Merafe Working Capital to Net Assets Ratio
Merafe working capital to net assets ratio. Merafe (MRF) has a Working Capital to Net Assets ratio of 81.8% as of June 2025. Working capital of ZAC4.02 Billion (current assets of ZAC4.76 Billion minus current liabilities of ZAC744.66 Million) is measured against net assets of ZAC4.91 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 Merafe (2001–2024)
Working capital to net assets ratio of Merafe from 2001 to 2024. This chart shows how Merafe's Working Capital to Net Assets ratio has evolved across 24 annual periods from 2001 to 2024. As of June 2025, the ratio stands at 81.8%, reflecting working capital of ZAC4.02 Billion against net assets of ZAC4.91 Billion ZAC. See Merafe (MRF) liquidity interval to measure how many days the company can operate on defensive assets alone.
Merafe Working Capital to Net Assets Ratio by Year (2001–2024)
Merafe working capital to net assets ratio by year from 2001 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Merafe from 2001 to 2024, covering 24 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 how large is Merafe's balance sheet.
| Year | WC/NA Ratio | Working Capital (ZAC) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 81.1% | ZAC3.96 Billion | ZAC4.88 Billion | ZAC4.88 Billion | ZAC925.70 Million | ▲ +1.1 pp |
| 2023 | 80.1% | ZAC4.21 Billion | ZAC5.26 Billion | ZAC5.18 Billion | ZAC971.35 Million | ▼ -2.6 pp |
| 2022 | 82.6% | ZAC3.58 Billion | ZAC4.33 Billion | ZAC4.51 Billion | ZAC932.40 Million | ▼ -4.6 pp |
| 2021 | 87.2% | ZAC3.29 Billion | ZAC3.77 Billion | ZAC4.18 Billion | ZAC892.40 Million | ▲ +0.8 pp |
| 2020 | 86.3% | ZAC1.97 Billion | ZAC2.28 Billion | ZAC2.61 Billion | ZAC643.61 Million | ▲ +13.5 pp |
| 2019 | 72.9% | ZAC2.46 Billion | ZAC3.38 Billion | ZAC3.06 Billion | ZAC594.02 Million | ▲ +17.2 pp |
| 2018 | 55.6% | ZAC2.72 Billion | ZAC4.89 Billion | ZAC3.27 Billion | ZAC550.40 Million | ▲ +3.5 pp |
| 2017 | 52.1% | ZAC2.42 Billion | ZAC4.64 Billion | ZAC3.05 Billion | ZAC635.45 Million | ▲ +5.5 pp |
| 2016 | 46.6% | ZAC1.82 Billion | ZAC3.90 Billion | ZAC2.71 Billion | ZAC889.86 Million | ▲ +1.7 pp |
| 2015 | 45.0% | ZAC1.54 Billion | ZAC3.41 Billion | ZAC2.10 Billion | ZAC563.94 Million | ▲ +5.4 pp |
| 2014 | 39.6% | ZAC1.24 Billion | ZAC3.12 Billion | ZAC2.15 Billion | ZAC911.49 Million | ▲ +0.6 pp |
| 2013 | 39.0% | ZAC1.14 Billion | ZAC2.93 Billion | ZAC1.90 Billion | ZAC763.91 Million | ▼ -4.1 pp |
| 2012 | 43.0% | ZAC1.17 Billion | ZAC2.71 Billion | ZAC1.61 Billion | ZAC449.55 Million | ▼ -0.4 pp |
| 2011 | 43.4% | ZAC1.15 Billion | ZAC2.66 Billion | ZAC1.55 Billion | ZAC396.09 Million | ▼ -3.4 pp |
| 2010 | 46.8% | ZAC1.20 Billion | ZAC2.58 Billion | ZAC1.63 Billion | ZAC420.84 Million | ▼ -3.2 pp |
| 2009 | 50.0% | ZAC1.17 Billion | ZAC2.33 Billion | ZAC1.45 Billion | ZAC288.21 Million | ▼ -9.0 pp |
| 2008 | 59.0% | ZAC1.46 Billion | ZAC2.48 Billion | ZAC1.89 Billion | ZAC429.88 Million | ▲ +48.2 pp |
| 2007 | 10.8% | ZAC155.83 Million | ZAC1.44 Billion | ZAC785.41 Million | ZAC629.58 Million | ▲ +7.6 pp |
| 2006 | 3.2% | ZAC35.83 Million | ZAC1.11 Billion | ZAC612.54 Million | ZAC576.71 Million | ▲ +24.6 pp |
| 2005 | -21.4% | ZAC-193.55 Million | ZAC904.87 Million | ZAC692.50 Million | ZAC886.05 Million | ▼ -13.3 pp |
| 2004 | -8.1% | ZAC-25.81 Million | ZAC319.03 Million | ZAC486.79 Million | ZAC512.60 Million | ▲ +35.0 pp |
| 2003 | -43.1% | ZAC-100.06 Million | ZAC231.96 Million | ZAC156.31 Million | ZAC256.37 Million | ▲ +3.7 pp |
| 2002 | -46.8% | ZAC-108.23 Million | ZAC231.10 Million | ZAC113.21 Million | ZAC221.44 Million | ▼ -47.0 pp |
| 2001 | 0.1% | ZAC515.28K | ZAC363.61 Million | ZAC93.96 Million | ZAC93.44 Million | — |