Virgin Australia Holdings Ltd Working Capital to Net Assets Ratio
Virgin Australia Holdings Ltd working capital to net assets ratio. Virgin Australia Holdings Ltd (VGN) has a Working Capital to Net Assets ratio of 231.3% as of June 2025. Working capital of AU$-1.88 Billion (current assets of AU$1.57 Billion minus current liabilities of AU$3.46 Billion) is measured against net assets of AU$-814.60 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Virgin Australia Holdings Ltd tangible net worth ratio 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 Virgin Australia Holdings Ltd (2017–2025)
Working capital to net assets ratio of Virgin Australia Holdings Ltd from 2017 to 2025. This chart shows how Virgin Australia Holdings Ltd's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2017 to 2025. As of June 2025, the ratio stands at 231.3%, reflecting working capital of AU$-1.88 Billion against net assets of AU$-814.60 Million AUD. See VGN defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Virgin Australia Holdings Ltd Working Capital to Net Assets Ratio by Year (2017–2025)
Virgin Australia Holdings Ltd working capital to net assets ratio by year from 2017 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Virgin Australia Holdings Ltd from 2017 to 2025, covering 6 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 Virgin Australia Holdings Ltd.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 231.3% | AU$-1.88 Billion | AU$-814.60 Million | AU$1.57 Billion | AU$3.46 Billion | ▲ +96.9 pp |
| 2024 | 134.4% | AU$-1.58 Billion | AU$-1.18 Billion | AU$1.35 Billion | AU$2.94 Billion | ▲ +8.0 pp |
| 2023 | 126.4% | AU$-1.72 Billion | AU$-1.36 Billion | AU$1.48 Billion | AU$3.20 Billion | ▲ +308.1 pp |
| 2019 | -181.7% | AU$-1.07 Billion | AU$589.70 Million | AU$2.17 Billion | AU$3.24 Billion | ▼ -131.8 pp |
| 2018 | -49.9% | AU$-544.40 Million | AU$1.09 Billion | AU$1.98 Billion | AU$2.52 Billion | ▼ -14.1 pp |
| 2017 | -35.8% | AU$-560.80 Million | AU$1.57 Billion | AU$1.79 Billion | AU$2.35 Billion | — |