Winchester Energy Ltd (WEL) — Working Capital to Net Assets Ratio
Winchester Energy Ltd (WEL) has a Working Capital to Net Assets ratio of -10.8% as of December 2025. Working capital of AU$-483.18K (current assets of AU$894.58K minus current liabilities of AU$1.38 Million) is measured against net assets of AU$4.48 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See WEL FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Winchester Energy Ltd Working Capital to Net Assets (2014–2025)
This chart shows how Winchester Energy Ltd's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2014 to 2025. As of December 2025, the ratio stands at -10.8%, reflecting working capital of AU$-483.18K against net assets of AU$4.48 Million AUD. See Winchester Energy Ltd (WEL) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Winchester Energy Ltd (2014–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Winchester Energy Ltd from 2014 to 2025, covering 12 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see WEL market cap.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -10.8% | AU$-483.18K | AU$4.48 Million | AU$894.58K | AU$1.38 Million | ▼ -9.0 pp |
| 2024 | -1.8% | AU$-107.13K | AU$5.84 Million | AU$991.63K | AU$1.10 Million | ▼ -3.0 pp |
| 2023 | 1.2% | AU$79.49K | AU$6.62 Million | AU$678.76K | AU$599.26K | ▼ -1.0 pp |
| 2022 | 2.2% | AU$197.79K | AU$9.09 Million | AU$1.26 Million | AU$1.06 Million | ▼ -24.9 pp |
| 2021 | 27.0% | AU$2.58 Million | AU$9.54 Million | AU$3.30 Million | AU$725.49K | ▲ +8.0 pp |
| 2020 | 19.0% | AU$1.42 Million | AU$7.45 Million | AU$2.11 Million | AU$694.22K | ▼ -24.6 pp |
| 2019 | 43.6% | AU$4.72 Million | AU$10.82 Million | AU$6.73 Million | AU$2.01 Million | ▲ +43.4 pp |
| 2018 | 0.2% | AU$11.21K | AU$4.71 Million | AU$785.66K | AU$774.45K | ▼ -10.3 pp |
| 2017 | 10.5% | AU$2.16 Million | AU$20.45 Million | AU$3.64 Million | AU$1.49 Million | ▼ -2.7 pp |
| 2016 | 13.2% | AU$2.56 Million | AU$19.31 Million | AU$2.99 Million | AU$435.29K | ▼ -15.1 pp |
| 2015 | 28.3% | AU$5.67 Million | AU$20.04 Million | AU$5.87 Million | AU$198.15K | ▼ -26.0 pp |
| 2014 | 54.3% | AU$12.30 Million | AU$22.68 Million | AU$12.75 Million | AU$442.00K | — |