Terra Metals Ltd (TM1) — 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$3.23 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Terra Metals Ltd (TM1) financial flexibility to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Terra Metals Ltd Working Capital to Net Assets (2015–2024)
This chart shows how Terra Metals Ltd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2015 to 2024. As of June 2024, the ratio stands at -11.7%, reflecting working capital of AU$-376.70K against net assets of AU$3.23 Million AUD. See operational self-sufficiency of Terra Metals Ltd to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Terra Metals Ltd (2015–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Terra Metals Ltd from 2015 to 2024, covering 10 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see TM1 company net worth.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -11.7% | AU$-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 | — |