Metals Exploration Plc (MTL) — Working Capital to Net Assets Ratio
Metals Exploration Plc (MTL) has a Working Capital to Net Assets ratio of 17.1% as of December 2025. Working capital of GBX43.18 Million (current assets of GBX75.45 Million minus current liabilities of GBX32.27 Million) is measured against net assets of GBX252.88 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See MTL defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Metals Exploration Plc Working Capital to Net Assets (2005–2025)
This chart shows how Metals Exploration Plc's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of December 2025, the ratio stands at 17.1%, reflecting working capital of GBX43.18 Million against net assets of GBX252.88 Million GBX. For the complete balance sheet picture, see Metals Exploration Plc balance sheet assets.
Annual Working Capital to Net Assets for Metals Exploration Plc (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Metals Exploration Plc from 2005 to 2025, covering 21 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. Check MTL cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 17.1% | GBX43.18 Million | GBX252.88 Million | GBX75.45 Million | GBX32.27 Million | ▼ -3.6 pp |
| 2024 | 20.6% | GBX27.55 Million | GBX133.55 Million | GBX60.24 Million | GBX32.68 Million | ▲ +32.8 pp |
| 2023 | -12.2% | GBX-16.28 Million | GBX133.93 Million | GBX24.04 Million | GBX40.32 Million | ▲ +58.4 pp |
| 2022 | -70.5% | GBX-12.53 Million | GBX17.76 Million | GBX30.21 Million | GBX42.74 Million | ▼ -1.5 pp |
| 2021 | -69.0% | GBX-6.57 Million | GBX9.52 Million | GBX27.92 Million | GBX34.50 Million | ▼ -603.1 pp |
| 2020 | 534.1% | GBX-5.94 Million | GBX-1.11 Million | GBX35.36 Million | GBX41.30 Million | ▼ -258.7 pp |
| 2019 | 792.9% | GBX-109.24 Million | GBX-13.78 Million | GBX17.91 Million | GBX127.15 Million | ▲ +515.1 pp |
| 2018 | 277.8% | GBX-84.62 Million | GBX-30.47 Million | GBX14.64 Million | GBX99.26 Million | ▲ +308.0 pp |
| 2017 | -30.3% | GBX-33.74 Million | GBX111.54 Million | GBX3.49 Million | GBX37.23 Million | ▲ +0.8 pp |
| 2016 | -31.1% | GBX-41.48 Million | GBX133.40 Million | GBX12.04 Million | GBX53.52 Million | ▼ -21.6 pp |
| 2015 | -9.5% | GBX-10.65 Million | GBX112.21 Million | GBX15.89 Million | GBX26.54 Million | ▼ -10.6 pp |
| 2014 | 1.1% | GBX1.18 Million | GBX104.34 Million | GBX13.46 Million | GBX12.29 Million | ▼ -28.3 pp |
| 2013 | 29.4% | GBX31.74 Million | GBX107.91 Million | GBX34.07 Million | GBX2.33 Million | ▼ -11.0 pp |
| 2012 | 40.4% | GBX34.02 Million | GBX84.17 Million | GBX36.60 Million | GBX2.58 Million | ▼ -10.4 pp |
| 2011 | 50.8% | GBX35.20 Million | GBX69.23 Million | GBX36.51 Million | GBX1.31 Million | ▲ +76.0 pp |
| 2010 | -25.2% | GBX-5.39 Million | GBX21.39 Million | GBX1.42 Million | GBX6.81 Million | ▼ -46.2 pp |
| 2009 | 21.0% | GBX5.22 Million | GBX24.90 Million | GBX5.98 Million | GBX760.30K | ▲ +15.2 pp |
| 2008 | 5.7% | GBX641.47K | GBX11.17 Million | GBX901.25K | GBX259.78K | ▼ -35.8 pp |
| 2007 | 41.5% | GBX4.00 Million | GBX9.63 Million | GBX4.47 Million | GBX467.80K | ▲ +31.2 pp |
| 2006 | 10.4% | GBX242.63K | GBX2.34 Million | GBX476.30K | GBX233.68K | ▼ -28.2 pp |
| 2005 | 38.6% | GBX997.02K | GBX2.59 Million | GBX1.19 Million | GBX193.00K | — |