Premier African Minerals Ltd (PREM) — Working Capital to Net Assets Ratio
Premier African Minerals Ltd (PREM) has a Working Capital to Net Assets ratio of -925.2% as of June 2025. Working capital of GBX-54.42 Million (current assets of GBX6.10 Million minus current liabilities of GBX60.52 Million) is measured against net assets of GBX5.88 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Premier African Minerals Ltd balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Premier African Minerals Ltd Working Capital to Net Assets (2011–2024)
This chart shows how Premier African Minerals Ltd's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2011 to 2024. As of June 2025, the ratio stands at -925.2%, reflecting working capital of GBX-54.42 Million against net assets of GBX5.88 Million GBX. Check how tangible is Premier African Minerals Ltd's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Premier African Minerals Ltd (2011–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Premier African Minerals Ltd from 2011 to 2024, covering 14 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 Premier African Minerals Ltd (PREM) market capitalisation.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -710.0% | GBX-52.76 Million | GBX7.43 Million | GBX5.84 Million | GBX58.60 Million | ▼ -408.7 pp |
| 2023 | -301.2% | GBX-43.76 Million | GBX14.53 Million | GBX6.48 Million | GBX50.24 Million | ▼ -157.8 pp |
| 2022 | -143.5% | GBX-24.09 Million | GBX16.79 Million | GBX9.82 Million | GBX33.91 Million | ▼ -147.6 pp |
| 2021 | 4.1% | GBX583.00K | GBX14.25 Million | GBX1.35 Million | GBX766.00K | ▲ +1.3 pp |
| 2020 | 2.7% | GBX227.00K | GBX8.26 Million | GBX735.00K | GBX508.00K | ▲ +45.0 pp |
| 2019 | -42.3% | GBX-2.10 Million | GBX4.96 Million | GBX60.00K | GBX2.16 Million | ▲ +145.5 pp |
| 2018 | -187.8% | GBX-3.42 Million | GBX1.82 Million | GBX95.00K | GBX3.52 Million | ▼ -164.4 pp |
| 2017 | -23.3% | GBX-1.84 Million | GBX7.89 Million | GBX555.00K | GBX2.40 Million | ▲ +18.9 pp |
| 2016 | -42.2% | GBX-5.58 Million | GBX13.22 Million | GBX1.00 Million | GBX6.58 Million | ▼ -4.4 pp |
| 2015 | -37.8% | GBX-4.44 Million | GBX11.75 Million | GBX654.00K | GBX5.09 Million | ▼ -37.6 pp |
| 2014 | -0.2% | GBX-16.00K | GBX10.33 Million | GBX1.45 Million | GBX1.46 Million | ▲ +62.5 pp |
| 2013 | -62.6% | GBX-4.38 Million | GBX7.00 Million | GBX136.00K | GBX4.52 Million | ▼ -63.0 pp |
| 2012 | 0.4% | GBX27.43K | GBX6.80 Million | GBX1.70 Million | GBX1.67 Million | ▼ -396.0 pp |
| 2011 | 396.4% | GBX-3.42 Million | GBX-862.07K | GBX169.88K | GBX3.59 Million | — |