Galan Lithium Limited Working Capital to Net Assets Ratio
Galan Lithium Limited working capital to net assets ratio. Galan Lithium Limited (9CH) has a Working Capital to Net Assets ratio of -3.8% as of June 2024. Working capital of €-6.02 Million (current assets of €4.53 Million minus current liabilities of €10.55 Million) is measured against net assets of €159.84 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check 9CH intangible-adjusted equity ratio 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 Galan Lithium Limited (2018–2024)
Working capital to net assets ratio of Galan Lithium Limited from 2018 to 2024. This chart shows how Galan Lithium Limited's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2018 to 2024. As of June 2024, the ratio stands at -3.8%, reflecting working capital of €-6.02 Million against net assets of €159.84 Million EUR. See 9CH defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Galan Lithium Limited Working Capital to Net Assets Ratio by Year (2018–2024)
Galan Lithium Limited working capital to net assets ratio by year from 2018 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Galan Lithium Limited 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. For the complete balance sheet picture, see balance sheet size of Galan Lithium Limited.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -3.8% | €-6.02 Million | €159.84 Million | €4.53 Million | €10.55 Million | ▼ -36.8 pp |
| 2023 | 33.0% | €38.45 Million | €116.45 Million | €45.68 Million | €7.24 Million | ▼ -26.1 pp |
| 2022 | 59.1% | €51.36 Million | €86.86 Million | €53.95 Million | €2.59 Million | ▲ +19.7 pp |
| 2021 | 39.5% | €15.14 Million | €38.35 Million | €15.60 Million | €462.31K | ▲ +33.5 pp |
| 2020 | 6.0% | €1.18 Million | €19.84 Million | €1.66 Million | €480.09K | ▼ -0.8 pp |
| 2019 | 6.8% | €1.11 Million | €16.45 Million | €2.65 Million | €1.54 Million | ▼ -8.4 pp |
| 2018 | 15.2% | €1.37 Million | €9.01 Million | €1.73 Million | €360.93K | — |