Petrel Resources (PET) — Working Capital to Net Assets Ratio

Latest as of June 2025: 172.0%

Petrel Resources (PET) has a Working Capital to Net Assets ratio of 172.0% as of June 2025. Working capital of GBX-1.12 Million (current assets of GBX104.00K minus current liabilities of GBX1.22 Million) is measured against net assets of GBX-649.00K. A higher ratio indicates strong short-term liquidity financed by the equity base. See PET equity to assets ratio to measure how much of total assets are equity-financed.

WC/NA Ratio

172.0%
Working Capital / Net Assets

Working Capital

GBX-1.12 Million
GBX

Current Assets

GBX104.00K
GBX

Current Liabilities

GBX1.22 Million
GBX

Petrel Resources Working Capital to Net Assets (1997–2024)

This chart shows how Petrel Resources's Working Capital to Net Assets ratio has evolved across 28 annual periods from 1997 to 2024. As of June 2025, the ratio stands at 172.0%, reflecting working capital of GBX-1.12 Million against net assets of GBX-649.00K GBX. Check Petrel Resources tangible equity quality to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Petrel Resources (1997–2024)

The table below presents the year-by-year Working Capital to Net Assets ratio for Petrel Resources from 1997 to 2024, covering 28 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 Petrel Resources market capitalisation.

Year WC/NA Ratio Working Capital (GBX) Net Assets Current Assets Current Liabilities Change (pp)
2024 194.8% GBX-1.15 Million GBX-590.53K GBX14.69K GBX1.17 Million ▼ -234.1 pp
2023 428.9% GBX-973.50K GBX-226.97K GBX46.02K GBX1.02 Million ▲ +712.4 pp
2022 -283.5% GBX-689.81K GBX243.36K GBX200.12K GBX889.93K ▼ -35.6 pp
2021 -247.9% GBX-664.92K GBX268.24K GBX127.51K GBX792.43K ▼ -190.0 pp
2020 -57.9% GBX-341.65K GBX590.32K GBX368.89K GBX710.54K ▼ -28.4 pp
2019 -29.5% GBX-224.07K GBX759.90K GBX405.81K GBX629.88K ▼ -18.7 pp
2018 -10.8% GBX-245.10K GBX2.28 Million GBX387.52K GBX632.62K ▼ -1.4 pp
2017 -9.3% GBX-185.74K GBX1.99 Million GBX398.95K GBX584.69K ▼ -14.7 pp
2016 5.3% GBX358.30K GBX6.71 Million GBX768.20K GBX409.89K ▼ -6.5 pp
2015 11.8% GBX814.85K GBX6.90 Million GBX1.13 Million GBX315.61K ▼ -3.9 pp
2014 15.7% GBX1.07 Million GBX6.82 Million GBX1.38 Million GBX306.83K ▲ +4.4 pp
2013 11.3% GBX1.05 Million GBX9.28 Million GBX1.46 Million GBX410.83K ▼ -32.3 pp
2012 43.6% GBX2.65 Million GBX6.08 Million GBX3.06 Million GBX407.19K ▼ -15.8 pp
2011 59.4% GBX3.95 Million GBX6.65 Million GBX4.18 Million GBX231.06K ▼ -9.7 pp
2010 69.1% GBX4.80 Million GBX6.95 Million GBX4.89 Million GBX84.03K ▼ -9.4 pp
2009 78.5% GBX6.01 Million GBX7.66 Million GBX43.69 Million GBX37.68 Million ▲ +18.2 pp
2008 60.3% GBX7.26 Million GBX12.04 Million GBX44.56 Million GBX37.30 Million ▼ -7.3 pp
2007 67.6% GBX8.75 Million GBX12.94 Million GBX45.60 Million GBX36.85 Million ▲ +14.1 pp
2006 53.6% GBX3.93 Million GBX7.34 Million GBX19.89 Million GBX15.96 Million ▲ +24.2 pp
2005 29.4% GBX2.05 Million GBX6.97 Million GBX3.77 Million GBX1.72 Million ▲ +34.6 pp
2004 -5.2% GBX-110.48K GBX2.11 Million GBX145.89K GBX256.37K ▼ -42.7 pp
2003 37.5% GBX825.55K GBX2.20 Million GBX1.01 Million GBX182.67K ▲ +49.9 pp
2002 -12.4% GBX-119.67K GBX968.08K GBX33.75K GBX153.42K ▲ +32.0 pp
2001 -44.4% GBX-282.79K GBX637.49K GBX19.61K GBX302.40K ▼ -88.8 pp
2000 44.4% GBX407.32K GBX916.47K GBX677.81K GBX270.49K ▲ +37.1 pp
1999 7.4% GBX24.11K GBX326.35K GBX102.89K GBX78.78K ▼ -29.3 pp
1998 36.6% GBX167.01K GBX455.73K GBX242.02K GBX75.01K ▼ -60.0 pp
1997 96.6% GBX862.62K GBX892.68K GBX907.71K GBX45.08K
pp = percentage points