Adriatic Metals Working Capital to Net Assets Ratio
Adriatic Metals 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. Check Adriatic Metals tangible equity quality to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Adriatic Metals (2017–2024)
Working capital to net assets ratio of Adriatic Metals from 2017 to 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 operational self-sufficiency of Adriatic Metals to measure how many days the company can operate on defensive assets alone.
Adriatic Metals Working Capital to Net Assets Ratio by Year (2017–2024)
Adriatic Metals working capital to net assets ratio by year from 2017 to 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 the complete balance sheet picture, see Adriatic Metals assets under control.
| 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 | — |