Technology Minerals PLC Working Capital to Net Assets Ratio
Technology Minerals PLC working capital to net assets ratio. Technology Minerals PLC (TM1) has a Working Capital to Net Assets ratio of -29.5% as of December 2024. Working capital of GBX-4.82 Million (current assets of GBX920.00K minus current liabilities of GBX5.74 Million) is measured against net assets of GBX16.32 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check TM1 tangible net worth ratio 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 Technology Minerals PLC (2021–2024)
Working capital to net assets ratio of Technology Minerals PLC from 2021 to 2024. This chart shows how Technology Minerals PLC's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2021 to 2024. As of December 2024, the ratio stands at -29.5%, reflecting working capital of GBX-4.82 Million against net assets of GBX16.32 Million GBX. See how many days can Technology Minerals PLC fund operations to measure how many days the company can operate on defensive assets alone.
Technology Minerals PLC Working Capital to Net Assets Ratio by Year (2021–2024)
Technology Minerals PLC working capital to net assets ratio by year from 2021 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Technology Minerals PLC from 2021 to 2024, covering 4 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 Technology Minerals PLC balance sheet assets.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -21.4% | GBX-3.28 Million | GBX15.35 Million | GBX1.35 Million | GBX4.63 Million | ▼ -21.2 pp |
| 2023 | -0.2% | GBX-39.00K | GBX21.68 Million | GBX399.00K | GBX438.00K | ▲ +0.7 pp |
| 2022 | -0.9% | GBX-185.00K | GBX20.99 Million | GBX438.00K | GBX623.00K | ▼ -15.9 pp |
| 2021 | 15.0% | GBX3.15 Million | GBX20.98 Million | GBX3.68 Million | GBX537.00K | — |