Bell Equipment Limited Working Capital to Net Assets Ratio
Bell Equipment Limited working capital to net assets ratio. Bell Equipment Limited (BEL) has a Working Capital to Net Assets ratio of 81.2% as of June 2025. Working capital of ZAC4.79 Billion (current assets of ZAC7.12 Billion minus current liabilities of ZAC2.33 Billion) is measured against net assets of ZAC5.90 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Bell Equipment Limited (2002–2024)
Working capital to net assets ratio of Bell Equipment Limited from 2002 to 2024. This chart shows how Bell Equipment Limited's Working Capital to Net Assets ratio has evolved across 23 annual periods from 2002 to 2024. As of June 2025, the ratio stands at 81.2%, reflecting working capital of ZAC4.79 Billion against net assets of ZAC5.90 Billion ZAC. Explore Bell Equipment Limited (BEL) long-term investment share to see how much of total assets are deployed in long-term investments.
Bell Equipment Limited Working Capital to Net Assets Ratio by Year (2002–2024)
Bell Equipment Limited working capital to net assets ratio by year from 2002 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Bell Equipment Limited from 2002 to 2024, covering 23 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 total assets of Bell Equipment Limited.
| Year | WC/NA Ratio | Working Capital (ZAC) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 81.2% | ZAC4.61 Billion | ZAC5.68 Billion | ZAC7.05 Billion | ZAC2.45 Billion | ▼ 0.0 pp |
| 2023 | 81.2% | ZAC4.29 Billion | ZAC5.29 Billion | ZAC8.51 Billion | ZAC4.22 Billion | ▲ +4.6 pp |
| 2022 | 76.6% | ZAC3.34 Billion | ZAC4.37 Billion | ZAC6.76 Billion | ZAC3.41 Billion | ▲ +5.3 pp |
| 2021 | 71.2% | ZAC2.75 Billion | ZAC3.86 Billion | ZAC5.13 Billion | ZAC2.38 Billion | ▲ +2.2 pp |
| 2020 | 69.0% | ZAC2.42 Billion | ZAC3.50 Billion | ZAC4.79 Billion | ZAC2.38 Billion | ▲ +0.0 pp |
| 2019 | 69.0% | ZAC2.37 Billion | ZAC3.44 Billion | ZAC5.40 Billion | ZAC3.03 Billion | ▼ -9.1 pp |
| 2018 | 78.1% | ZAC2.63 Billion | ZAC3.37 Billion | ZAC5.18 Billion | ZAC2.55 Billion | ▲ +3.5 pp |
| 2017 | 74.6% | ZAC2.23 Billion | ZAC2.99 Billion | ZAC4.25 Billion | ZAC2.02 Billion | ▲ +0.2 pp |
| 2016 | 74.3% | ZAC2.05 Billion | ZAC2.76 Billion | ZAC3.48 Billion | ZAC1.43 Billion | ▼ -1.0 pp |
| 2015 | 75.4% | ZAC2.26 Billion | ZAC3.00 Billion | ZAC3.83 Billion | ZAC1.56 Billion | ▲ +6.8 pp |
| 2014 | 68.6% | ZAC1.74 Billion | ZAC2.54 Billion | ZAC3.48 Billion | ZAC1.74 Billion | ▼ -2.9 pp |
| 2013 | 71.5% | ZAC1.78 Billion | ZAC2.49 Billion | ZAC3.80 Billion | ZAC2.02 Billion | ▼ -4.8 pp |
| 2012 | 76.3% | ZAC1.58 Billion | ZAC2.07 Billion | ZAC2.72 Billion | ZAC1.14 Billion | ▼ -4.7 pp |
| 2011 | 81.0% | ZAC1.44 Billion | ZAC1.78 Billion | ZAC3.13 Billion | ZAC1.69 Billion | ▲ +14.7 pp |
| 2010 | 66.3% | ZAC940.78 Million | ZAC1.42 Billion | ZAC1.91 Billion | ZAC971.03 Million | ▼ -3.9 pp |
| 2009 | 70.2% | ZAC996.64 Million | ZAC1.42 Billion | ZAC2.13 Billion | ZAC1.13 Billion | ▼ -7.7 pp |
| 2008 | 77.9% | ZAC1.38 Billion | ZAC1.77 Billion | ZAC3.26 Billion | ZAC1.88 Billion | ▼ -3.4 pp |
| 2007 | 81.3% | ZAC1.12 Billion | ZAC1.38 Billion | ZAC2.41 Billion | ZAC1.29 Billion | ▲ +3.2 pp |
| 2006 | 78.0% | ZAC744.97 Million | ZAC954.91 Million | ZAC1.67 Billion | ZAC928.97 Million | ▲ +7.5 pp |
| 2005 | 70.5% | ZAC492.89 Million | ZAC699.26 Million | ZAC1.35 Billion | ZAC852.95 Million | ▲ +1.3 pp |
| 2004 | 69.2% | ZAC484.43 Million | ZAC700.12 Million | ZAC1.33 Billion | ZAC843.57 Million | ▼ -2.9 pp |
| 2003 | 72.1% | ZAC512.78 Million | ZAC711.26 Million | ZAC1.17 Billion | ZAC658.18 Million | ▼ -4.0 pp |
| 2002 | 76.1% | ZAC545.88 Million | ZAC717.69 Million | ZAC1.15 Billion | ZAC599.17 Million | — |