Terra Metals Ltd Working Capital to Net Assets Ratio
Terra Metals Ltd working capital to net assets ratio. Terra Metals Ltd (TM1) has a Working Capital to Net Assets ratio of -11.7% as of June 2024. Working capital of AU$-376.70K (current assets of AU$638.39K minus current liabilities of AU$1.02 Million) is measured against net assets of AU$3.23 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check TM1 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Terra Metals Ltd (2015–2024)
Working capital to net assets ratio of Terra Metals Ltd from 2015 to 2024. This chart shows how Terra Metals Ltd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2015 to 2024. As of June 2024, the ratio stands at -11.7%, reflecting working capital of AU$-376.70K against net assets of AU$3.23 Million AUD. See how many days can Terra Metals Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Terra Metals Ltd Working Capital to Net Assets Ratio by Year (2015–2024)
Terra Metals Ltd working capital to net assets ratio by year from 2015 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Terra Metals Ltd from 2015 to 2024, covering 10 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see Terra Metals Ltd balance sheet assets.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -11.7% | AU$-376.70K | AU$3.23 Million | AU$638.39K | AU$1.02 Million | ▼ -97.1 pp |
| 2023 | 85.4% | AU$2.23 Million | AU$2.61 Million | AU$2.27 Million | AU$40.33K | ▼ 0.0 pp |
| 2022 | 85.4% | AU$2.31 Million | AU$2.71 Million | AU$3.16 Million | AU$843.86K | ▼ -14.6 pp |
| 2021 | 100.0% | AU$-62.81 Million | AU$-62.80 Million | AU$44.73K | AU$62.85 Million | ▲ +0.0 pp |
| 2020 | 100.0% | AU$-61.00 Million | AU$-61.00 Million | AU$39.12 Million | AU$100.12 Million | ▲ +93.1 pp |
| 2019 | 6.9% | AU$4.63 Million | AU$67.31 Million | AU$14.12 Million | AU$9.49 Million | ▼ -9.7 pp |
| 2018 | 16.6% | AU$12.79 Million | AU$77.09 Million | AU$22.70 Million | AU$9.91 Million | ▼ -33.7 pp |
| 2017 | 50.3% | AU$30.46 Million | AU$60.57 Million | AU$35.07 Million | AU$4.60 Million | ▲ +60.2 pp |
| 2016 | -10.0% | AU$-1.37 Million | AU$13.77 Million | AU$317.75K | AU$1.69 Million | ▼ -12.9 pp |
| 2015 | 3.0% | AU$437.47K | AU$14.63 Million | AU$1.63 Million | AU$1.20 Million | — |