VOLT RESOURCES LTD (R8L) — Working Capital to Net Assets Ratio
VOLT RESOURCES LTD (R8L) has a Working Capital to Net Assets ratio of -86.8% as of June 2024. Working capital of €-12.11 Million (current assets of €133.03K minus current liabilities of €12.24 Million) is measured against net assets of €13.95 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See VOLT RESOURCES LTD balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
VOLT RESOURCES LTD Working Capital to Net Assets (2021–2024)
This chart shows how VOLT 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 -86.8%, reflecting working capital of €-12.11 Million against net assets of €13.95 Million EUR. Check how tangible is VOLT RESOURCES LTD's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for VOLT RESOURCES LTD (2021–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for VOLT 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 VOLT RESOURCES LTD (R8L) market capitalisation.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -86.8% | €-12.11 Million | €13.95 Million | €133.03K | €12.24 Million | ▼ -29.1 pp |
| 2023 | -57.8% | €-9.19 Million | €15.91 Million | €3.20 Million | €12.39 Million | ▼ -31.5 pp |
| 2022 | -26.2% | €-5.85 Million | €22.33 Million | €478.27K | €6.33 Million | ▼ -25.8 pp |
| 2021 | -0.4% | €-105.88K | €26.18 Million | €467.56K | €573.45K | — |