Carnavale Resources Limited Working Capital to Net Assets Ratio
Carnavale Resources Limited working capital to net assets ratio. Carnavale Resources Limited (YBB) has a Working Capital to Net Assets ratio of 9.7% as of June 2024. Working capital of €1.08 Million (current assets of €1.42 Million minus current liabilities of €338.19K) is measured against net assets of €11.15 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Carnavale Resources Limited tangible book value ratio 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 Carnavale Resources Limited (2014–2024)
Working capital to net assets ratio of Carnavale Resources Limited from 2014 to 2024. This chart shows how Carnavale Resources Limited's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2014 to 2024. As of June 2024, the ratio stands at 9.7%, reflecting working capital of €1.08 Million against net assets of €11.15 Million EUR. See Carnavale Resources Limited liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Carnavale Resources Limited Working Capital to Net Assets Ratio by Year (2014–2024)
Carnavale Resources Limited working capital to net assets ratio by year from 2014 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Carnavale Resources Limited from 2014 to 2024, covering 11 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 YBB current and non-current assets.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 9.7% | €1.08 Million | €11.15 Million | €1.42 Million | €338.19K | ▲ +1.6 pp |
| 2023 | 8.1% | €696.70K | €8.60 Million | €1.08 Million | €379.08K | ▼ -24.6 pp |
| 2022 | 32.7% | €2.93 Million | €8.97 Million | €3.46 Million | €527.02K | ▼ -16.5 pp |
| 2021 | 49.2% | €3.37 Million | €6.85 Million | €3.66 Million | €291.66K | ▼ -3.6 pp |
| 2020 | 52.8% | €1.15 Million | €2.18 Million | €1.23 Million | €76.61K | ▲ +64.6 pp |
| 2019 | -11.8% | €-253.56K | €2.15 Million | €210.32K | €463.89K | ▼ -102.1 pp |
| 2018 | 90.3% | €1.88 Million | €2.08 Million | €1.95 Million | €64.24K | ▲ +3.7 pp |
| 2017 | 86.6% | €1.39 Million | €1.61 Million | €1.43 Million | €42.15K | ▼ -11.2 pp |
| 2016 | 97.8% | €1.34 Million | €1.37 Million | €1.42 Million | €85.51K | ▲ +48.0 pp |
| 2015 | 49.7% | €1.27 Million | €2.56 Million | €1.32 Million | €47.93K | ▼ -49.4 pp |
| 2014 | 99.1% | €1.48 Million | €1.49 Million | €1.55 Million | €68.58K | — |