Fitell Corporation Ordinary Shares Working Capital to Net Assets Ratio
Fitell Corporation Ordinary Shares working capital to net assets ratio. Fitell Corporation Ordinary Shares (FTEL) has a Working Capital to Net Assets ratio of 80.8% as of September 2025. Working capital of $7.43 Million (current assets of $9.59 Million minus current liabilities of $2.16 Million) is measured against net assets of $9.19 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check how tangible is Fitell Corporation Ordinary Shares's equity 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 Fitell Corporation Ordinary Shares (2020–2025)
Working capital to net assets ratio of Fitell Corporation Ordinary Shares from 2020 to 2025. This chart shows how Fitell Corporation Ordinary Shares's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of September 2025, the ratio stands at 80.8%, reflecting working capital of $7.43 Million against net assets of $9.19 Million USD. See FTEL defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Fitell Corporation Ordinary Shares Working Capital to Net Assets Ratio by Year (2020–2025)
Fitell Corporation Ordinary Shares working capital to net assets ratio by year from 2020 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Fitell Corporation Ordinary Shares from 2020 to 2025, covering 6 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 Fitell Corporation Ordinary Shares assets under control.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 80.8% | $7.43 Million | $9.19 Million | $9.59 Million | $2.16 Million | ▲ +4.2 pp |
| 2024 | 76.7% | $6.91 Million | $9.01 Million | $9.05 Million | $2.15 Million | ▲ +4.5 pp |
| 2023 | 72.2% | $4.63 Million | $6.42 Million | $6.76 Million | $2.13 Million | ▲ +45.2 pp |
| 2022 | 27.0% | $657.62K | $2.44 Million | $2.93 Million | $2.27 Million | ▼ -4.6 pp |
| 2021 | 31.6% | $787.92K | $2.49 Million | $3.60 Million | $2.81 Million | ▲ +8.7 pp |
| 2020 | 22.9% | $550.92K | $2.40 Million | $3.25 Million | $2.70 Million | — |