X2M Connect Ltd (X2M) — Working Capital to Net Assets Ratio
X2M Connect Ltd (X2M) has a Working Capital to Net Assets ratio of 89.9% as of December 2025. Working capital of AU$-4.03 Million (current assets of AU$3.98 Million minus current liabilities of AU$8.02 Million) is measured against net assets of AU$-4.49 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. For the complete balance sheet picture, see total assets of X2M Connect Ltd.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
X2M Connect Ltd Working Capital to Net Assets (2019–2025)
This chart shows how X2M Connect Ltd's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2019 to 2025. As of December 2025, the ratio stands at 89.9%, reflecting working capital of AU$-4.03 Million against net assets of AU$-4.49 Million AUD. Explore X2M Connect Ltd (X2M) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.
Annual Working Capital to Net Assets for X2M Connect Ltd (2019–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for X2M Connect Ltd from 2019 to 2025, covering 7 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. Explore X2M Connect Ltd (X2M) investment intensity to see how much of total assets are deployed in long-term investments.
| Year | WC/NA Ratio | Working Capital (AUD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 93.1% | AU$-7.43 Million | AU$-7.98 Million | AU$4.34 Million | AU$11.77 Million | ▲ +450.4 pp |
| 2024 | -357.3% | AU$-1.95 Million | AU$544.90K | AU$7.42 Million | AU$9.37 Million | ▲ +558.9 pp |
| 2023 | -916.2% | AU$-3.71 Million | AU$405.25K | AU$9.35 Million | AU$13.06 Million | ▼ -804.8 pp |
| 2022 | -111.4% | AU$-1.73 Million | AU$1.56 Million | AU$4.25 Million | AU$5.98 Million | ▲ +1189.5 pp |
| 2021 | -1300.9% | AU$-2.41 Million | AU$185.22K | AU$3.98 Million | AU$6.39 Million | ▼ -1591.2 pp |
| 2020 | 290.3% | AU$-3.96 Million | AU$-1.36 Million | AU$2.17 Million | AU$6.13 Million | ▲ +165.8 pp |
| 2019 | 124.5% | AU$-9.71 Million | AU$-7.80 Million | AU$1.85 Million | AU$11.57 Million | — |