Argentex Group PLC Working Capital to Net Assets Ratio
Argentex Group PLC working capital to net assets ratio. Argentex Group PLC (AGFX) has a Working Capital to Net Assets ratio of 73.7% as of December 2024. Working capital of GBX32.00 Million (current assets of GBX126.70 Million minus current liabilities of GBX94.70 Million) is measured against net assets of GBX43.40 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Argentex Group PLC tangible net worth ratio 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 Argentex Group PLC (2017–2024)
Working capital to net assets ratio of Argentex Group PLC from 2017 to 2024. This chart shows how Argentex Group PLC's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2017 to 2024. As of December 2024, the ratio stands at 73.7%, reflecting working capital of GBX32.00 Million against net assets of GBX43.40 Million GBX. See Argentex Group PLC liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Argentex Group PLC Working Capital to Net Assets Ratio by Year (2017–2024)
Argentex Group PLC 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 Argentex Group PLC from 2017 to 2024, 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 Argentex Group PLC total assets.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 73.7% | GBX32.00 Million | GBX43.40 Million | GBX126.70 Million | GBX94.70 Million | ▲ +0.8 pp |
| 2023 | 72.9% | GBX29.90 Million | GBX41.00 Million | GBX83.70 Million | GBX53.80 Million | ▲ +12.7 pp |
| 2022 | 60.2% | GBX29.80 Million | GBX49.50 Million | GBX97.70 Million | GBX67.90 Million | ▼ -23.8 pp |
| 2022 | 84.0% | GBX27.90 Million | GBX33.20 Million | GBX83.70 Million | GBX55.80 Million | ▲ +6.7 pp |
| 2021 | 77.4% | GBX22.20 Million | GBX28.70 Million | GBX60.00 Million | GBX37.80 Million | ▼ -1.8 pp |
| 2020 | 79.2% | GBX19.78 Million | GBX24.98 Million | GBX67.20 Million | GBX47.43 Million | ▲ +13.3 pp |
| 2019 | 65.8% | GBX7.54 Million | GBX11.45 Million | GBX23.85 Million | GBX16.31 Million | ▼ -11.8 pp |
| 2018 | 77.7% | GBX5.98 Million | GBX7.70 Million | GBX27.65 Million | GBX21.67 Million | ▲ +5.7 pp |
| 2017 | 72.0% | GBX4.80 Million | GBX6.66 Million | GBX23.92 Million | GBX19.12 Million | — |