Harmony Gold Mining Company Limited Working Capital to Net Assets Ratio
Harmony Gold Mining Company Limited working capital to net assets ratio. Harmony Gold Mining Company Limited (HAM) has a Working Capital to Net Assets ratio of -26.4% as of December 2025. Working capital of €-13.78 Billion (current assets of €16.30 Billion minus current liabilities of €30.07 Billion) is measured against net assets of €52.20 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Harmony Gold Mining Company Limited (HAM) 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 Harmony Gold Mining Company Limited (2017–2024)
Working capital to net assets ratio of Harmony Gold Mining Company Limited from 2017 to 2024. This chart shows how Harmony Gold Mining Company Limited's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of December 2025, the ratio stands at -26.4%, reflecting working capital of €-13.78 Billion against net assets of €52.20 Billion EUR. See HAM cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Harmony Gold Mining Company Limited Working Capital to Net Assets Ratio by Year (2017–2024)
Harmony Gold Mining Company Limited working capital to net assets ratio by year from 2017 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Harmony Gold Mining Company Limited from 2017 to 2024, covering 8 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 Harmony Gold Mining Company Limited.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 10.1% | €4.14 Billion | €40.95 Billion | €11.50 Billion | €7.36 Billion | ▲ +4.9 pp |
| 2023 | 5.2% | €1.81 Billion | €34.88 Billion | €8.68 Billion | €6.87 Billion | ▼ -3.2 pp |
| 2022 | 8.4% | €2.52 Billion | €30.12 Billion | €7.49 Billion | €4.97 Billion | ▼ -1.1 pp |
| 2021 | 9.5% | €3.00 Billion | €31.68 Billion | €8.55 Billion | €5.55 Billion | ▼ -1.7 pp |
| 2020 | 11.1% | €2.61 Billion | €23.38 Billion | €10.17 Billion | €7.56 Billion | ▲ +6.1 pp |
| 2019 | 5.1% | €1.14 Billion | €22.61 Billion | €4.38 Billion | €3.23 Billion | ▲ +2.8 pp |
| 2018 | 2.3% | €582.00 Million | €25.32 Billion | €4.18 Billion | €3.60 Billion | ▼ -1.5 pp |
| 2017 | 3.8% | €1.09 Billion | €29.08 Billion | €4.93 Billion | €3.84 Billion | — |