South Ocean Holdings Ltd (SOH) — Working Capital to Net Assets Ratio
South Ocean Holdings Ltd (SOH) has a Working Capital to Net Assets ratio of 70.6% as of December 2025. Working capital of ZAC462.88 Million (current assets of ZAC1.06 Billion minus current liabilities of ZAC596.79 Million) is measured against net assets of ZAC655.43 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See SOH equity to assets ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
South Ocean Holdings Ltd Working Capital to Net Assets (2006–2025)
This chart shows how South Ocean Holdings Ltd's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2006 to 2025. As of December 2025, the ratio stands at 70.6%, reflecting working capital of ZAC462.88 Million against net assets of ZAC655.43 Million ZAC. Check SOH tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for South Ocean Holdings Ltd (2006–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for South Ocean Holdings Ltd from 2006 to 2025, covering 20 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 South Ocean Holdings Ltd (SOH) market capitalisation.
| Year | WC/NA Ratio | Working Capital (ZAC) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 70.6% | ZAC462.88 Million | ZAC655.43 Million | ZAC1.06 Billion | ZAC596.79 Million | ▼ -7.8 pp |
| 2024 | 78.4% | ZAC534.48 Million | ZAC681.92 Million | ZAC867.99 Million | ZAC333.51 Million | ▲ +6.5 pp |
| 2023 | 71.9% | ZAC482.23 Million | ZAC670.43 Million | ZAC738.16 Million | ZAC255.94 Million | ▲ +5.5 pp |
| 2022 | 66.4% | ZAC394.47 Million | ZAC593.93 Million | ZAC635.17 Million | ZAC240.69 Million | ▼ -10.3 pp |
| 2021 | 76.7% | ZAC434.94 Million | ZAC567.25 Million | ZAC547.93 Million | ZAC112.99 Million | ▲ +10.8 pp |
| 2020 | 65.9% | ZAC328.15 Million | ZAC498.27 Million | ZAC464.74 Million | ZAC136.58 Million | ▼ -0.3 pp |
| 2019 | 66.2% | ZAC311.81 Million | ZAC471.31 Million | ZAC484.99 Million | ZAC173.18 Million | ▼ -9.6 pp |
| 2018 | 75.8% | ZAC370.55 Million | ZAC488.82 Million | ZAC667.21 Million | ZAC296.66 Million | ▲ +20.9 pp |
| 2017 | 54.9% | ZAC259.10 Million | ZAC471.95 Million | ZAC587.39 Million | ZAC328.29 Million | ▼ -1.4 pp |
| 2016 | 56.3% | ZAC298.15 Million | ZAC529.87 Million | ZAC623.87 Million | ZAC325.73 Million | ▼ -3.3 pp |
| 2015 | 59.6% | ZAC339.42 Million | ZAC569.73 Million | ZAC578.27 Million | ZAC238.86 Million | ▼ -4.4 pp |
| 2014 | 64.0% | ZAC372.53 Million | ZAC582.16 Million | ZAC674.50 Million | ZAC301.97 Million | ▲ +3.9 pp |
| 2013 | 60.1% | ZAC327.19 Million | ZAC544.25 Million | ZAC653.16 Million | ZAC325.98 Million | ▲ +19.9 pp |
| 2012 | 40.2% | ZAC267.60 Million | ZAC664.87 Million | ZAC546.75 Million | ZAC279.16 Million | ▲ +8.9 pp |
| 2011 | 31.4% | ZAC245.50 Million | ZAC782.99 Million | ZAC438.55 Million | ZAC193.06 Million | ▼ -0.6 pp |
| 2010 | 32.0% | ZAC235.67 Million | ZAC736.85 Million | ZAC366.01 Million | ZAC130.34 Million | ▼ -1.7 pp |
| 2009 | 33.7% | ZAC232.18 Million | ZAC689.77 Million | ZAC337.25 Million | ZAC105.07 Million | ▼ -1.0 pp |
| 2008 | 34.7% | ZAC228.32 Million | ZAC658.12 Million | ZAC389.34 Million | ZAC161.02 Million | ▼ -2.3 pp |
| 2007 | 37.0% | ZAC236.40 Million | ZAC639.24 Million | ZAC359.98 Million | ZAC123.58 Million | ▼ -20.3 pp |
| 2006 | 57.3% | ZAC66.51 Million | ZAC116.13 Million | ZAC171.32 Million | ZAC104.80 Million | — |