Oceana (OCE) — Working Capital to Net Assets Ratio
Oceana (OCE) has a Working Capital to Net Assets ratio of 25.0% as of September 2025. Working capital of ZAC1.97 Billion (current assets of ZAC4.85 Billion minus current liabilities of ZAC2.88 Billion) is measured against net assets of ZAC7.89 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Oceana free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Oceana Working Capital to Net Assets (2003–2025)
This chart shows how Oceana's Working Capital to Net Assets ratio has evolved across 23 annual periods from 2003 to 2025. As of September 2025, the ratio stands at 25.0%, reflecting working capital of ZAC1.97 Billion against net assets of ZAC7.89 Billion ZAC. See defensive interval ratio of Oceana to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Oceana (2003–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Oceana from 2003 to 2025, covering 23 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 Oceana stock valuation.
| Year | WC/NA Ratio | Working Capital (ZAC) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 25.0% | ZAC1.97 Billion | ZAC7.89 Billion | ZAC4.85 Billion | ZAC2.88 Billion | ▼ -5.0 pp |
| 2024 | 30.0% | ZAC2.31 Billion | ZAC7.72 Billion | ZAC5.42 Billion | ZAC3.11 Billion | ▲ +6.6 pp |
| 2023 | 23.4% | ZAC1.86 Billion | ZAC7.97 Billion | ZAC4.64 Billion | ZAC2.78 Billion | ▼ -9.1 pp |
| 2022 | 32.4% | ZAC2.28 Billion | ZAC7.03 Billion | ZAC4.80 Billion | ZAC2.52 Billion | ▲ +2.7 pp |
| 2021 | 29.8% | ZAC1.64 Billion | ZAC5.50 Billion | ZAC3.34 Billion | ZAC1.70 Billion | ▼ -4.4 pp |
| 2020 | 34.1% | ZAC2.04 Billion | ZAC5.98 Billion | ZAC4.22 Billion | ZAC2.18 Billion | ▼ -3.3 pp |
| 2019 | 37.5% | ZAC1.92 Billion | ZAC5.12 Billion | ZAC3.76 Billion | ZAC1.84 Billion | ▼ -1.8 pp |
| 2018 | 39.3% | ZAC1.86 Billion | ZAC4.72 Billion | ZAC4.01 Billion | ZAC2.16 Billion | ▲ +7.7 pp |
| 2017 | 31.6% | ZAC1.19 Billion | ZAC3.76 Billion | ZAC3.55 Billion | ZAC2.36 Billion | ▼ -28.1 pp |
| 2016 | 59.7% | ZAC2.39 Billion | ZAC4.01 Billion | ZAC4.37 Billion | ZAC1.98 Billion | ▲ +1.9 pp |
| 2015 | 57.9% | ZAC2.06 Billion | ZAC3.56 Billion | ZAC4.01 Billion | ZAC1.95 Billion | ▼ -18.1 pp |
| 2014 | 75.9% | ZAC1.33 Billion | ZAC1.75 Billion | ZAC2.12 Billion | ZAC788.99 Million | ▲ +6.2 pp |
| 2013 | 69.7% | ZAC1.25 Billion | ZAC1.79 Billion | ZAC2.17 Billion | ZAC922.34 Million | ▲ +3.5 pp |
| 2012 | 66.2% | ZAC1.08 Billion | ZAC1.63 Billion | ZAC1.88 Billion | ZAC796.22 Million | ▲ +2.3 pp |
| 2011 | 63.9% | ZAC894.34 Million | ZAC1.40 Billion | ZAC1.42 Billion | ZAC528.28 Million | ▲ +0.1 pp |
| 2010 | 63.8% | ZAC795.16 Million | ZAC1.25 Billion | ZAC1.30 Billion | ZAC506.92 Million | ▲ +4.5 pp |
| 2009 | 59.3% | ZAC667.71 Million | ZAC1.13 Billion | ZAC1.19 Billion | ZAC520.30 Million | ▲ +5.0 pp |
| 2008 | 54.3% | ZAC543.16 Million | ZAC999.56 Million | ZAC1.04 Billion | ZAC496.23 Million | ▲ +0.8 pp |
| 2007 | 53.5% | ZAC484.38 Million | ZAC905.52 Million | ZAC1.04 Billion | ZAC557.27 Million | ▲ +12.2 pp |
| 2006 | 41.3% | ZAC338.49 Million | ZAC818.83 Million | ZAC826.33 Million | ZAC487.84 Million | ▼ -19.9 pp |
| 2005 | 61.3% | ZAC545.77 Million | ZAC890.89 Million | ZAC1.08 Billion | ZAC535.22 Million | ▲ +10.9 pp |
| 2004 | 50.3% | ZAC426.98 Million | ZAC848.61 Million | ZAC1.01 Billion | ZAC584.42 Million | ▼ -2.0 pp |
| 2003 | 52.3% | ZAC401.85 Million | ZAC768.86 Million | ZAC889.97 Million | ZAC488.12 Million | — |