Pepper Money Ltd (PPM) — Working Capital to Net Assets Ratio
Pepper Money Ltd (PPM) has a Working Capital to Net Assets ratio of -1781.4% as of December 2024. Working capital of AU$-15.24 Billion (current assets of AU$1.24 Billion minus current liabilities of AU$16.48 Billion) is measured against net assets of AU$855.60 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See PPM financial flexibility score to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Pepper Money Ltd Working Capital to Net Assets (2014–2025)
This chart shows how Pepper Money Ltd's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2014 to 2025. As of December 2024, the ratio stands at -1781.4%, reflecting working capital of AU$-15.24 Billion against net assets of AU$855.60 Million AUD. See PPM defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Pepper Money Ltd (2014–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Pepper Money Ltd from 2014 to 2025, covering 12 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Pepper Money Ltd market capitalisation.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -1850.5% | AU$-16.10 Billion | AU$869.90 Million | AU$1.29 Billion | AU$17.39 Billion | ▼ -69.1 pp |
| 2024 | -1781.4% | AU$-15.24 Billion | AU$855.60 Million | AU$1.24 Billion | AU$16.48 Billion | ▼ -1959.1 pp |
| 2023 | 177.7% | AU$1.53 Billion | AU$862.80 Million | AU$1.55 Billion | AU$17.10 Million | ▲ +2091.6 pp |
| 2022 | -1914.0% | AU$-17.74 Billion | AU$926.80 Million | AU$1.25 Billion | AU$18.99 Billion | ▲ +141.7 pp |
| 2021 | -2055.6% | AU$-15.21 Billion | AU$739.80 Million | AU$1.32 Billion | AU$16.53 Billion | ▼ -4868.7 pp |
| 2020 | 2813.0% | AU$14.06 Billion | AU$499.90 Million | AU$14.20 Billion | AU$138.70 Million | ▼ -3438.9 pp |
| 2019 | 6251.9% | AU$1.75 Billion | AU$28.01 Million | AU$1.81 Billion | AU$56.80 Million | ▲ +3702.4 pp |
| 2018 | 2549.5% | AU$13.86 Billion | AU$543.46 Million | AU$16.81 Billion | AU$2.96 Billion | ▲ +839.4 pp |
| 2017 | 1710.1% | AU$8.58 Billion | AU$501.91 Million | AU$10.60 Billion | AU$2.02 Billion | ▲ +1551.5 pp |
| 2016 | 158.6% | AU$720.36 Million | AU$454.21 Million | AU$782.08 Million | AU$61.72 Million | ▲ +33.9 pp |
| 2015 | 124.7% | AU$509.45 Million | AU$408.62 Million | AU$555.74 Million | AU$46.29 Million | ▼ -43.6 pp |
| 2014 | 168.2% | AU$416.38 Million | AU$247.51 Million | AU$462.44 Million | AU$46.06 Million | — |