Wam Research Ltd Working Capital to Net Assets Ratio
Wam Research Ltd working capital to net assets ratio. Wam Research Ltd (WAX) has a Working Capital to Net Assets ratio of 98.4% as of June 2025. Working capital of AU$222.49 Million (current assets of AU$235.51 Million minus current liabilities of AU$13.02 Million) is measured against net assets of AU$226.21 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check WAX 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 Wam Research Ltd (2005–2025)
Working capital to net assets ratio of Wam Research Ltd from 2005 to 2025. This chart shows how Wam Research Ltd's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2005 to 2025. As of June 2025, the ratio stands at 98.4%, reflecting working capital of AU$222.49 Million against net assets of AU$226.21 Million AUD. See WAX days of operational coverage to measure how many days the company can operate on defensive assets alone.
Wam Research Ltd Working Capital to Net Assets Ratio by Year (2005–2025)
Wam Research Ltd working capital to net assets ratio by year from 2005 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Wam Research Ltd from 2005 to 2025, covering 19 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 WAX asset base.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 98.4% | AU$222.49 Million | AU$226.21 Million | AU$235.51 Million | AU$13.02 Million | ▲ +7.8 pp |
| 2024 | 90.6% | AU$194.47 Million | AU$214.66 Million | AU$221.72 Million | AU$27.24 Million | ▼ -1.9 pp |
| 2023 | 92.5% | AU$184.11 Million | AU$199.14 Million | AU$188.54 Million | AU$4.43 Million | ▲ +1.8 pp |
| 2022 | 90.6% | AU$180.18 Million | AU$198.83 Million | AU$185.85 Million | AU$5.68 Million | ▼ -7.9 pp |
| 2021 | 98.5% | AU$232.10 Million | AU$235.63 Million | AU$250.49 Million | AU$18.39 Million | ▲ +0.9 pp |
| 2020 | 97.6% | AU$194.12 Million | AU$198.80 Million | AU$194.30 Million | AU$175.66K | ▼ -1.0 pp |
| 2019 | 98.7% | AU$219.09 Million | AU$222.00 Million | AU$228.63 Million | AU$9.54 Million | ▲ +72.5 pp |
| 2018 | 26.2% | AU$61.64 Million | AU$235.02 Million | AU$69.46 Million | AU$7.82 Million | ▼ -19.8 pp |
| 2017 | 46.1% | AU$103.45 Million | AU$224.62 Million | AU$103.66 Million | AU$209.11K | ▲ +18.6 pp |
| 2016 | 27.4% | AU$57.28 Million | AU$208.77 Million | AU$66.54 Million | AU$9.27 Million | ▼ -19.1 pp |
| 2015 | 46.5% | AU$86.61 Million | AU$186.17 Million | AU$92.26 Million | AU$5.65 Million | ▲ +15.8 pp |
| 2014 | 30.7% | AU$45.60 Million | AU$148.56 Million | AU$46.76 Million | AU$1.16 Million | ▼ -14.2 pp |
| 2013 | 44.9% | AU$54.61 Million | AU$121.75 Million | AU$56.66 Million | AU$2.04 Million | ▼ -1.3 pp |
| 2012 | 46.2% | AU$49.96 Million | AU$108.22 Million | AU$50.97 Million | AU$1.01 Million | ▲ +21.1 pp |
| 2011 | 25.0% | AU$27.91 Million | AU$111.44 Million | AU$28.01 Million | AU$96.56K | ▲ +8.3 pp |
| 2010 | 16.8% | AU$17.60 Million | AU$104.94 Million | AU$17.69 Million | AU$90.28K | ▲ +1.5 pp |
| 2009 | 15.2% | AU$16.37 Million | AU$107.44 Million | AU$16.46 Million | AU$91.14K | ▼ -3.9 pp |
| 2006 | 19.2% | AU$26.51 Million | AU$138.37 Million | AU$26.87 Million | AU$358.90K | ▼ -30.3 pp |
| 2005 | 49.5% | AU$71.66 Million | AU$144.89 Million | AU$72.99 Million | AU$1.33 Million | — |