Kumba Iron Ore Ltd (KIO) — Working Capital to Net Assets Ratio
Kumba Iron Ore Ltd (KIO) has a Working Capital to Net Assets ratio of 26.3% as of December 2025. Working capital of ZAC18.93 Billion (current assets of ZAC31.92 Billion minus current liabilities of ZAC12.98 Billion) is measured against net assets of ZAC72.01 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Kumba Iron Ore Ltd free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Kumba Iron Ore Ltd Working Capital to Net Assets (2004–2025)
This chart shows how Kumba Iron Ore 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 26.3%, reflecting working capital of ZAC18.93 Billion against net assets of ZAC72.01 Billion ZAC. See KIO defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Kumba Iron Ore Ltd (2004–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Kumba Iron Ore 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 Kumba Iron Ore Ltd (KIO) market capitalisation.
| Year | WC/NA Ratio | Working Capital (ZAC) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 26.3% | ZAC18.93 Billion | ZAC72.01 Billion | ZAC31.92 Billion | ZAC12.98 Billion | ▼ -3.7 pp |
| 2024 | 30.0% | ZAC20.78 Billion | ZAC69.30 Billion | ZAC32.86 Billion | ZAC12.08 Billion | ▼ -6.3 pp |
| 2023 | 36.3% | ZAC24.74 Billion | ZAC68.22 Billion | ZAC39.50 Billion | ZAC14.76 Billion | ▲ +7.6 pp |
| 2022 | 28.6% | ZAC15.42 Billion | ZAC53.82 Billion | ZAC30.87 Billion | ZAC15.46 Billion | ▼ -10.4 pp |
| 2021 | 39.1% | ZAC22.84 Billion | ZAC58.46 Billion | ZAC32.87 Billion | ZAC10.03 Billion | ▼ -8.4 pp |
| 2020 | 47.5% | ZAC29.52 Billion | ZAC62.19 Billion | ZAC37.32 Billion | ZAC7.80 Billion | ▲ +14.1 pp |
| 2019 | 33.4% | ZAC15.86 Billion | ZAC47.52 Billion | ZAC22.96 Billion | ZAC7.11 Billion | ▼ -1.8 pp |
| 2018 | 35.2% | ZAC16.26 Billion | ZAC46.19 Billion | ZAC22.08 Billion | ZAC5.82 Billion | ▲ +0.8 pp |
| 2017 | 34.4% | ZAC15.68 Billion | ZAC45.55 Billion | ZAC21.88 Billion | ZAC6.20 Billion | ▼ -5.8 pp |
| 2016 | 40.3% | ZAC14.71 Billion | ZAC36.54 Billion | ZAC21.46 Billion | ZAC6.75 Billion | ▲ +12.8 pp |
| 2015 | 27.5% | ZAC6.92 Billion | ZAC25.17 Billion | ZAC11.87 Billion | ZAC4.95 Billion | ▲ +21.2 pp |
| 2014 | 6.3% | ZAC1.70 Billion | ZAC27.00 Billion | ZAC11.43 Billion | ZAC9.73 Billion | ▼ -19.2 pp |
| 2013 | 25.5% | ZAC6.92 Billion | ZAC27.18 Billion | ZAC12.35 Billion | ZAC5.42 Billion | ▲ +3.9 pp |
| 2012 | 21.5% | ZAC4.16 Billion | ZAC19.31 Billion | ZAC10.07 Billion | ZAC5.91 Billion | ▲ +1.2 pp |
| 2011 | 20.4% | ZAC4.20 Billion | ZAC20.59 Billion | ZAC12.18 Billion | ZAC7.98 Billion | ▼ -21.6 pp |
| 2010 | 41.9% | ZAC7.71 Billion | ZAC18.38 Billion | ZAC11.08 Billion | ZAC3.37 Billion | ▲ +2.5 pp |
| 2009 | 39.5% | ZAC3.53 Billion | ZAC8.96 Billion | ZAC5.78 Billion | ZAC2.24 Billion | ▼ -3.5 pp |
| 2008 | 42.9% | ZAC3.65 Billion | ZAC8.51 Billion | ZAC8.50 Billion | ZAC4.85 Billion | ▲ +37.4 pp |
| 2007 | 5.5% | ZAC181.00 Million | ZAC3.29 Billion | ZAC3.79 Billion | ZAC3.61 Billion | ▼ -42.9 pp |
| 2006 | 48.4% | ZAC511.00 Million | ZAC1.05 Billion | ZAC2.85 Billion | ZAC2.34 Billion | ▲ +34.7 pp |
| 2005 | 13.8% | ZAC489.00 Million | ZAC3.55 Billion | ZAC2.10 Billion | ZAC1.61 Billion | ▼ -38.3 pp |
| 2004 | 52.0% | ZAC838.00 Million | ZAC1.61 Billion | ZAC1.77 Billion | ZAC929.00 Million | — |