Nictus (NCS) — Working Capital to Net Assets Ratio
Nictus (NCS) has a Working Capital to Net Assets ratio of 79.2% as of September 2025. Working capital of ZAC118.99 Million (current assets of ZAC978.22 Million minus current liabilities of ZAC859.23 Million) is measured against net assets of ZAC150.22 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Nictus (NCS) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Nictus Working Capital to Net Assets (2009–2025)
This chart shows how Nictus's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2009 to 2025. As of September 2025, the ratio stands at 79.2%, reflecting working capital of ZAC118.99 Million against net assets of ZAC150.22 Million ZAC. Check NCS goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Nictus (2009–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Nictus from 2009 to 2025, covering 17 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 Nictus (NCS) market capitalisation.
| Year | WC/NA Ratio | Working Capital (ZAC) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 75.5% | ZAC101.64 Million | ZAC134.69 Million | ZAC794.82 Million | ZAC693.18 Million | ▲ +12.9 pp |
| 2024 | 62.5% | ZAC73.54 Million | ZAC117.65 Million | ZAC569.92 Million | ZAC496.38 Million | ▲ +4.8 pp |
| 2023 | 57.7% | ZAC65.02 Million | ZAC112.58 Million | ZAC813.31 Million | ZAC748.29 Million | ▲ +1.4 pp |
| 2022 | 56.3% | ZAC59.71 Million | ZAC105.97 Million | ZAC651.53 Million | ZAC591.82 Million | ▲ +0.9 pp |
| 2021 | 55.5% | ZAC57.47 Million | ZAC103.59 Million | ZAC613.91 Million | ZAC556.45 Million | ▲ +12.7 pp |
| 2020 | 42.8% | ZAC40.87 Million | ZAC95.56 Million | ZAC691.61 Million | ZAC650.74 Million | ▼ -3.8 pp |
| 2019 | 46.5% | ZAC46.13 Million | ZAC99.10 Million | ZAC607.26 Million | ZAC561.13 Million | ▼ -18.9 pp |
| 2018 | 65.4% | ZAC67.21 Million | ZAC102.73 Million | ZAC602.39 Million | ZAC535.18 Million | ▲ +8.2 pp |
| 2017 | 57.2% | ZAC56.82 Million | ZAC99.30 Million | ZAC549.90 Million | ZAC493.09 Million | ▲ +21.6 pp |
| 2016 | 35.7% | ZAC33.66 Million | ZAC94.40 Million | ZAC453.22 Million | ZAC419.55 Million | ▲ +6.6 pp |
| 2015 | 29.0% | ZAC25.66 Million | ZAC88.42 Million | ZAC435.94 Million | ZAC410.28 Million | ▼ -2.2 pp |
| 2014 | 31.2% | ZAC25.46 Million | ZAC81.59 Million | ZAC375.07 Million | ZAC349.61 Million | ▲ +0.6 pp |
| 2013 | 30.6% | ZAC23.29 Million | ZAC76.05 Million | ZAC276.20 Million | ZAC252.91 Million | ▲ +203.9 pp |
| 2012 | -173.3% | ZAC-292.06 Million | ZAC168.57 Million | ZAC618.48 Million | ZAC910.55 Million | ▲ +74.4 pp |
| 2011 | -247.7% | ZAC-275.97 Million | ZAC111.43 Million | ZAC522.78 Million | ZAC798.75 Million | ▲ +11.1 pp |
| 2010 | -258.8% | ZAC-256.61 Million | ZAC99.16 Million | ZAC429.60 Million | ZAC686.22 Million | ▼ -43.6 pp |
| 2009 | -215.2% | ZAC-169.69 Million | ZAC78.86 Million | ZAC349.17 Million | ZAC518.85 Million | — |