Northam Platinum Holdings Ltd (NPH) — Working Capital to Net Assets Ratio
Northam Platinum Holdings Ltd (NPH) has a Working Capital to Net Assets ratio of 32.6% as of December 2025. Working capital of ZAC12.80 Billion (current assets of ZAC21.60 Billion minus current liabilities of ZAC8.80 Billion) is measured against net assets of ZAC39.25 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Northam Platinum Holdings Ltd (NPH) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Northam Platinum Holdings Ltd Working Capital to Net Assets (2013–2025)
This chart shows how Northam Platinum Holdings Ltd's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of December 2025, the ratio stands at 32.6%, reflecting working capital of ZAC12.80 Billion against net assets of ZAC39.25 Billion ZAC. Check NPH intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Northam Platinum Holdings Ltd (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Northam Platinum Holdings Ltd from 2013 to 2025, covering 13 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 NPH stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (ZAC) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 32.1% | ZAC10.33 Billion | ZAC32.15 Billion | ZAC17.65 Billion | ZAC7.33 Billion | ▲ +5.8 pp |
| 2024 | 26.3% | ZAC8.01 Billion | ZAC30.48 Billion | ZAC17.74 Billion | ZAC9.74 Billion | ▲ +16.0 pp |
| 2023 | 10.2% | ZAC3.30 Billion | ZAC32.30 Billion | ZAC13.84 Billion | ZAC10.54 Billion | ▲ +22.1 pp |
| 2022 | -11.9% | ZAC-3.52 Billion | ZAC29.73 Billion | ZAC8.15 Billion | ZAC11.68 Billion | ▼ -22.4 pp |
| 2021 | 10.5% | ZAC2.00 Billion | ZAC19.02 Billion | ZAC10.56 Billion | ZAC8.56 Billion | ▼ -10.1 pp |
| 2020 | 20.6% | ZAC1.99 Billion | ZAC9.65 Billion | ZAC6.37 Billion | ZAC4.38 Billion | ▼ -15.9 pp |
| 2019 | 36.5% | ZAC2.72 Billion | ZAC7.46 Billion | ZAC5.34 Billion | ZAC2.62 Billion | ▲ +21.5 pp |
| 2018 | 15.0% | ZAC1.11 Billion | ZAC7.39 Billion | ZAC4.72 Billion | ZAC3.61 Billion | ▼ -15.7 pp |
| 2017 | 30.8% | ZAC2.49 Billion | ZAC8.09 Billion | ZAC4.10 Billion | ZAC1.61 Billion | ▼ -11.5 pp |
| 2016 | 42.3% | ZAC3.69 Billion | ZAC8.73 Billion | ZAC4.87 Billion | ZAC1.18 Billion | ▲ +8.0 pp |
| 2015 | 34.3% | ZAC3.16 Billion | ZAC9.22 Billion | ZAC5.78 Billion | ZAC2.62 Billion | ▲ +27.2 pp |
| 2014 | 7.1% | ZAC803.91 Million | ZAC11.39 Billion | ZAC2.00 Billion | ZAC1.19 Billion | ▲ +5.3 pp |
| 2013 | 1.8% | ZAC190.47 Million | ZAC10.82 Billion | ZAC1.73 Billion | ZAC1.54 Billion | — |