Orexplore Technologies Ltd (OXT) — Working Capital to Net Assets Ratio

Latest as of December 2023: 41.2%

Orexplore Technologies Ltd (OXT) has a Working Capital to Net Assets ratio of 41.2% as of December 2023. Working capital of AU$3.31 Million (current assets of AU$4.95 Million minus current liabilities of AU$1.64 Million) is measured against net assets of AU$8.03 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Orexplore Technologies Ltd (OXT) liquidity interval to measure how many days the company can operate on defensive assets alone.

WC/NA Ratio

41.2%
Working Capital / Net Assets

Working Capital

AU$3.31 Million
AUD

Current Assets

AU$4.95 Million
AUD

Current Liabilities

AU$1.64 Million
AUD

Orexplore Technologies Ltd Working Capital to Net Assets (2018–2023)

This chart shows how Orexplore Technologies Ltd's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2018 to 2023. As of December 2023, the ratio stands at 41.2%, reflecting working capital of AU$3.31 Million against net assets of AU$8.03 Million AUD. For the complete balance sheet picture, see Orexplore Technologies Ltd balance sheet assets.

Annual Working Capital to Net Assets for Orexplore Technologies Ltd (2018–2023)

The table below presents the year-by-year Working Capital to Net Assets ratio for Orexplore Technologies Ltd from 2018 to 2023, covering 6 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. Read Orexplore Technologies Ltd total liabilities for a breakdown of total debt and financial obligations.

Year WC/NA Ratio Working Capital (AUD) Net Assets Current Assets Current Liabilities Change (pp)
2023 41.2% AU$3.31 Million AU$8.03 Million AU$4.95 Million AU$1.64 Million ▼ -18.4 pp
2022 59.5% AU$7.27 Million AU$12.21 Million AU$9.05 Million AU$1.79 Million ▼ -1.1 pp
2021 60.7% AU$12.69 Million AU$20.92 Million AU$14.77 Million AU$2.08 Million ▲ +45.3 pp
2020 15.3% AU$1.29 Million AU$8.43 Million AU$2.42 Million AU$1.12 Million ▲ +98.7 pp
2019 -83.4% AU$-3.55 Million AU$4.26 Million AU$1.55 Million AU$5.10 Million ▼ -50.7 pp
2018 -32.7% AU$-1.65 Million AU$5.04 Million AU$2.14 Million AU$3.79 Million
pp = percentage points