African Dawn Capital Ltd Working Capital to Net Assets Ratio
African Dawn Capital Ltd working capital to net assets ratio. African Dawn Capital Ltd (ADW) has a Working Capital to Net Assets ratio of 53.8% as of August 2024. Working capital of ZAC-33.92 Million (current assets of ZAC7.70 Million minus current liabilities of ZAC41.62 Million) is measured against net assets of ZAC-63.01 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check how tangible is African Dawn Capital Ltd's equity 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 African Dawn Capital Ltd (2004–2024)
Working capital to net assets ratio of African Dawn Capital Ltd from 2004 to 2024. This chart shows how African Dawn Capital Ltd's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2004 to 2024. As of August 2024, the ratio stands at 53.8%, reflecting working capital of ZAC-33.92 Million against net assets of ZAC-63.01 Million ZAC. See operational self-sufficiency of African Dawn Capital Ltd to measure how many days the company can operate on defensive assets alone.
African Dawn Capital Ltd Working Capital to Net Assets Ratio by Year (2004–2024)
African Dawn Capital Ltd working capital to net assets ratio by year from 2004 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for African Dawn Capital Ltd from 2004 to 2024, covering 21 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 ADW total assets.
| Year | WC/NA Ratio | Working Capital (ZAC) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 58.1% | ZAC-31.52 Million | ZAC-54.23 Million | ZAC10.23 Million | ZAC41.75 Million | ▼ -0.7 pp |
| 2023 | 58.8% | ZAC-24.13 Million | ZAC-41.01 Million | ZAC12.38 Million | ZAC36.51 Million | ▲ +71.4 pp |
| 2022 | -12.6% | ZAC3.37 Million | ZAC-26.77 Million | ZAC14.70 Million | ZAC11.33 Million | ▼ -10.3 pp |
| 2021 | -2.2% | ZAC312.00K | ZAC-13.87 Million | ZAC9.23 Million | ZAC8.92 Million | ▲ +20.8 pp |
| 2020 | -23.1% | ZAC669.00K | ZAC-2.90 Million | ZAC9.57 Million | ZAC8.90 Million | ▼ -116.0 pp |
| 2019 | 93.0% | ZAC6.16 Million | ZAC6.62 Million | ZAC17.77 Million | ZAC11.62 Million | ▼ -40.6 pp |
| 2018 | 133.5% | ZAC10.69 Million | ZAC8.00 Million | ZAC23.28 Million | ZAC12.59 Million | ▲ +59.5 pp |
| 2017 | 74.0% | ZAC7.63 Million | ZAC10.31 Million | ZAC49.03 Million | ZAC41.40 Million | ▼ -1.4 pp |
| 2016 | 75.4% | ZAC16.96 Million | ZAC22.50 Million | ZAC57.55 Million | ZAC40.58 Million | ▼ -27.2 pp |
| 2015 | 102.6% | ZAC30.18 Million | ZAC29.41 Million | ZAC78.92 Million | ZAC48.75 Million | ▲ +72.8 pp |
| 2014 | 29.8% | ZAC12.93 Million | ZAC43.41 Million | ZAC45.42 Million | ZAC32.49 Million | ▼ -94.3 pp |
| 2013 | 124.1% | ZAC78.47 Million | ZAC63.25 Million | ZAC114.08 Million | ZAC35.61 Million | ▼ -6.8 pp |
| 2012 | 130.9% | ZAC85.53 Million | ZAC65.36 Million | ZAC120.85 Million | ZAC35.32 Million | ▲ +4.1 pp |
| 2011 | 126.7% | ZAC33.05 Million | ZAC26.08 Million | ZAC124.24 Million | ZAC91.19 Million | ▼ -32.2 pp |
| 2010 | 159.0% | ZAC37.63 Million | ZAC23.67 Million | ZAC125.34 Million | ZAC87.71 Million | ▲ +56.9 pp |
| 2009 | 102.0% | ZAC566.08 Million | ZAC554.87 Million | ZAC792.25 Million | ZAC226.18 Million | ▲ +43.4 pp |
| 2008 | 58.6% | ZAC103.48 Million | ZAC176.60 Million | ZAC254.33 Million | ZAC150.84 Million | ▼ -21.0 pp |
| 2007 | 79.6% | ZAC81.72 Million | ZAC102.69 Million | ZAC101.13 Million | ZAC19.41 Million | ▲ +42.8 pp |
| 2006 | 36.8% | ZAC11.33 Million | ZAC30.80 Million | ZAC20.21 Million | ZAC8.88 Million | ▼ -44.9 pp |
| 2005 | 81.6% | ZAC6.71 Million | ZAC8.22 Million | ZAC10.52 Million | ZAC3.80 Million | ▼ -61.6 pp |
| 2004 | 143.3% | ZAC7.84 Million | ZAC5.47 Million | ZAC9.95 Million | ZAC2.12 Million | — |