Top Shelf International Holdings Ltd (TSI) — Working Capital to Net Assets Ratio
Top Shelf International Holdings Ltd (TSI) has a Working Capital to Net Assets ratio of -26.1% as of June 2024. Working capital of AU$-10.59 Million (current assets of AU$25.05 Million minus current liabilities of AU$35.65 Million) is measured against net assets of AU$40.52 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See TSI equity to assets ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Top Shelf International Holdings Ltd Working Capital to Net Assets (2017–2023)
This chart shows how Top Shelf International Holdings Ltd's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2017 to 2023. As of June 2024, the ratio stands at -26.1%, reflecting working capital of AU$-10.59 Million against net assets of AU$40.52 Million AUD. Check TSI tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Top Shelf International Holdings Ltd (2017–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Top Shelf International Holdings Ltd from 2017 to 2023, covering 7 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see TSI market cap overview.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | -26.1% | AU$-10.59 Million | AU$40.52 Million | AU$25.05 Million | AU$35.65 Million | ▲ +95.7 pp |
| 2022 | -121.9% | AU$-27.63 Million | AU$22.67 Million | AU$20.53 Million | AU$48.16 Million | ▼ -162.9 pp |
| 2021 | 41.1% | AU$24.84 Million | AU$60.51 Million | AU$39.79 Million | AU$14.95 Million | ▲ +8.6 pp |
| 2020 | 32.5% | AU$14.08 Million | AU$43.39 Million | AU$27.33 Million | AU$13.25 Million | ▼ -14.6 pp |
| 2019 | 47.1% | AU$23.69 Million | AU$50.30 Million | AU$31.94 Million | AU$8.25 Million | ▲ +65.2 pp |
| 2018 | -18.1% | AU$-2.07 Million | AU$11.43 Million | AU$2.61 Million | AU$4.68 Million | ▼ -34.0 pp |
| 2017 | 15.8% | AU$1.55 Million | AU$9.80 Million | AU$3.16 Million | AU$1.61 Million | — |