MANUKA RESOURCES LTD (6M0A) — Working Capital to Net Assets Ratio
MANUKA RESOURCES LTD (6M0A) has a Working Capital to Net Assets ratio of -196.2% as of June 2024. Working capital of €-33.37 Million (current assets of €2.52 Million minus current liabilities of €35.89 Million) is measured against net assets of €17.01 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check strategic asset allocation of MANUKA RESOURCES LTD to assess the company's strategic physical and investment asset allocation.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
MANUKA RESOURCES LTD Working Capital to Net Assets (2021–2024)
This chart shows how MANUKA RESOURCES 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 -196.2%, reflecting working capital of €-33.37 Million against net assets of €17.01 Million EUR. See 6M0A defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for MANUKA RESOURCES LTD (2021–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for MANUKA RESOURCES 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 live market cap and the full company profile, see MANUKA RESOURCES LTD (6M0A) market capitalisation.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -196.2% | €-33.37 Million | €17.01 Million | €2.52 Million | €35.89 Million | ▼ -47.9 pp |
| 2023 | -148.3% | €-29.57 Million | €19.94 Million | €3.85 Million | €33.42 Million | ▼ -40.2 pp |
| 2022 | -108.1% | €-14.67 Million | €13.57 Million | €5.44 Million | €20.11 Million | ▲ +0.7 pp |
| 2021 | -108.8% | €-3.46 Million | €3.18 Million | €7.06 Million | €10.52 Million | — |