Trinex Minerals Ltd Working Capital to Net Assets Ratio
Trinex Minerals Ltd 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. Check Trinex Minerals Ltd (TX3) tangible net worth to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Trinex Minerals Ltd (2021–2024)
Working capital to net assets ratio of Trinex Minerals Ltd from 2021 to 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 operational self-sufficiency of Trinex Minerals Ltd to measure how many days the company can operate on defensive assets alone.
Trinex Minerals Ltd Working Capital to Net Assets Ratio by Year (2021–2024)
Trinex Minerals Ltd working capital to net assets ratio by year from 2021 to 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 the complete balance sheet picture, see balance sheet size of Trinex Minerals Ltd.
| 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 | — |