Resource Development Group Ltd Working Capital to Net Assets Ratio
Resource Development Group Ltd working capital to net assets ratio. Resource Development Group Ltd (RDG) has a Working Capital to Net Assets ratio of -38.4% as of December 2024. Working capital of AU$-55.37 Million (current assets of AU$26.05 Million minus current liabilities of AU$81.42 Million) is measured against net assets of AU$144.10 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check RDG goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Resource Development Group Ltd (2010–2024)
Working capital to net assets ratio of Resource Development Group Ltd from 2010 to 2024. This chart shows how Resource Development Group Ltd's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2010 to 2024. As of December 2024, the ratio stands at -38.4%, reflecting working capital of AU$-55.37 Million against net assets of AU$144.10 Million AUD. See how many days can Resource Development Group Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Resource Development Group Ltd Working Capital to Net Assets Ratio by Year (2010–2024)
Resource Development Group Ltd working capital to net assets ratio by year from 2010 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Resource Development Group Ltd from 2010 to 2024, covering 15 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 Resource Development Group Ltd assets under control.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 0.1% | AU$167.02K | AU$132.86 Million | AU$41.58 Million | AU$41.41 Million | ▲ +2.5 pp |
| 2023 | -2.4% | AU$-2.57 Million | AU$107.22 Million | AU$17.94 Million | AU$20.51 Million | ▲ +11.2 pp |
| 2022 | -13.6% | AU$-12.25 Million | AU$89.85 Million | AU$21.04 Million | AU$33.29 Million | ▼ -19.9 pp |
| 2021 | 6.2% | AU$5.33 Million | AU$85.69 Million | AU$35.02 Million | AU$29.69 Million | ▼ -7.7 pp |
| 2020 | 13.9% | AU$9.25 Million | AU$66.44 Million | AU$18.99 Million | AU$9.74 Million | ▼ -28.8 pp |
| 2019 | 42.7% | AU$6.55 Million | AU$15.34 Million | AU$16.84 Million | AU$10.30 Million | ▼ -25.6 pp |
| 2018 | 68.3% | AU$11.95 Million | AU$17.49 Million | AU$19.34 Million | AU$7.39 Million | ▲ +5.5 pp |
| 2017 | 62.7% | AU$11.27 Million | AU$17.97 Million | AU$12.07 Million | AU$802.36K | ▲ +13.4 pp |
| 2016 | 49.3% | AU$9.44 Million | AU$19.13 Million | AU$17.18 Million | AU$7.75 Million | ▼ -92.9 pp |
| 2015 | 142.3% | AU$19.13 Million | AU$13.45 Million | AU$48.00 Million | AU$28.86 Million | ▲ +114.9 pp |
| 2014 | 27.3% | AU$2.14 Million | AU$7.84 Million | AU$9.11 Million | AU$6.97 Million | ▼ -19.7 pp |
| 2013 | 47.1% | AU$4.21 Million | AU$8.94 Million | AU$12.25 Million | AU$8.04 Million | ▲ +24.9 pp |
| 2012 | 22.1% | AU$3.23 Million | AU$14.60 Million | AU$21.06 Million | AU$17.83 Million | ▼ -167.1 pp |
| 2011 | 189.2% | AU$5.78 Million | AU$3.06 Million | AU$7.34 Million | AU$1.56 Million | ▲ +91.4 pp |
| 2010 | 97.8% | AU$20.26 Million | AU$20.71 Million | AU$29.50 Million | AU$9.24 Million | — |