Trinex Minerals Ltd (TX3) — Working Capital to Net Assets Ratio
Trinex Minerals Ltd (TX3) has a Working Capital to Net Assets ratio of 6.9% as of December 2024. Working capital of AU$629.58K (current assets of AU$1.23 Million minus current liabilities of AU$597.46K) is measured against net assets of AU$9.11 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how financially flexible is Trinex Minerals Ltd to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Trinex Minerals Ltd Working Capital to Net Assets (2021–2024)
This chart shows how Trinex Minerals Ltd's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2021 to 2024. As of December 2024, the ratio stands at 6.9%, reflecting working capital of AU$629.58K against net assets of AU$9.11 Million AUD. See defensive interval ratio of Trinex Minerals Ltd to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Trinex Minerals Ltd (2021–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Trinex Minerals Ltd from 2021 to 2024, covering 4 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 TX3 stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 12.0% | AU$1.84 Million | AU$15.23 Million | AU$3.31 Million | AU$1.47 Million | ▼ -15.8 pp |
| 2023 | 27.9% | AU$2.41 Million | AU$8.65 Million | AU$2.94 Million | AU$525.08K | ▼ -13.7 pp |
| 2022 | 41.5% | AU$4.33 Million | AU$10.42 Million | AU$4.90 Million | AU$571.13K | ▼ -11.7 pp |
| 2021 | 53.3% | AU$7.07 Million | AU$13.27 Million | AU$7.25 Million | AU$186.01K | — |