Wam Microcap Ltd (WMI) — Working Capital to Net Assets Ratio
Wam Microcap Ltd (WMI) has a Working Capital to Net Assets ratio of 100.3% as of December 2025. Working capital of AU$413.77 Million (current assets of AU$421.32 Million minus current liabilities of AU$7.55 Million) is measured against net assets of AU$412.73 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See debt-free asset ratio of Wam Microcap Ltd to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Wam Microcap Ltd Working Capital to Net Assets (2014–2025)
This chart shows how Wam Microcap 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 100.3%, reflecting working capital of AU$413.77 Million against net assets of AU$412.73 Million AUD. Check Wam Microcap Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Wam Microcap Ltd (2014–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Wam Microcap 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 Wam Microcap Ltd market capitalisation.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 100.7% | AU$397.70 Million | AU$394.87 Million | AU$411.35 Million | AU$13.65 Million | ▲ +192.7 pp |
| 2024 | -92.0% | AU$-346.96 Million | AU$377.15 Million | AU$-335.50 Million | AU$11.46 Million | ▼ -103.6 pp |
| 2023 | 11.6% | AU$31.95 Million | AU$275.82 Million | AU$39.86 Million | AU$7.91 Million | ▼ -6.3 pp |
| 2022 | 17.9% | AU$48.10 Million | AU$268.21 Million | AU$50.85 Million | AU$2.75 Million | ▲ +1.9 pp |
| 2021 | 16.0% | AU$52.49 Million | AU$327.63 Million | AU$72.22 Million | AU$19.73 Million | ▲ +0.0 pp |
| 2020 | 16.0% | AU$28.98 Million | AU$181.43 Million | AU$38.79 Million | AU$9.81 Million | ▲ +1.4 pp |
| 2019 | 14.6% | AU$26.24 Million | AU$179.44 Million | AU$32.16 Million | AU$5.92 Million | ▼ -88.2 pp |
| 2018 | 102.8% | AU$185.37 Million | AU$180.26 Million | AU$195.22 Million | AU$9.85 Million | ▲ +33.4 pp |
| 2017 | 69.4% | AU$6.98 Million | AU$10.05 Million | AU$8.24 Million | AU$1.27 Million | ▲ +10.5 pp |
| 2016 | 58.9% | AU$5.53 Million | AU$9.38 Million | AU$6.54 Million | AU$1.01 Million | ▲ +2.0 pp |
| 2015 | 56.9% | AU$5.40 Million | AU$9.49 Million | AU$7.11 Million | AU$1.71 Million | ▼ -36.2 pp |
| 2014 | 93.1% | AU$10.16 Million | AU$10.91 Million | AU$12.15 Million | AU$1.99 Million | — |