West African Resources Ltd Working Capital to Net Assets Ratio
West African Resources Ltd working capital to net assets ratio. West African Resources Ltd (WAF) has a Working Capital to Net Assets ratio of 18.3% as of June 2025. Working capital of AU$267.55 Million (current assets of AU$612.38 Million minus current liabilities of AU$344.83 Million) is measured against net assets of AU$1.46 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of West African Resources Ltd (2010–2025)
Working capital to net assets ratio of West African Resources Ltd from 2010 to 2025. This chart shows how West African Resources Ltd's Working Capital to Net Assets ratio has evolved across 16 annual periods from 2010 to 2025. As of June 2025, the ratio stands at 18.3%, reflecting working capital of AU$267.55 Million against net assets of AU$1.46 Billion AUD. See West African Resources Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
West African Resources Ltd Working Capital to Net Assets Ratio by Year (2010–2025)
West African Resources Ltd working capital to net assets ratio by year from 2010 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for West African Resources 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 the complete balance sheet picture, see WAF total assets.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 34.6% | AU$454.26 Million | AU$1.31 Billion | AU$649.23 Million | AU$194.98 Million | ▼ -3.6 pp |
| 2024 | 38.1% | AU$345.54 Million | AU$905.83 Million | AU$474.19 Million | AU$128.65 Million | ▲ +10.1 pp |
| 2023 | 28.0% | AU$207.49 Million | AU$740.57 Million | AU$295.06 Million | AU$87.58 Million | ▲ +11.9 pp |
| 2022 | 16.1% | AU$89.23 Million | AU$554.41 Million | AU$286.52 Million | AU$197.29 Million | ▲ +46.8 pp |
| 2021 | -30.7% | AU$-52.85 Million | AU$172.26 Million | AU$169.65 Million | AU$222.50 Million | ▼ -124.1 pp |
| 2020 | 93.4% | AU$69.34 Million | AU$74.23 Million | AU$85.12 Million | AU$15.78 Million | ▲ +21.4 pp |
| 2019 | 72.0% | AU$57.55 Million | AU$79.92 Million | AU$67.24 Million | AU$9.69 Million | ▼ -27.0 pp |
| 2018 | 99.0% | AU$39.34 Million | AU$39.72 Million | AU$43.31 Million | AU$3.97 Million | ▲ +0.4 pp |
| 2017 | 98.6% | AU$8.95 Million | AU$9.08 Million | AU$10.93 Million | AU$1.97 Million | ▲ +1.1 pp |
| 2016 | 97.5% | AU$3.11 Million | AU$3.19 Million | AU$11.58 Million | AU$8.47 Million | ▼ -8.0 pp |
| 2015 | 105.4% | AU$-3.53 Million | AU$-3.35 Million | AU$3.63 Million | AU$7.16 Million | ▲ +23.6 pp |
| 2014 | 81.9% | AU$2.03 Million | AU$2.49 Million | AU$2.64 Million | AU$604.70K | ▼ -0.5 pp |
| 2013 | 82.3% | AU$2.77 Million | AU$3.37 Million | AU$3.41 Million | AU$637.42K | ▼ -3.0 pp |
| 2012 | 85.4% | AU$3.20 Million | AU$3.74 Million | AU$4.00 Million | AU$807.23K | ▼ -4.8 pp |
| 2011 | 90.2% | AU$7.92 Million | AU$8.78 Million | AU$8.22 Million | AU$304.57K | ▼ -0.4 pp |
| 2010 | 90.6% | AU$5.14 Million | AU$5.67 Million | AU$5.76 Million | AU$621.80K | — |