Harmony Gold Mining Company Ltd (HMY) — Working Capital to Net Assets Ratio
Harmony Gold Mining Company Ltd (HMY) has a Working Capital to Net Assets ratio of 17.0% as of December 2024. Working capital of AR$7.81 Billion (current assets of AR$17.12 Billion minus current liabilities of AR$9.31 Billion) is measured against net assets of AR$46.04 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Harmony Gold Mining Company Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Harmony Gold Mining Company Ltd Working Capital to Net Assets (2018–2024)
This chart shows how Harmony Gold Mining Company Ltd's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2018 to 2024. As of December 2024, the ratio stands at 17.0%, reflecting working capital of AR$7.81 Billion against net assets of AR$46.04 Billion ARS. For the complete balance sheet picture, see Harmony Gold Mining Company Ltd balance sheet assets.
Annual Working Capital to Net Assets for Harmony Gold Mining Company Ltd (2018–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Harmony Gold Mining Company Ltd from 2018 to 2024, 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 long-term investment intensity of Harmony Gold Mining Company Ltd to see how much of total assets are deployed in long-term investments.
| Year | WC/NA Ratio | Working Capital (ARS) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 10.1% | AR$4.14 Billion | AR$40.95 Billion | AR$11.50 Billion | AR$7.36 Billion | ▲ +4.9 pp |
| 2023 | 5.2% | AR$1.81 Billion | AR$34.88 Billion | AR$8.68 Billion | AR$6.87 Billion | ▼ -3.2 pp |
| 2022 | 8.4% | AR$2.52 Billion | AR$30.12 Billion | AR$7.49 Billion | AR$4.97 Billion | ▼ -1.1 pp |
| 2021 | 9.5% | AR$3.00 Billion | AR$31.68 Billion | AR$8.55 Billion | AR$5.55 Billion | ▼ -1.7 pp |
| 2020 | 11.1% | AR$2.61 Billion | AR$23.38 Billion | AR$10.17 Billion | AR$7.56 Billion | ▲ +6.1 pp |
| 2019 | 5.1% | AR$1.14 Billion | AR$22.61 Billion | AR$4.38 Billion | AR$3.23 Billion | ▲ +2.8 pp |
| 2018 | 2.3% | AR$582.00 Million | AR$25.32 Billion | AR$4.18 Billion | AR$3.60 Billion | — |