Newfield Resources Ltd Working Capital to Net Assets Ratio
Newfield Resources Ltd 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. Check tangible equity quality of Newfield Resources Ltd to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Newfield Resources Ltd (2012–2024)
Working capital to net assets ratio of Newfield Resources Ltd from 2012 to 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. See NWF defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Newfield Resources Ltd Working Capital to Net Assets Ratio by Year (2012–2024)
Newfield Resources Ltd working capital to net assets ratio by year from 2012 to 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 the complete balance sheet picture, see NWF total asset value.
| 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 | — |