VOLT RESOURCES LTD Working Capital to Net Assets Ratio
VOLT RESOURCES LTD 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. Check VOLT RESOURCES LTD tangible equity quality 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 VOLT RESOURCES LTD (2021–2024)
Working capital to net assets ratio of VOLT RESOURCES LTD from 2021 to 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. Read debt load of VOLT RESOURCES LTD for a breakdown of total debt and financial obligations.
VOLT RESOURCES LTD Working Capital to Net Assets Ratio by Year (2021–2024)
VOLT RESOURCES LTD working capital to net assets ratio by year from 2021 to 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 the complete balance sheet picture, see VOLT RESOURCES LTD (R8L) total assets.
| 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 | — |