QMINES LTD (81V) — Working Capital to Net Assets Ratio
QMINES LTD (81V) has a Working Capital to Net Assets ratio of -14.4% as of June 2024. Working capital of €-2.61 Million (current assets of €801.04K minus current liabilities of €3.41 Million) is measured against net assets of €18.09 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 81V days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
QMINES LTD Working Capital to Net Assets (2022–2024)
This chart shows how QMINES LTD's Working Capital to Net Assets ratio has evolved across 3 annual periods from 2022 to 2024. As of June 2024, the ratio stands at -14.4%, reflecting working capital of €-2.61 Million against net assets of €18.09 Million EUR. For the complete balance sheet picture, see how large is QMINES LTD's balance sheet.
Annual Working Capital to Net Assets for QMINES LTD (2022–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for QMINES LTD from 2022 to 2024, covering 3 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. Check 81V asset resilience ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -14.4% | €-2.61 Million | €18.09 Million | €801.04K | €3.41 Million | ▼ -29.1 pp |
| 2023 | 14.7% | €2.34 Million | €15.94 Million | €2.79 Million | €455.11K | ▲ +8.3 pp |
| 2022 | 6.4% | €795.01K | €12.40 Million | €1.18 Million | €386.80K | — |