -14.5 pp |
| 2013 | 56.2% | AU$2.15 Million | AU$3.83 Million | AU$2.26 Million | AU$107.70K | ▼ -19.8 pp |
| 2012 | 76.0% | AU$3.08 Million | AU$4.05 Million | AU$3.13 Million | AU$56.81K | — |