Exxaro Resources Ltd (EXX) — Working Capital to Net Assets Ratio
Exxaro Resources Ltd (EXX) has a Working Capital to Net Assets ratio of 36.9% as of December 2025. Working capital of ZAC26.26 Billion (current assets of ZAC32.66 Billion minus current liabilities of ZAC6.41 Billion) is measured against net assets of ZAC71.25 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Exxaro Resources Ltd (EXX) flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Exxaro Resources Ltd Working Capital to Net Assets (2004–2025)
This chart shows how Exxaro Resources Ltd's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2004 to 2025. As of December 2025, the ratio stands at 36.9%, reflecting working capital of ZAC26.26 Billion against net assets of ZAC71.25 Billion ZAC. See how many days can Exxaro Resources Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Exxaro Resources Ltd (2004–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Exxaro Resources Ltd from 2004 to 2025, covering 22 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 how much is Exxaro Resources Ltd worth.
| Year | WC/NA Ratio | Working Capital (ZAC) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 36.9% | ZAC26.26 Billion | ZAC71.25 Billion | ZAC32.66 Billion | ZAC6.41 Billion | ▲ +4.6 pp |
| 2024 | 32.2% | ZAC22.10 Billion | ZAC68.55 Billion | ZAC27.92 Billion | ZAC5.82 Billion | ▲ +1.4 pp |
| 2023 | 30.8% | ZAC20.48 Billion | ZAC66.41 Billion | ZAC26.70 Billion | ZAC6.22 Billion | ▲ +2.8 pp |
| 2022 | 28.1% | ZAC16.67 Billion | ZAC59.38 Billion | ZAC21.86 Billion | ZAC5.19 Billion | ▲ +12.5 pp |
| 2021 | 15.5% | ZAC7.78 Billion | ZAC50.10 Billion | ZAC12.56 Billion | ZAC4.78 Billion | ▲ +17.6 pp |
| 2020 | -2.1% | ZAC-999.00 Million | ZAC48.12 Billion | ZAC9.24 Billion | ZAC10.24 Billion | ▼ -11.9 pp |
| 2019 | 9.8% | ZAC4.22 Billion | ZAC42.89 Billion | ZAC9.40 Billion | ZAC5.18 Billion | ▲ +6.2 pp |
| 2018 | 3.7% | ZAC1.50 Billion | ZAC41.15 Billion | ZAC8.33 Billion | ZAC6.82 Billion | ▼ -14.2 pp |
| 2017 | 17.9% | ZAC7.03 Billion | ZAC39.37 Billion | ZAC11.16 Billion | ZAC4.13 Billion | ▲ +10.6 pp |
| 2016 | 7.3% | ZAC2.56 Billion | ZAC35.09 Billion | ZAC10.02 Billion | ZAC7.46 Billion | ▲ +3.3 pp |
| 2015 | 4.0% | ZAC1.36 Billion | ZAC34.23 Billion | ZAC6.02 Billion | ZAC4.66 Billion | ▼ -2.1 pp |
| 2014 | 6.1% | ZAC2.10 Billion | ZAC34.42 Billion | ZAC5.69 Billion | ZAC3.59 Billion | ▲ +4.4 pp |
| 2013 | 1.7% | ZAC631.00 Million | ZAC36.27 Billion | ZAC4.48 Billion | ZAC3.85 Billion | ▲ +2.5 pp |
| 2012 | -0.8% | ZAC-222.00 Million | ZAC28.81 Billion | ZAC4.97 Billion | ZAC5.19 Billion | ▼ -1.3 pp |
| 2011 | 0.5% | ZAC121.00 Million | ZAC23.61 Billion | ZAC4.52 Billion | ZAC4.40 Billion | ▼ -29.1 pp |
| 2010 | 29.7% | ZAC5.16 Billion | ZAC17.41 Billion | ZAC9.12 Billion | ZAC3.95 Billion | ▼ -3.9 pp |
| 2009 | 33.6% | ZAC4.33 Billion | ZAC12.91 Billion | ZAC7.33 Billion | ZAC3.00 Billion | ▲ +4.2 pp |
| 2008 | 29.3% | ZAC3.85 Billion | ZAC13.12 Billion | ZAC7.18 Billion | ZAC3.33 Billion | ▲ +2.6 pp |
| 2007 | 26.7% | ZAC2.62 Billion | ZAC9.82 Billion | ZAC4.31 Billion | ZAC1.69 Billion | ▲ +3.2 pp |
| 2006 | 23.6% | ZAC1.93 Billion | ZAC8.17 Billion | ZAC3.96 Billion | ZAC2.04 Billion | ▼ -2.8 pp |
| 2005 | 26.3% | ZAC1.95 Billion | ZAC7.39 Billion | ZAC5.04 Billion | ZAC3.10 Billion | ▼ -3.1 pp |
| 2004 | 29.5% | ZAC1.90 Billion | ZAC6.46 Billion | ZAC4.00 Billion | ZAC2.10 Billion | — |