Adriatic Metals (ADT1) — Working Capital to Net Assets Ratio
Adriatic Metals (ADT1) has a Working Capital to Net Assets ratio of 0.4% as of June 2024. Working capital of GBX617.22K (current assets of GBX73.03 Million minus current liabilities of GBX72.41 Million) is measured against net assets of GBX157.77 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See ADT1 financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Adriatic Metals Working Capital to Net Assets (2017–2024)
This chart shows how Adriatic Metals's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of June 2024, the ratio stands at 0.4%, reflecting working capital of GBX617.22K against net assets of GBX157.77 Million GBX. See how many days can Adriatic Metals fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Adriatic Metals (2017–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Adriatic Metals from 2017 to 2024, covering 8 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 how much is Adriatic Metals worth.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -59.2% | GBX-70.04 Million | GBX118.37 Million | GBX50.86 Million | GBX120.90 Million | ▼ -38.8 pp |
| 2023 | -20.3% | GBX-22.06 Million | GBX108.42 Million | GBX59.62 Million | GBX81.68 Million | ▼ -86.8 pp |
| 2022 | 66.4% | GBX71.69 Million | GBX107.90 Million | GBX79.42 Million | GBX7.72 Million | ▼ -5.1 pp |
| 2021 | 71.6% | GBX109.10 Million | GBX152.42 Million | GBX114.73 Million | GBX5.62 Million | ▲ +19.2 pp |
| 2020 | 52.4% | GBX13.47 Million | GBX25.72 Million | GBX14.32 Million | GBX852.92K | ▼ -1.8 pp |
| 2019 | 54.2% | GBX3.87 Million | GBX7.15 Million | GBX4.00 Million | GBX121.99K | ▼ -19.6 pp |
| 2018 | 73.8% | GBX3.42 Million | GBX4.63 Million | GBX3.50 Million | GBX81.65K | ▲ +61.0 pp |
| 2017 | 12.8% | GBX98.26K | GBX765.43K | GBX253.08K | GBX154.82K | — |