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 OPH days of operational coverage to measure how many days the company can operate on defensive assets alone.
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. For the complete balance sheet picture, see OPH current and non-current assets.
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. Explore OPH strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
| 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 | — |