Orexplore Technologies Ltd Working Capital to Net Assets Ratio
Orexplore Technologies Ltd working capital to net assets ratio. 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. Check OXT tangible net assets 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 Orexplore Technologies Ltd (2018–2023)
Working capital to net assets ratio of Orexplore Technologies Ltd from 2018 to 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. See OXT cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Orexplore Technologies Ltd Working Capital to Net Assets Ratio by Year (2018–2023)
Orexplore Technologies Ltd working capital to net assets ratio by year from 2018 to 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. For the complete balance sheet picture, see balance sheet size of Orexplore Technologies Ltd.
| 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 | — |