Technology One Ltd (TNE) — Working Capital to Net Assets Ratio
Technology One Ltd (TNE) has a Working Capital to Net Assets ratio of 12.0% as of September 2025. Working capital of AU$53.87 Million (current assets of AU$445.90 Million minus current liabilities of AU$392.04 Million) is measured against net assets of AU$450.70 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Technology One Ltd leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Technology One Ltd Working Capital to Net Assets (1999–2025)
This chart shows how Technology One Ltd's Working Capital to Net Assets ratio has evolved across 27 annual periods from 1999 to 2025. As of September 2025, the ratio stands at 12.0%, reflecting working capital of AU$53.87 Million against net assets of AU$450.70 Million AUD. See Technology One Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Technology One Ltd (1999–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Technology One Ltd from 1999 to 2025, covering 27 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 TNE stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 12.0% | AU$53.87 Million | AU$450.70 Million | AU$445.90 Million | AU$392.04 Million | ▼ -10.3 pp |
| 2024 | 22.2% | AU$84.31 Million | AU$379.26 Million | AU$407.09 Million | AU$322.79 Million | ▲ +9.0 pp |
| 2023 | 13.3% | AU$40.59 Million | AU$306.01 Million | AU$344.43 Million | AU$303.84 Million | ▲ +8.7 pp |
| 2022 | 4.6% | AU$11.01 Million | AU$239.10 Million | AU$282.15 Million | AU$271.15 Million | ▼ -15.6 pp |
| 2021 | 20.2% | AU$38.52 Million | AU$190.23 Million | AU$275.76 Million | AU$237.24 Million | ▲ +10.5 pp |
| 2020 | 9.7% | AU$13.83 Million | AU$142.17 Million | AU$217.79 Million | AU$203.97 Million | ▲ +15.6 pp |
| 2019 | -5.9% | AU$-6.27 Million | AU$106.86 Million | AU$200.84 Million | AU$207.11 Million | ▲ +22.4 pp |
| 2018 | -28.3% | AU$-21.94 Million | AU$77.49 Million | AU$180.50 Million | AU$202.44 Million | ▼ -86.8 pp |
| 2017 | 58.5% | AU$92.18 Million | AU$157.52 Million | AU$169.97 Million | AU$77.79 Million | ▼ -6.1 pp |
| 2016 | 64.6% | AU$89.48 Million | AU$138.49 Million | AU$147.26 Million | AU$57.78 Million | ▼ -0.3 pp |
| 2015 | 64.9% | AU$76.52 Million | AU$117.94 Million | AU$126.20 Million | AU$49.68 Million | ▼ -13.6 pp |
| 2014 | 78.5% | AU$82.04 Million | AU$104.50 Million | AU$120.35 Million | AU$38.31 Million | ▲ +4.4 pp |
| 2013 | 74.1% | AU$64.99 Million | AU$87.74 Million | AU$105.06 Million | AU$40.07 Million | ▲ +7.8 pp |
| 2012 | 66.2% | AU$49.02 Million | AU$74.00 Million | AU$82.67 Million | AU$33.64 Million | ▲ +5.4 pp |
| 2011 | 60.9% | AU$41.62 Million | AU$68.37 Million | AU$69.57 Million | AU$27.95 Million | ▲ +11.2 pp |
| 2010 | 49.6% | AU$31.48 Million | AU$63.41 Million | AU$56.49 Million | AU$25.01 Million | ▼ -10.2 pp |
| 2009 | 59.9% | AU$34.21 Million | AU$57.14 Million | AU$55.32 Million | AU$21.11 Million | ▲ +4.3 pp |
| 2008 | 55.6% | AU$28.07 Million | AU$50.51 Million | AU$48.28 Million | AU$20.21 Million | ▼ -17.8 pp |
| 2007 | 73.4% | AU$32.52 Million | AU$44.31 Million | AU$51.20 Million | AU$18.68 Million | ▲ +1.7 pp |
| 2006 | 71.6% | AU$28.12 Million | AU$39.26 Million | AU$39.81 Million | AU$11.68 Million | ▼ -1.2 pp |
| 2005 | 72.8% | AU$28.04 Million | AU$38.50 Million | AU$38.97 Million | AU$10.94 Million | ▲ +4.3 pp |
| 2004 | 68.6% | AU$25.34 Million | AU$36.96 Million | AU$36.06 Million | AU$10.72 Million | ▲ +2.3 pp |
| 2003 | 66.2% | AU$23.60 Million | AU$35.65 Million | AU$32.52 Million | AU$8.91 Million | ▲ +0.8 pp |
| 2002 | 65.4% | AU$23.96 Million | AU$36.64 Million | AU$36.56 Million | AU$12.59 Million | ▲ +0.6 pp |
| 2001 | 64.8% | AU$22.90 Million | AU$35.35 Million | AU$35.14 Million | AU$12.24 Million | ▼ -27.5 pp |
| 2000 | 92.3% | AU$13.19 Million | AU$14.30 Million | AU$19.83 Million | AU$6.64 Million | ▼ -19.2 pp |
| 1999 | 111.4% | AU$9.09 Million | AU$8.16 Million | AU$15.66 Million | AU$6.57 Million | — |