Redflow Ltd Working Capital to Net Assets Ratio
Redflow Ltd working capital to net assets ratio. Redflow Ltd (RFX) has a Working Capital to Net Assets ratio of 75.1% as of December 2023. Working capital of AU$5.56 Million (current assets of AU$14.83 Million minus current liabilities of AU$9.27 Million) is measured against net assets of AU$7.41 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check RFX tangible net worth 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 Redflow Ltd (2009–2023)
Working capital to net assets ratio of Redflow Ltd from 2009 to 2023. This chart shows how Redflow Ltd's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2009 to 2023. As of December 2023, the ratio stands at 75.1%, reflecting working capital of AU$5.56 Million against net assets of AU$7.41 Million AUD. See Redflow Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Redflow Ltd Working Capital to Net Assets Ratio by Year (2009–2023)
Redflow Ltd working capital to net assets ratio by year from 2009 to 2023. The table below presents the year-by-year Working Capital to Net Assets ratio for Redflow Ltd from 2009 to 2023, 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 Redflow Ltd balance sheet assets.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 77.4% | AU$7.06 Million | AU$9.12 Million | AU$11.52 Million | AU$4.46 Million | ▼ -7.1 pp |
| 2022 | 84.5% | AU$8.27 Million | AU$9.78 Million | AU$15.22 Million | AU$6.95 Million | ▼ -4.3 pp |
| 2021 | 88.8% | AU$7.93 Million | AU$8.93 Million | AU$15.76 Million | AU$7.83 Million | ▲ +5.5 pp |
| 2020 | 83.4% | AU$7.06 Million | AU$8.47 Million | AU$9.51 Million | AU$2.44 Million | ▼ -7.7 pp |
| 2019 | 91.0% | AU$16.02 Million | AU$17.60 Million | AU$19.15 Million | AU$3.13 Million | ▼ -1.9 pp |
| 2018 | 92.9% | AU$19.32 Million | AU$20.79 Million | AU$22.57 Million | AU$3.25 Million | ▲ +72.1 pp |
| 2017 | 20.9% | AU$385.40K | AU$1.85 Million | AU$8.61 Million | AU$8.22 Million | ▼ -67.5 pp |
| 2016 | 88.3% | AU$12.60 Million | AU$14.27 Million | AU$15.00 Million | AU$2.40 Million | ▼ -6.5 pp |
| 2015 | 94.8% | AU$13.72 Million | AU$14.47 Million | AU$16.88 Million | AU$3.16 Million | ▲ +5.2 pp |
| 2014 | 89.6% | AU$9.30 Million | AU$10.38 Million | AU$11.05 Million | AU$1.75 Million | ▲ +14.0 pp |
| 2013 | 75.7% | AU$4.40 Million | AU$5.82 Million | AU$5.38 Million | AU$980.32K | ▲ +11.1 pp |
| 2012 | 64.6% | AU$4.37 Million | AU$6.77 Million | AU$5.89 Million | AU$1.52 Million | ▲ +10.6 pp |
| 2011 | 53.9% | AU$8.65 Million | AU$16.03 Million | AU$11.11 Million | AU$2.46 Million | ▼ -34.4 pp |
| 2010 | 88.4% | AU$20.34 Million | AU$23.01 Million | AU$21.16 Million | AU$823.39K | ▲ +30.9 pp |
| 2009 | 57.5% | AU$409.75K | AU$712.80K | AU$777.54K | AU$367.79K | — |