Ophir High Conviction Fund Working Capital to Net Assets Ratio
Ophir High Conviction Fund 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. Check tangible equity quality of Ophir High Conviction Fund 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 Ophir High Conviction Fund (2017–2023)
Working capital to net assets ratio of Ophir High Conviction Fund from 2017 to 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 OPH days of operational coverage to measure how many days the company can operate on defensive assets alone.
Ophir High Conviction Fund Working Capital to Net Assets Ratio by Year (2017–2023)
Ophir High Conviction Fund working capital to net assets ratio by year from 2017 to 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 the complete balance sheet picture, see OPH total assets.
| 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 | — |