Netwealth Group Ltd Working Capital to Net Assets Ratio
Netwealth Group Ltd working capital to net assets ratio. Netwealth Group Ltd (NWL) has a Working Capital to Net Assets ratio of 74.6% as of December 2025. Working capital of AU$111.54 Million (current assets of AU$256.33 Million minus current liabilities of AU$144.79 Million) is measured against net assets of AU$149.56 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Netwealth Group Ltd (NWL) tangible equity ratio 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 Netwealth Group Ltd (1999–2025)
Working capital to net assets ratio of Netwealth Group Ltd from 1999 to 2025. This chart shows how Netwealth Group Ltd's Working Capital to Net Assets ratio has evolved across 16 annual periods from 1999 to 2025. As of December 2025, the ratio stands at 74.6%, reflecting working capital of AU$111.54 Million against net assets of AU$149.56 Million AUD. See NWL cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Netwealth Group Ltd Working Capital to Net Assets Ratio by Year (1999–2025)
Netwealth Group Ltd working capital to net assets ratio by year from 1999 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Netwealth Group Ltd from 1999 to 2025, covering 16 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 NWL total assets.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 88.1% | AU$175.54 Million | AU$199.14 Million | AU$200.61 Million | AU$25.07 Million | ▲ +0.2 pp |
| 2024 | 88.0% | AU$127.15 Million | AU$144.52 Million | AU$157.98 Million | AU$30.83 Million | ▼ -1.9 pp |
| 2023 | 89.9% | AU$110.64 Million | AU$123.05 Million | AU$136.38 Million | AU$25.74 Million | ▼ -2.7 pp |
| 2022 | 92.6% | AU$96.57 Million | AU$104.24 Million | AU$114.21 Million | AU$17.64 Million | ▲ +0.7 pp |
| 2021 | 92.0% | AU$85.69 Million | AU$93.18 Million | AU$107.46 Million | AU$21.77 Million | ▼ -0.5 pp |
| 2020 | 92.5% | AU$70.30 Million | AU$76.03 Million | AU$101.44 Million | AU$31.14 Million | ▲ +3.3 pp |
| 2019 | 89.1% | AU$56.90 Million | AU$63.85 Million | AU$73.81 Million | AU$16.91 Million | ▲ +6.0 pp |
| 2018 | 83.1% | AU$56.04 Million | AU$67.41 Million | AU$66.80 Million | AU$10.76 Million | ▲ +27.9 pp |
| 2017 | 55.2% | AU$21.17 Million | AU$38.32 Million | AU$29.63 Million | AU$8.46 Million | ▲ +2.0 pp |
| 2016 | 53.3% | AU$22.98 Million | AU$43.14 Million | AU$37.91 Million | AU$14.92 Million | ▲ +4.6 pp |
| 2015 | 48.6% | AU$19.25 Million | AU$39.59 Million | AU$31.43 Million | AU$12.17 Million | ▼ -0.5 pp |
| 2014 | 49.1% | AU$19.44 Million | AU$39.58 Million | AU$26.41 Million | AU$6.96 Million | ▲ +112.1 pp |
| 2002 | -63.0% | AU$-22.20 Million | AU$35.26 Million | AU$22.56 Million | AU$44.76 Million | ▼ -87.1 pp |
| 2001 | 24.1% | AU$12.40 Million | AU$51.47 Million | AU$50.81 Million | AU$38.40 Million | ▼ -50.4 pp |
| 2000 | 74.5% | AU$70.30 Million | AU$94.39 Million | AU$77.15 Million | AU$6.84 Million | ▲ +36.1 pp |
| 1999 | 38.4% | AU$6.55 Million | AU$17.06 Million | AU$10.68 Million | AU$4.13 Million | — |