Tennant Minerals Ltd (TMS) — Working Capital to Net Assets Ratio
Tennant Minerals Ltd (TMS) has a Working Capital to Net Assets ratio of 7.8% as of June 2025. Working capital of AU$1.09 Million (current assets of AU$1.39 Million minus current liabilities of AU$299.10K) is measured against net assets of AU$14.00 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Tennant Minerals Ltd balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Tennant Minerals Ltd Working Capital to Net Assets (2003–2024)
This chart shows how Tennant Minerals Ltd's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2003 to 2024. As of June 2025, the ratio stands at 7.8%, reflecting working capital of AU$1.09 Million against net assets of AU$14.00 Million AUD. Check Tennant Minerals Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Tennant Minerals Ltd (2003–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Tennant Minerals Ltd from 2003 to 2024, covering 22 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 Tennant Minerals Ltd market capitalisation.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 7.8% | AU$1.09 Million | AU$14.00 Million | AU$1.39 Million | AU$299.10K | ▼ -92.2 pp |
| 2023 | 100.0% | AU$4.18 Million | AU$4.18 Million | AU$4.68 Million | AU$505.76K | ▲ +0.0 pp |
| 2022 | 100.0% | AU$3.49 Million | AU$3.49 Million | AU$4.68 Million | AU$1.20 Million | ▲ +0.0 pp |
| 2021 | 100.0% | AU$3.89 Million | AU$3.89 Million | AU$4.86 Million | AU$970.50K | ▲ +0.0 pp |
| 2020 | 100.0% | AU$1.36 Million | AU$1.36 Million | AU$1.50 Million | AU$136.67K | ▲ +139.9 pp |
| 2019 | -39.9% | AU$-189.54K | AU$474.88K | AU$16.48K | AU$206.03K | ▼ -86.7 pp |
| 2018 | 46.8% | AU$213.04K | AU$454.95K | AU$316.78K | AU$103.75K | ▼ -53.2 pp |
| 2017 | 100.0% | AU$1.35 Million | AU$1.35 Million | AU$1.40 Million | AU$53.73K | ▲ +27.6 pp |
| 2016 | 72.4% | AU$406.53K | AU$561.57K | AU$551.71K | AU$145.18K | ▲ +4.9 pp |
| 2015 | 67.5% | AU$353.19K | AU$523.30K | AU$529.73K | AU$176.54K | ▲ +20.3 pp |
| 2014 | 47.2% | AU$108.37K | AU$229.77K | AU$397.18K | AU$288.81K | ▼ -36.1 pp |
| 2013 | 83.2% | AU$670.41K | AU$805.41K | AU$1.53 Million | AU$863.45K | ▼ -50.2 pp |
| 2012 | 133.4% | AU$466.04K | AU$349.24K | AU$1.51 Million | AU$1.04 Million | ▲ +71.3 pp |
| 2011 | 62.1% | AU$202.10K | AU$325.25K | AU$669.97K | AU$467.86K | ▲ +19.4 pp |
| 2010 | 42.7% | AU$655.83K | AU$1.54 Million | AU$1.17 Million | AU$509.41K | ▼ -53.0 pp |
| 2009 | 95.7% | AU$1.10 Million | AU$1.15 Million | AU$1.52 Million | AU$417.68K | ▲ +56.4 pp |
| 2008 | 39.3% | AU$289.53K | AU$737.44K | AU$1.25 Million | AU$960.53K | ▲ +38.1 pp |
| 2007 | 1.2% | AU$261.00K | AU$21.91 Million | AU$1.16 Million | AU$898.00K | ▼ -10.7 pp |
| 2006 | 11.9% | AU$2.77 Million | AU$23.17 Million | AU$3.56 Million | AU$795.00K | ▼ -17.3 pp |
| 2005 | 29.3% | AU$7.31 Million | AU$24.96 Million | AU$8.19 Million | AU$879.00K | ▲ +2.6 pp |
| 2004 | 26.7% | AU$3.29 Million | AU$12.30 Million | AU$3.85 Million | AU$560.00K | ▲ +65.8 pp |
| 2003 | -39.1% | AU$-361.56K | AU$925.58K | AU$380.24K | AU$741.80K | — |