TwentyFour Select Monthly Income Fund Ltd Working Capital to Net Assets Ratio
TwentyFour Select Monthly Income Fund Ltd working capital to net assets ratio. TwentyFour Select Monthly Income Fund Ltd (SMIF) has a Working Capital to Net Assets ratio of -0.6% as of September 2024. Working capital of GBX-1.40 Million (current assets of GBX7.59 Million minus current liabilities of GBX8.99 Million) is measured against net assets of GBX219.77 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible net worth ratio of TwentyFour Select Monthly Income Fund Lt 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 TwentyFour Select Monthly Income Fund Ltd (2014–2023)
Working capital to net assets ratio of TwentyFour Select Monthly Income Fund Ltd from 2014 to 2023. This chart shows how TwentyFour Select Monthly Income Fund Ltd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2014 to 2023. As of September 2024, the ratio stands at -0.6%, reflecting working capital of GBX-1.40 Million against net assets of GBX219.77 Million GBX. See SMIF defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
TwentyFour Select Monthly Income Fund Ltd Working Capital to Net Assets Ratio by Year (2014–2023)
TwentyFour Select Monthly Income Fund Ltd working capital to net assets ratio by year from 2014 to 2023. The table below presents the year-by-year Working Capital to Net Assets ratio for TwentyFour Select Monthly Income Fund Ltd from 2014 to 2023, covering 10 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 SMIF total asset value.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 6.7% | GBX12.23 Million | GBX181.69 Million | GBX9.63 Million | GBX-2.60 Million | ▲ +4.0 pp |
| 2022 | 2.7% | GBX4.16 Million | GBX151.33 Million | GBX4.60 Million | GBX444.66K | ▲ +1.5 pp |
| 2021 | 1.3% | GBX2.27 Million | GBX178.00 Million | GBX6.75 Million | GBX4.49 Million | ▼ -2.7 pp |
| 2020 | 3.9% | GBX7.60 Million | GBX192.86 Million | GBX14.29 Million | GBX6.69 Million | ▼ -1.7 pp |
| 2019 | 5.7% | GBX9.54 Million | GBX167.83 Million | GBX10.52 Million | GBX976.79K | ▼ -1.6 pp |
| 2018 | 7.3% | GBX12.44 Million | GBX169.74 Million | GBX12.84 Million | GBX395.19K | ▼ -92.7 pp |
| 2017 | 100.0% | GBX155.21 Million | GBX155.21 Million | GBX159.51 Million | GBX4.30 Million | ▲ +0.0 pp |
| 2016 | 100.0% | GBX136.82 Million | GBX136.82 Million | GBX139.62 Million | GBX2.80 Million | ▲ +0.0 pp |
| 2015 | 100.0% | GBX134.56 Million | GBX134.56 Million | GBX137.84 Million | GBX3.28 Million | ▲ +94.4 pp |
| 2014 | 5.6% | GBX6.92 Million | GBX123.19 Million | GBX7.18 Million | GBX253.04K | — |