Thungela Resources Limited Working Capital to Net Assets Ratio
Thungela Resources Limited working capital to net assets ratio. Thungela Resources Limited (TGA) has a Working Capital to Net Assets ratio of 30.1% as of June 2026. Working capital of ZAC5.22 Billion (current assets of ZAC13.70 Billion minus current liabilities of ZAC8.48 Billion) is measured against net assets of ZAC17.36 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Thungela Resources Limited (2017–2025)
Working capital to net assets ratio of Thungela Resources Limited from 2017 to 2025. This chart shows how Thungela Resources Limited's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2017 to 2025. As of June 2026, the ratio stands at 30.1%, reflecting working capital of ZAC5.22 Billion against net assets of ZAC17.36 Billion ZAC. See Thungela Resources Limited defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Thungela Resources Limited Working Capital to Net Assets Ratio by Year (2017–2025)
Thungela Resources Limited working capital to net assets ratio by year from 2017 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Thungela Resources Limited from 2017 to 2025, covering 9 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 the complete balance sheet picture, see Thungela Resources Limited asset portfolio.
| Year | WC/NA Ratio | Working Capital (ZAC) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 36.0% | ZAC5.83 Billion | ZAC16.18 Billion | ZAC13.87 Billion | ZAC8.04 Billion | ▼ -4.5 pp |
| 2024 | 40.5% | ZAC10.58 Billion | ZAC26.10 Billion | ZAC18.78 Billion | ZAC8.20 Billion | ▼ -4.0 pp |
| 2023 | 44.5% | ZAC10.96 Billion | ZAC24.60 Billion | ZAC19.64 Billion | ZAC8.69 Billion | ▼ -26.0 pp |
| 2022 | 70.5% | ZAC18.45 Billion | ZAC26.16 Billion | ZAC23.80 Billion | ZAC5.35 Billion | ▲ +5.0 pp |
| 2021 | 65.6% | ZAC12.11 Billion | ZAC18.47 Billion | ZAC16.37 Billion | ZAC4.26 Billion | ▲ +46.6 pp |
| 2020 | 19.0% | ZAC1.58 Billion | ZAC8.32 Billion | ZAC7.50 Billion | ZAC5.93 Billion | ▲ +18.0 pp |
| 2019 | 0.9% | ZAC62.00 Million | ZAC6.67 Billion | ZAC4.89 Billion | ZAC4.83 Billion | ▼ -0.4 pp |
| 2018 | 1.4% | ZAC145.00 Million | ZAC10.72 Billion | ZAC4.89 Billion | ZAC4.74 Billion | ▲ +4.3 pp |
| 2017 | -2.9% | ZAC-314.00 Million | ZAC10.78 Billion | ZAC5.75 Billion | ZAC6.07 Billion | — |