Master Drilling Group Ltd (MDI) — Working Capital to Net Assets Ratio
Master Drilling Group Ltd (MDI) has a Working Capital to Net Assets ratio of 32.7% as of December 2025. Working capital of ZAC79.16 Million (current assets of ZAC193.22 Million minus current liabilities of ZAC114.06 Million) is measured against net assets of ZAC241.85 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Master Drilling Group Ltd balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Master Drilling Group Ltd Working Capital to Net Assets (2012–2025)
This chart shows how Master Drilling Group Ltd's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of December 2025, the ratio stands at 32.7%, reflecting working capital of ZAC79.16 Million against net assets of ZAC241.85 Million ZAC. Check tangible equity quality of Master Drilling Group Ltd to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Master Drilling Group Ltd (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Master Drilling Group Ltd from 2012 to 2025, covering 14 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 Master Drilling Group Ltd.
| Year | WC/NA Ratio | Working Capital (ZAC) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 32.6% | ZAC79.16 Million | ZAC242.97 Million | ZAC193.22 Million | ZAC114.06 Million | ▲ +18.5 pp |
| 2024 | 14.0% | ZAC29.69 Million | ZAC211.47 Million | ZAC163.50 Million | ZAC133.80 Million | ▼ -20.7 pp |
| 2023 | 34.7% | ZAC72.60 Million | ZAC208.98 Million | ZAC157.70 Million | ZAC85.10 Million | ▼ -7.0 pp |
| 2022 | 41.7% | ZAC78.86 Million | ZAC189.13 Million | ZAC161.57 Million | ZAC82.71 Million | ▲ +24.3 pp |
| 2021 | 17.4% | ZAC32.45 Million | ZAC186.37 Million | ZAC117.31 Million | ZAC84.87 Million | ▼ -10.9 pp |
| 2020 | 28.3% | ZAC49.83 Million | ZAC176.15 Million | ZAC98.45 Million | ZAC48.63 Million | ▼ -3.3 pp |
| 2019 | 31.6% | ZAC55.29 Million | ZAC175.13 Million | ZAC99.52 Million | ZAC44.23 Million | ▼ -9.6 pp |
| 2018 | 41.2% | ZAC67.60 Million | ZAC164.04 Million | ZAC108.66 Million | ZAC41.06 Million | ▼ -5.4 pp |
| 2017 | 46.6% | ZAC75.17 Million | ZAC161.32 Million | ZAC103.66 Million | ZAC28.49 Million | ▲ +13.0 pp |
| 2016 | 33.6% | ZAC49.15 Million | ZAC146.32 Million | ZAC86.42 Million | ZAC37.27 Million | ▼ -0.7 pp |
| 2015 | 34.3% | ZAC40.52 Million | ZAC118.27 Million | ZAC72.68 Million | ZAC32.16 Million | ▲ +11.2 pp |
| 2014 | 23.1% | ZAC26.70 Million | ZAC115.68 Million | ZAC60.58 Million | ZAC33.88 Million | ▼ -0.6 pp |
| 2013 | 23.7% | ZAC25.17 Million | ZAC106.12 Million | ZAC60.46 Million | ZAC35.29 Million | ▼ -16.2 pp |
| 2012 | 40.0% | ZAC38.56 Million | ZAC96.47 Million | ZAC89.21 Million | ZAC50.66 Million | — |