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 (S2R) defensive interval to measure how many days the company can operate on defensive assets alone.
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. For the complete balance sheet picture, see S2 Resources Ltd asset portfolio.
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. Check S2 Resources Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
| 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 | — |