Novus Holdings Ltd (NVS) — Working Capital to Net Assets Ratio
Novus Holdings Ltd (NVS) has a Working Capital to Net Assets ratio of 46.9% as of September 2025. Working capital of ZAC1.10 Billion (current assets of ZAC2.41 Billion minus current liabilities of ZAC1.32 Billion) is measured against net assets of ZAC2.34 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See NVS net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Novus Holdings Ltd Working Capital to Net Assets (2013–2025)
This chart shows how Novus Holdings Ltd's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of September 2025, the ratio stands at 46.9%, reflecting working capital of ZAC1.10 Billion against net assets of ZAC2.34 Billion ZAC. Check NVS intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Novus Holdings Ltd (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Novus 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 market cap of Novus Holdings Ltd.
| Year | WC/NA Ratio | Working Capital (ZAC) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 51.9% | ZAC1.26 Billion | ZAC2.43 Billion | ZAC2.43 Billion | ZAC1.18 Billion | ▼ -9.3 pp |
| 2024 | 61.1% | ZAC1.37 Billion | ZAC2.25 Billion | ZAC1.98 Billion | ZAC605.41 Million | ▲ +15.5 pp |
| 2023 | 45.7% | ZAC1.01 Billion | ZAC2.22 Billion | ZAC1.85 Billion | ZAC833.58 Million | ▼ -2.5 pp |
| 2022 | 48.1% | ZAC1.01 Billion | ZAC2.10 Billion | ZAC1.45 Billion | ZAC439.21 Million | ▲ +6.3 pp |
| 2021 | 41.8% | ZAC922.31 Million | ZAC2.21 Billion | ZAC1.31 Billion | ZAC384.06 Million | ▲ +2.1 pp |
| 2020 | 39.7% | ZAC905.67 Million | ZAC2.28 Billion | ZAC1.32 Billion | ZAC418.51 Million | ▲ +9.5 pp |
| 2019 | 30.2% | ZAC806.36 Million | ZAC2.67 Billion | ZAC1.51 Billion | ZAC705.65 Million | ▲ +0.7 pp |
| 2018 | 29.4% | ZAC820.95 Million | ZAC2.79 Billion | ZAC1.43 Billion | ZAC608.56 Million | ▲ +0.5 pp |
| 2017 | 28.9% | ZAC833.24 Million | ZAC2.88 Billion | ZAC1.18 Billion | ZAC345.92 Million | ▲ +2.2 pp |
| 2016 | 26.7% | ZAC754.88 Million | ZAC2.82 Billion | ZAC1.27 Billion | ZAC514.34 Million | ▲ +0.4 pp |
| 2015 | 26.4% | ZAC676.82 Million | ZAC2.57 Billion | ZAC1.22 Billion | ZAC546.02 Million | ▲ +10.3 pp |
| 2014 | 16.1% | ZAC355.25 Million | ZAC2.21 Billion | ZAC905.12 Million | ZAC549.87 Million | ▲ +9.1 pp |
| 2013 | 7.0% | ZAC124.92 Million | ZAC1.79 Billion | ZAC931.64 Million | ZAC806.73 Million | — |