West African Resources Limited (W25) — Working Capital to Net Assets Ratio
West African Resources Limited (W25) has a Working Capital to Net Assets ratio of 28.5% as of December 2025. Working capital of €500.60 Million (current assets of €991.50 Million minus current liabilities of €490.90 Million) is measured against net assets of €1.76 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of West African Resources Limited to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
West African Resources Limited Working Capital to Net Assets (2016–2025)
This chart shows how West African Resources Limited's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2016 to 2025. As of December 2025, the ratio stands at 28.5%, reflecting working capital of €500.60 Million against net assets of €1.76 Billion EUR. Check tangible net worth ratio of West African Resources Limited to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for West African Resources Limited (2016–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for West African Resources Limited from 2016 to 2025, 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 live market cap and the full company profile, see W25 market cap.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 28.5% | €500.60 Million | €1.76 Billion | €991.50 Million | €490.90 Million | ▼ -6.1 pp |
| 2024 | 34.6% | €454.26 Million | €1.31 Billion | €649.23 Million | €194.98 Million | ▼ -3.6 pp |
| 2023 | 38.1% | €345.54 Million | €905.83 Million | €474.19 Million | €128.65 Million | ▲ +10.1 pp |
| 2022 | 28.0% | €207.49 Million | €740.57 Million | €295.06 Million | €87.58 Million | ▲ +11.9 pp |
| 2021 | 16.1% | €89.23 Million | €554.41 Million | €286.52 Million | €197.29 Million | ▲ +46.8 pp |
| 2020 | -30.7% | €-52.85 Million | €172.26 Million | €169.65 Million | €222.50 Million | ▼ -124.1 pp |
| 2019 | 93.4% | €69.34 Million | €74.23 Million | €85.12 Million | €15.78 Million | ▼ -5.2 pp |
| 2016 | 98.6% | €8.95 Million | €9.08 Million | €10.93 Million | €1.97 Million | — |