Argent (ART) — Working Capital to Net Assets Ratio
Argent (ART) has a Working Capital to Net Assets ratio of 54.6% as of September 2025. Working capital of ZAC1.09 Billion (current assets of ZAC1.81 Billion minus current liabilities of ZAC719.64 Million) is measured against net assets of ZAC2.00 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Argent (ART) financial flexibility to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Argent Working Capital to Net Assets (2003–2025)
This chart shows how Argent's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2003 to 2025. As of September 2025, the ratio stands at 54.6%, reflecting working capital of ZAC1.09 Billion against net assets of ZAC2.00 Billion ZAC. See ART defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Argent (2003–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Argent from 2003 to 2025, 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 live market cap and the full company profile, see market cap of Argent.
| Year | WC/NA Ratio | Working Capital (ZAC) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 53.9% | ZAC1.04 Billion | ZAC1.93 Billion | ZAC1.79 Billion | ZAC752.52 Million | ▼ -5.1 pp |
| 2024 | 59.0% | ZAC1.02 Billion | ZAC1.72 Billion | ZAC1.67 Billion | ZAC653.69 Million | ▲ +1.9 pp |
| 2023 | 57.2% | ZAC864.78 Million | ZAC1.51 Billion | ZAC1.36 Billion | ZAC490.25 Million | ▲ +4.7 pp |
| 2022 | 52.5% | ZAC670.27 Million | ZAC1.28 Billion | ZAC1.19 Billion | ZAC521.18 Million | ▲ +0.6 pp |
| 2021 | 51.9% | ZAC588.17 Million | ZAC1.13 Billion | ZAC943.54 Million | ZAC355.36 Million | ▼ -5.4 pp |
| 2020 | 57.3% | ZAC600.17 Million | ZAC1.05 Billion | ZAC837.57 Million | ZAC237.39 Million | ▲ +10.4 pp |
| 2019 | 46.9% | ZAC484.02 Million | ZAC1.03 Billion | ZAC776.09 Million | ZAC292.07 Million | ▼ -1.5 pp |
| 2018 | 48.4% | ZAC473.50 Million | ZAC978.53 Million | ZAC780.33 Million | ZAC306.82 Million | ▲ +8.8 pp |
| 2017 | 39.6% | ZAC490.40 Million | ZAC1.24 Billion | ZAC858.82 Million | ZAC368.42 Million | ▲ +0.6 pp |
| 2016 | 39.0% | ZAC467.97 Million | ZAC1.20 Billion | ZAC762.65 Million | ZAC294.68 Million | ▲ +9.9 pp |
| 2013 | 29.2% | ZAC396.36 Million | ZAC1.36 Billion | ZAC912.82 Million | ZAC516.46 Million | ▲ +0.2 pp |
| 2012 | 28.9% | ZAC380.20 Million | ZAC1.31 Billion | ZAC848.72 Million | ZAC468.52 Million | ▼ -2.1 pp |
| 2011 | 31.0% | ZAC400.71 Million | ZAC1.29 Billion | ZAC866.11 Million | ZAC465.40 Million | ▲ +5.8 pp |
| 2010 | 25.2% | ZAC316.01 Million | ZAC1.25 Billion | ZAC773.22 Million | ZAC457.21 Million | ▼ -12.3 pp |
| 2009 | 37.5% | ZAC472.76 Million | ZAC1.26 Billion | ZAC844.15 Million | ZAC371.38 Million | ▼ -2.7 pp |
| 2008 | 40.2% | ZAC441.65 Million | ZAC1.10 Billion | ZAC879.66 Million | ZAC438.01 Million | ▼ -0.8 pp |
| 2007 | 41.0% | ZAC302.71 Million | ZAC738.12 Million | ZAC634.63 Million | ZAC331.92 Million | ▼ -1.8 pp |
| 2006 | 42.8% | ZAC252.58 Million | ZAC589.55 Million | ZAC488.82 Million | ZAC236.24 Million | ▼ -13.2 pp |
| 2005 | 56.1% | ZAC218.21 Million | ZAC389.16 Million | ZAC410.11 Million | ZAC191.89 Million | ▲ +6.0 pp |
| 2004 | 50.1% | ZAC132.94 Million | ZAC265.48 Million | ZAC265.62 Million | ZAC132.67 Million | ▲ +9.5 pp |
| 2003 | 40.5% | ZAC84.05 Million | ZAC207.31 Million | ZAC275.38 Million | ZAC191.33 Million | — |