AFRICAN PIONEER PLC O.N. (9TI) — Working Capital to Net Assets Ratio

Latest as of December 2024: -16.9%

AFRICAN PIONEER PLC O.N. (9TI) has a Working Capital to Net Assets ratio of -16.9% as of December 2024. Working capital of €-783.56K (current assets of €33.27K minus current liabilities of €816.83K) is measured against net assets of €4.64 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 9TI equity financing ratio to measure how much of total assets are equity-financed.

WC/NA Ratio

-16.9%
Working Capital / Net Assets

Working Capital

€-783.56K
EUR

Current Assets

€33.27K
EUR

Current Liabilities

€816.83K
EUR

AFRICAN PIONEER PLC O.N. Working Capital to Net Assets (2021–2024)

This chart shows how AFRICAN PIONEER PLC O.N.'s Working Capital to Net Assets ratio has evolved across 4 annual periods from 2021 to 2024. As of December 2024, the ratio stands at -16.9%, reflecting working capital of €-783.56K against net assets of €4.64 Million EUR. Check 9TI tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for AFRICAN PIONEER PLC O.N. (2021–2024)

The table below presents the year-by-year Working Capital to Net Assets ratio for AFRICAN PIONEER PLC O.N. 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 market cap of AFRICAN PIONEER PLC O.N..

Year WC/NA Ratio Working Capital (EUR) Net Assets Current Assets Current Liabilities Change (pp)
2024 -16.9% €-783.56K €4.64 Million €33.27K €816.83K ▼ -16.7 pp
2023 -0.1% €-7.35K €5.21 Million €384.18K €391.54K ▼ -2.5 pp
2022 2.4% €125.97K €5.24 Million €478.45K €352.48K ▼ -23.0 pp
2021 25.4% €1.51 Million €5.94 Million €1.72 Million €206.17K
pp = percentage points