THETA GOLD MNS LTD Working Capital to Net Assets Ratio
THETA GOLD MNS LTD working capital to net assets ratio. THETA GOLD MNS LTD (3LM) has a Working Capital to Net Assets ratio of 965.4% as of June 2024. Working capital of €-20.47 Million (current assets of €3.32 Million minus current liabilities of €23.79 Million) is measured against net assets of €-2.12 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check THETA GOLD MNS LTD (3LM) tangible net worth 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 THETA GOLD MNS LTD (2021–2024)
Working capital to net assets ratio of THETA GOLD MNS LTD from 2021 to 2024. This chart shows how THETA GOLD MNS LTD's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2021 to 2024. As of June 2024, the ratio stands at 965.4%, reflecting working capital of €-20.47 Million against net assets of €-2.12 Million EUR. See THETA GOLD MNS LTD defensive interval ratio to measure how many days the company can operate on defensive assets alone.
THETA GOLD MNS LTD Working Capital to Net Assets Ratio by Year (2021–2024)
THETA GOLD MNS LTD working capital to net assets ratio by year from 2021 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for THETA GOLD MNS LTD from 2021 to 2024, covering 4 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 THETA GOLD MNS LTD balance sheet assets.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 965.4% | €-20.47 Million | €-2.12 Million | €3.32 Million | €23.79 Million | ▼ -632.3 pp |
| 2023 | 1597.7% | €-10.99 Million | €-688.00K | €2.43 Million | €13.43 Million | ▲ +1784.7 pp |
| 2022 | -187.0% | €-9.01 Million | €4.82 Million | €171.00K | €9.18 Million | ▼ -87.3 pp |
| 2021 | -99.7% | €-8.66 Million | €8.69 Million | €380.00K | €9.04 Million | — |