Ophir High Conviction Fund (OPH) — Working Capital to Net Assets Ratio
Ophir High Conviction Fund (OPH) has a Working Capital to Net Assets ratio of 100.1% as of June 2023. Working capital of AU$587.22 Million (current assets of AU$617.43 Million minus current liabilities of AU$30.21 Million) is measured against net assets of AU$586.61 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of Ophir High Conviction Fund to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ophir High Conviction Fund Working Capital to Net Assets (2017–2023)
This chart shows how Ophir High Conviction Fund's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2017 to 2023. As of June 2023, the ratio stands at 100.1%, reflecting working capital of AU$587.22 Million against net assets of AU$586.61 Million AUD. See Ophir High Conviction Fund defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Ophir High Conviction Fund (2017–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ophir High Conviction Fund from 2017 to 2023, covering 7 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 Ophir High Conviction Fund (OPH) total market value.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 100.1% | AU$587.22 Million | AU$586.61 Million | AU$617.43 Million | AU$30.21 Million | ▲ +0.0 pp |
| 2022 | 100.1% | AU$498.46 Million | AU$498.14 Million | AU$532.59 Million | AU$34.13 Million | ▲ +0.0 pp |
| 2021 | 100.0% | AU$658.90 Million | AU$658.66 Million | AU$736.81 Million | AU$77.92 Million | ▲ +0.0 pp |
| 2020 | 100.0% | AU$574.94 Million | AU$574.84 Million | AU$595.88 Million | AU$20.95 Million | ▲ +0.0 pp |
| 2019 | 100.0% | AU$521.19 Million | AU$521.13 Million | AU$527.07 Million | AU$5.87 Million | ▼ -0.1 pp |
| 2018 | 100.1% | AU$634.73 Million | AU$633.96 Million | AU$663.67 Million | AU$28.94 Million | ▼ -0.8 pp |
| 2017 | 100.9% | AU$248.23 Million | AU$246.00 Million | AU$254.28 Million | AU$6.04 Million | — |