Brainsway Ltd (BWAY) — Working Capital to Net Assets Ratio
Brainsway Ltd (BWAY) has a Working Capital to Net Assets ratio of 72.7% as of March 2026. Working capital of $55.07 Million (current assets of $78.63 Million minus current liabilities of $23.55 Million) is measured against net assets of $75.80 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Brainsway Ltd free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Brainsway Ltd Working Capital to Net Assets (2012–2025)
This chart shows how Brainsway Ltd's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of March 2026, the ratio stands at 72.7%, reflecting working capital of $55.07 Million against net assets of $75.80 Million USD. See Brainsway Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Brainsway Ltd (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Brainsway Ltd from 2012 to 2025, 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 Brainsway Ltd market cap and net worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 85.7% | $62.73 Million | $73.22 Million | $84.89 Million | $22.16 Million | ▼ -17.6 pp |
| 2024 | 103.2% | $64.32 Million | $62.31 Million | $79.67 Million | $15.35 Million | ▼ -6.7 pp |
| 2023 | 109.9% | $45.70 Million | $41.58 Million | $55.47 Million | $9.76 Million | ▼ -0.1 pp |
| 2022 | 110.0% | $49.95 Million | $45.40 Million | $58.09 Million | $8.14 Million | ▲ +11.7 pp |
| 2021 | 98.4% | $56.38 Million | $57.33 Million | $65.45 Million | $9.07 Million | ▲ +9.2 pp |
| 2020 | 89.1% | $17.50 Million | $19.63 Million | $24.30 Million | $6.80 Million | ▼ -2.2 pp |
| 2019 | 91.3% | $22.11 Million | $24.22 Million | $28.83 Million | $6.72 Million | ▲ +17.4 pp |
| 2018 | 73.9% | $5.14 Million | $6.95 Million | $13.48 Million | $8.34 Million | ▼ -18.5 pp |
| 2017 | 92.4% | $11.75 Million | $12.72 Million | $17.89 Million | $6.13 Million | ▲ +7.7 pp |
| 2016 | 84.7% | $8.71 Million | $10.29 Million | $13.11 Million | $4.39 Million | ▲ +7.4 pp |
| 2015 | 77.3% | $9.97 Million | $12.89 Million | $14.86 Million | $4.90 Million | ▼ -14.9 pp |
| 2014 | 92.2% | $14.36 Million | $15.58 Million | $19.83 Million | $5.47 Million | ▲ +25.4 pp |
| 2013 | 66.7% | $9.78 Million | $14.65 Million | $12.97 Million | $3.20 Million | ▼ -37.6 pp |
| 2012 | 104.4% | $8.26 Million | $7.92 Million | $9.94 Million | $1.68 Million | — |