S2 Resources Ltd (S2R) — Working Capital to Net Assets Ratio
S2 Resources Ltd (S2R) has a Working Capital to Net Assets ratio of 82.3% as of December 2025. Working capital of AU$20.55 Million (current assets of AU$23.32 Million minus current liabilities of AU$2.77 Million) is measured against net assets of AU$24.97 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See S2 Resources Ltd net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
S2 Resources Ltd Working Capital to Net Assets (2016–2025)
This chart shows how S2 Resources Ltd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2016 to 2025. As of December 2025, the ratio stands at 82.3%, reflecting working capital of AU$20.55 Million against net assets of AU$24.97 Million AUD. Check S2 Resources Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for S2 Resources Ltd (2016–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for S2 Resources Ltd from 2016 to 2025, covering 10 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 S2 Resources Ltd market cap and net worth.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 37.0% | AU$3.38 Million | AU$9.12 Million | AU$4.30 Million | AU$924.09K | ▼ -41.1 pp |
| 2024 | 78.1% | AU$6.32 Million | AU$8.09 Million | AU$7.09 Million | AU$771.55K | ▲ +6.7 pp |
| 2023 | 71.4% | AU$6.34 Million | AU$8.88 Million | AU$6.99 Million | AU$646.17K | ▼ -3.4 pp |
| 2022 | 74.9% | AU$7.44 Million | AU$9.94 Million | AU$7.92 Million | AU$476.91K | ▼ -8.7 pp |
| 2021 | 83.5% | AU$13.06 Million | AU$15.64 Million | AU$13.99 Million | AU$923.81K | ▲ +14.3 pp |
| 2020 | 69.2% | AU$6.49 Million | AU$9.38 Million | AU$6.92 Million | AU$427.33K | ▼ -3.9 pp |
| 2019 | 73.2% | AU$11.73 Million | AU$16.03 Million | AU$12.47 Million | AU$733.56K | ▲ +12.0 pp |
| 2018 | 61.2% | AU$15.17 Million | AU$24.79 Million | AU$15.78 Million | AU$607.31K | ▼ -12.2 pp |
| 2017 | 73.4% | AU$17.22 Million | AU$23.45 Million | AU$18.03 Million | AU$815.23K | ▼ -6.8 pp |
| 2016 | 80.2% | AU$15.15 Million | AU$18.89 Million | AU$16.33 Million | AU$1.18 Million | — |