AngloGold Ashanti Ltd (ANG) — Working Capital to Net Assets Ratio
AngloGold Ashanti Ltd (ANG) has a Working Capital to Net Assets ratio of 26.6% as of June 2026. Working capital of ZAC2.85 Billion (current assets of ZAC4.53 Billion minus current liabilities of ZAC1.67 Billion) is measured against net assets of ZAC10.74 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can AngloGold Ashanti Ltd fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
AngloGold Ashanti Ltd Working Capital to Net Assets (1997–2025)
This chart shows how AngloGold Ashanti Ltd's Working Capital to Net Assets ratio has evolved across 29 annual periods from 1997 to 2025. As of June 2026, the ratio stands at 26.6%, reflecting working capital of ZAC2.85 Billion against net assets of ZAC10.74 Billion ZAC. For the complete balance sheet picture, see balance sheet size of AngloGold Ashanti Ltd.
Annual Working Capital to Net Assets for AngloGold Ashanti Ltd (1997–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for AngloGold Ashanti Ltd from 1997 to 2025, covering 29 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. Check ANG asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (ZAC) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 30.5% | ZAC3.03 Billion | ZAC9.92 Billion | ZAC4.65 Billion | ZAC1.62 Billion | ▲ +10.5 pp |
| 2024 | 20.1% | ZAC1.71 Billion | ZAC8.51 Billion | ZAC3.15 Billion | ZAC1.44 Billion | ▼ -5.8 pp |
| 2023 | 25.9% | ZAC969.00 Million | ZAC3.74 Billion | ZAC2.17 Billion | ZAC1.21 Billion | ▼ -5.0 pp |
| 2022 | 30.9% | ZAC1.26 Billion | ZAC4.08 Billion | ZAC2.15 Billion | ZAC884.00 Million | ▼ -1.1 pp |
| 2021 | 32.0% | ZAC1.31 Billion | ZAC4.10 Billion | ZAC2.14 Billion | ZAC827.00 Million | ▼ -4.7 pp |
| 2020 | 36.8% | ZAC1.38 Billion | ZAC3.74 Billion | ZAC2.33 Billion | ZAC959.00 Million | ▲ +26.6 pp |
| 2019 | 10.2% | ZAC273.00 Million | ZAC2.68 Billion | ZAC1.98 Billion | ZAC1.71 Billion | ▼ -5.9 pp |
| 2018 | 16.1% | ZAC434.00 Million | ZAC2.69 Billion | ZAC1.23 Billion | ZAC793.00 Million | ▼ -7.5 pp |
| 2017 | 23.6% | ZAC638.00 Million | ZAC2.70 Billion | ZAC1.49 Billion | ZAC855.00 Million | ▲ +8.9 pp |
| 2016 | 14.7% | ZAC406.00 Million | ZAC2.75 Billion | ZAC1.17 Billion | ZAC760.00 Million | ▼ -11.3 pp |
| 2015 | 26.1% | ZAC643.00 Million | ZAC2.47 Billion | ZAC1.35 Billion | ZAC707.00 Million | ▲ +2.9 pp |
| 2014 | 23.2% | ZAC665.00 Million | ZAC2.87 Billion | ZAC1.65 Billion | ZAC984.00 Million | ▼ -10.1 pp |
| 2013 | 33.3% | ZAC1.03 Billion | ZAC3.11 Billion | ZAC2.27 Billion | ZAC1.24 Billion | ▲ +21.4 pp |
| 2012 | 11.9% | ZAC654.00 Million | ZAC5.49 Billion | ZAC2.61 Billion | ZAC1.96 Billion | ▼ -20.0 pp |
| 2011 | 31.9% | ZAC1.64 Billion | ZAC5.15 Billion | ZAC2.57 Billion | ZAC933.89 Million | ▲ +13.6 pp |
| 2010 | 18.2% | ZAC749.00 Million | ZAC4.11 Billion | ZAC1.72 Billion | ZAC974.00 Million | ▲ +87.3 pp |
| 2009 | -69.1% | ZAC-2.11 Billion | ZAC3.05 Billion | ZAC2.48 Billion | ZAC4.58 Billion | ▼ -12.3 pp |
| 2008 | -56.8% | ZAC-1.43 Billion | ZAC2.51 Billion | ZAC2.01 Billion | ZAC3.43 Billion | ▲ +7.6 pp |
| 2007 | -64.3% | ZAC-1.68 Billion | ZAC2.62 Billion | ZAC2.11 Billion | ZAC3.79 Billion | ▼ -46.8 pp |
| 2006 | -17.5% | ZAC-591.00 Million | ZAC3.37 Billion | ZAC1.88 Billion | ZAC2.47 Billion | ▼ -2.9 pp |
| 2005 | -14.7% | ZAC-473.00 Million | ZAC3.22 Billion | ZAC1.40 Billion | ZAC1.87 Billion | ▼ -19.1 pp |
| 2004 | 4.4% | ZAC144.00 Million | ZAC3.29 Billion | ZAC1.53 Billion | ZAC1.39 Billion | ▼ -5.4 pp |
| 2003 | 9.8% | ZAC208.00 Million | ZAC2.12 Billion | ZAC1.41 Billion | ZAC1.20 Billion | ▼ -3.0 pp |
| 2002 | 12.8% | ZAC239.00 Million | ZAC1.86 Billion | ZAC1.04 Billion | ZAC799.00 Million | ▲ +59.8 pp |
| 2001 | -47.0% | ZAC-539.00 Million | ZAC1.15 Billion | ZAC762.00 Million | ZAC1.30 Billion | ▼ -37.2 pp |
| 2000 | -9.8% | ZAC-145.00 Million | ZAC1.48 Billion | ZAC637.00 Million | ZAC782.00 Million | ▼ -20.6 pp |
| 1999 | 10.8% | ZAC183.20 Million | ZAC1.70 Billion | ZAC926.60 Million | ZAC743.40 Million | ▲ +5.5 pp |
| 1998 | 5.3% | ZAC61.10 Million | ZAC1.16 Billion | ZAC486.90 Million | ZAC425.80 Million | ▲ +7.7 pp |
| 1997 | -2.4% | ZAC-9.70 Million | ZAC404.00 Million | ZAC161.90 Million | ZAC171.60 Million | — |