Ethernity Networks Ltd (ENET) — Working Capital to Net Assets Ratio
Ethernity Networks Ltd (ENET) has a Working Capital to Net Assets ratio of -545.3% as of June 2025. Working capital of GBX-2.08 Million (current assets of GBX420.36K minus current liabilities of GBX2.50 Million) is measured against net assets of GBX381.34K. A higher ratio indicates strong short-term liquidity financed by the equity base. See Ethernity Networks Ltd balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ethernity Networks Ltd Working Capital to Net Assets (2014–2024)
This chart shows how Ethernity Networks Ltd's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2014 to 2024. As of June 2025, the ratio stands at -545.3%, reflecting working capital of GBX-2.08 Million against net assets of GBX381.34K GBX. Check Ethernity Networks Ltd (ENET) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Ethernity Networks Ltd (2014–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ethernity Networks Ltd from 2014 to 2024, covering 11 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 ENET market cap.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -70.1% | GBX-1.92 Million | GBX2.74 Million | GBX786.72K | GBX2.71 Million | ▼ -73.4 pp |
| 2023 | 3.4% | GBX199.36K | GBX5.92 Million | GBX3.14 Million | GBX2.94 Million | ▲ +22.0 pp |
| 2022 | -18.7% | GBX-1.04 Million | GBX5.58 Million | GBX3.13 Million | GBX4.17 Million | ▼ -63.0 pp |
| 2021 | 44.3% | GBX5.75 Million | GBX12.96 Million | GBX9.13 Million | GBX3.39 Million | ▲ +37.0 pp |
| 2020 | 7.3% | GBX653.02K | GBX8.93 Million | GBX3.76 Million | GBX3.11 Million | ▼ -11.6 pp |
| 2019 | 18.9% | GBX2.16 Million | GBX11.46 Million | GBX4.63 Million | GBX2.46 Million | ▼ -31.0 pp |
| 2018 | 49.8% | GBX8.22 Million | GBX16.49 Million | GBX9.72 Million | GBX1.51 Million | ▼ -28.3 pp |
| 2017 | 78.1% | GBX14.73 Million | GBX18.85 Million | GBX15.90 Million | GBX1.17 Million | ▲ +278.2 pp |
| 2016 | -200.0% | GBX-1.35 Million | GBX676.49K | GBX691.27K | GBX2.04 Million | ▼ -801.1 pp |
| 2015 | 601.1% | GBX-995.13K | GBX-165.56K | GBX501.94K | GBX1.50 Million | ▲ +508.2 pp |
| 2014 | 92.8% | GBX-755.33K | GBX-813.77K | GBX599.33K | GBX1.35 Million | — |