Spurcorp (SUR) — Working Capital to Net Assets Ratio
Spurcorp (SUR) has a Working Capital to Net Assets ratio of 40.9% as of December 2025. Working capital of ZAC362.36 Million (current assets of ZAC827.90 Million minus current liabilities of ZAC465.54 Million) is measured against net assets of ZAC885.27 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Spurcorp (SUR) liquidity interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Spurcorp Working Capital to Net Assets (2002–2025)
This chart shows how Spurcorp's Working Capital to Net Assets ratio has evolved across 24 annual periods from 2002 to 2025. As of December 2025, the ratio stands at 40.9%, reflecting working capital of ZAC362.36 Million against net assets of ZAC885.27 Million ZAC. For the complete balance sheet picture, see SUR current and non-current assets.
Annual Working Capital to Net Assets for Spurcorp (2002–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Spurcorp from 2002 to 2025, covering 24 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. Check Spurcorp liquidity resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (ZAC) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 41.3% | ZAC382.21 Million | ZAC925.01 Million | ZAC867.21 Million | ZAC485.00 Million | ▲ +7.2 pp |
| 2024 | 34.2% | ZAC285.30 Million | ZAC835.06 Million | ZAC713.49 Million | ZAC428.19 Million | ▼ -14.1 pp |
| 2023 | 48.3% | ZAC362.95 Million | ZAC751.71 Million | ZAC690.89 Million | ZAC327.94 Million | ▲ +6.2 pp |
| 2022 | 42.1% | ZAC288.87 Million | ZAC686.02 Million | ZAC558.64 Million | ZAC269.77 Million | ▲ +2.6 pp |
| 2021 | 39.5% | ZAC251.15 Million | ZAC635.17 Million | ZAC409.04 Million | ZAC157.88 Million | ▲ +12.5 pp |
| 2020 | 27.1% | ZAC145.03 Million | ZAC535.62 Million | ZAC276.44 Million | ZAC131.41 Million | ▼ -28.2 pp |
| 2019 | 55.3% | ZAC484.55 Million | ZAC876.29 Million | ZAC557.49 Million | ZAC72.95 Million | ▲ +16.8 pp |
| 2018 | 38.5% | ZAC337.88 Million | ZAC877.96 Million | ZAC424.73 Million | ZAC86.86 Million | ▲ +0.1 pp |
| 2017 | 38.4% | ZAC321.69 Million | ZAC837.18 Million | ZAC412.08 Million | ZAC90.39 Million | ▼ -0.3 pp |
| 2016 | 38.8% | ZAC335.22 Million | ZAC864.66 Million | ZAC455.74 Million | ZAC120.52 Million | ▲ +0.1 pp |
| 2015 | 38.7% | ZAC330.13 Million | ZAC854.10 Million | ZAC473.88 Million | ZAC143.75 Million | ▲ +21.5 pp |
| 2014 | 17.2% | ZAC89.25 Million | ZAC519.62 Million | ZAC225.07 Million | ZAC135.82 Million | ▼ -6.6 pp |
| 2013 | 23.8% | ZAC111.91 Million | ZAC470.86 Million | ZAC239.31 Million | ZAC127.39 Million | ▲ +2.9 pp |
| 2012 | 20.8% | ZAC88.63 Million | ZAC425.61 Million | ZAC186.46 Million | ZAC97.83 Million | ▼ -6.1 pp |
| 2011 | 26.9% | ZAC109.84 Million | ZAC408.24 Million | ZAC184.48 Million | ZAC74.64 Million | ▲ +5.8 pp |
| 2010 | 21.1% | ZAC85.25 Million | ZAC403.30 Million | ZAC148.12 Million | ZAC62.86 Million | ▼ -0.8 pp |
| 2009 | 21.9% | ZAC96.16 Million | ZAC438.62 Million | ZAC147.84 Million | ZAC51.68 Million | ▲ +6.6 pp |
| 2008 | 15.3% | ZAC66.80 Million | ZAC437.10 Million | ZAC129.19 Million | ZAC62.40 Million | ▲ +5.0 pp |
| 2007 | 10.3% | ZAC41.63 Million | ZAC403.64 Million | ZAC99.46 Million | ZAC57.84 Million | ▼ -4.5 pp |
| 2006 | 14.8% | ZAC53.73 Million | ZAC362.64 Million | ZAC92.71 Million | ZAC38.98 Million | ▼ -19.3 pp |
| 2005 | 34.1% | ZAC42.57 Million | ZAC124.83 Million | ZAC77.33 Million | ZAC34.76 Million | ▼ -19.1 pp |
| 2004 | 53.2% | ZAC73.79 Million | ZAC138.61 Million | ZAC104.11 Million | ZAC30.32 Million | ▲ +12.5 pp |
| 2003 | 40.7% | ZAC52.16 Million | ZAC128.18 Million | ZAC75.16 Million | ZAC23.00 Million | ▲ +12.6 pp |
| 2002 | 28.0% | ZAC34.74 Million | ZAC123.87 Million | ZAC64.39 Million | ZAC29.65 Million | — |