Treasury Wine Estates Ltd (TWE) — Working Capital to Net Assets Ratio
Treasury Wine Estates Ltd (TWE) has a Working Capital to Net Assets ratio of 23.8% as of December 2025. Working capital of AU$922.00 Million (current assets of AU$1.77 Billion minus current liabilities of AU$845.00 Million) is measured against net assets of AU$3.87 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is Treasury Wine Estates Ltd's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Treasury Wine Estates Ltd Working Capital to Net Assets (2010–2025)
This chart shows how Treasury Wine Estates Ltd's Working Capital to Net Assets ratio has evolved across 16 annual periods from 2010 to 2025. As of December 2025, the ratio stands at 23.8%, reflecting working capital of AU$922.00 Million against net assets of AU$3.87 Billion AUD. Check tangible equity quality of Treasury Wine Estates Ltd to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Treasury Wine Estates Ltd (2010–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Treasury Wine Estates Ltd from 2010 to 2025, covering 16 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 how much is Treasury Wine Estates Ltd worth.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 23.3% | AU$1.12 Billion | AU$4.80 Billion | AU$2.21 Billion | AU$1.10 Billion | ▼ -1.8 pp |
| 2024 | 25.1% | AU$1.16 Billion | AU$4.61 Billion | AU$2.19 Billion | AU$1.03 Billion | ▼ -4.2 pp |
| 2023 | 29.4% | AU$1.14 Billion | AU$3.88 Billion | AU$2.24 Billion | AU$1.10 Billion | ▲ +3.3 pp |
| 2022 | 26.0% | AU$986.60 Million | AU$3.79 Billion | AU$1.99 Billion | AU$1.00 Billion | ▼ -6.8 pp |
| 2021 | 32.8% | AU$1.18 Billion | AU$3.59 Billion | AU$2.06 Billion | AU$878.50 Million | ▲ +1.8 pp |
| 2020 | 31.1% | AU$1.12 Billion | AU$3.60 Billion | AU$2.10 Billion | AU$983.00 Million | ▼ -2.4 pp |
| 2019 | 33.5% | AU$1.22 Billion | AU$3.64 Billion | AU$2.15 Billion | AU$926.70 Million | ▲ +6.8 pp |
| 2018 | 26.7% | AU$932.40 Million | AU$3.50 Billion | AU$1.74 Billion | AU$809.40 Million | ▼ -2.6 pp |
| 2017 | 29.3% | AU$1.06 Billion | AU$3.61 Billion | AU$1.84 Billion | AU$779.30 Million | ▼ -0.6 pp |
| 2016 | 29.9% | AU$1.07 Billion | AU$3.57 Billion | AU$1.83 Billion | AU$761.50 Million | ▲ +1.3 pp |
| 2015 | 28.6% | AU$873.00 Million | AU$3.05 Billion | AU$1.44 Billion | AU$570.70 Million | ▲ +6.3 pp |
| 2014 | 22.3% | AU$636.20 Million | AU$2.85 Billion | AU$1.22 Billion | AU$582.10 Million | ▲ +2.0 pp |
| 2013 | 20.4% | AU$612.80 Million | AU$3.01 Billion | AU$1.19 Billion | AU$573.20 Million | ▼ -2.1 pp |
| 2012 | 22.4% | AU$659.80 Million | AU$2.94 Billion | AU$1.20 Billion | AU$540.50 Million | ▼ -7.7 pp |
| 2011 | 30.2% | AU$868.30 Million | AU$2.88 Billion | AU$1.30 Billion | AU$429.70 Million | ▼ -0.4 pp |
| 2010 | 30.6% | AU$883.60 Million | AU$2.89 Billion | AU$1.30 Billion | AU$419.80 Million | — |