Genetic Technologies Ltd Working Capital to Net Assets Ratio
Genetic Technologies Ltd working capital to net assets ratio. Genetic Technologies Ltd (GENE) has a Working Capital to Net Assets ratio of -27.3% as of June 2024. Working capital of $-500.09K (current assets of $3.70 Million minus current liabilities of $4.20 Million) is measured against net assets of $1.83 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check GENE goodwill-adjusted equity 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 Genetic Technologies Ltd (2000–2024)
Working capital to net assets ratio of Genetic Technologies Ltd from 2000 to 2024. This chart shows how Genetic Technologies Ltd's Working Capital to Net Assets ratio has evolved across 25 annual periods from 2000 to 2024. As of June 2024, the ratio stands at -27.3%, reflecting working capital of $-500.09K against net assets of $1.83 Million USD. See Genetic Technologies Ltd (GENE) defensive interval to measure how many days the company can operate on defensive assets alone.
Genetic Technologies Ltd Working Capital to Net Assets Ratio by Year (2000–2024)
Genetic Technologies Ltd working capital to net assets ratio by year from 2000 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Genetic Technologies Ltd from 2000 to 2024, covering 25 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 Genetic Technologies Ltd total assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -27.3% | $-500.09K | $1.83 Million | $3.70 Million | $4.20 Million | ▼ -91.7 pp |
| 2023 | 64.4% | $7.19 Million | $11.16 Million | $10.50 Million | $3.31 Million | ▼ -2.0 pp |
| 2022 | 66.4% | $10.91 Million | $16.43 Million | $14.72 Million | $3.81 Million | ▼ -30.4 pp |
| 2021 | 96.7% | $20.83 Million | $21.53 Million | $22.24 Million | $1.41 Million | ▼ -1.9 pp |
| 2020 | 98.6% | $13.80 Million | $13.99 Million | $15.19 Million | $1.40 Million | ▲ +2.5 pp |
| 2019 | 96.1% | $1.70 Million | $1.77 Million | $3.20 Million | $1.49 Million | ▼ -0.2 pp |
| 2018 | 96.4% | $4.54 Million | $4.71 Million | $5.99 Million | $1.45 Million | ▲ +0.3 pp |
| 2017 | 96.1% | $10.17 Million | $10.58 Million | $11.63 Million | $1.47 Million | ▲ +5.2 pp |
| 2016 | 90.9% | $10.80 Million | $11.88 Million | $12.13 Million | $1.33 Million | ▼ -3.2 pp |
| 2015 | 94.0% | $17.83 Million | $18.96 Million | $19.57 Million | $1.74 Million | ▼ -17.7 pp |
| 2014 | 111.8% | $2.04 Million | $1.83 Million | $4.36 Million | $2.32 Million | ▲ +108.4 pp |
| 2013 | 3.3% | $192.40K | $5.76 Million | $2.66 Million | $2.47 Million | ▼ -52.3 pp |
| 2012 | 55.7% | $8.02 Million | $14.40 Million | $9.95 Million | $1.93 Million | ▼ -6.4 pp |
| 2011 | 62.1% | $4.23 Million | $6.81 Million | $6.26 Million | $2.03 Million | ▲ +26.7 pp |
| 2010 | 35.4% | $2.02 Million | $5.72 Million | $4.50 Million | $2.48 Million | ▼ -9.4 pp |
| 2009 | 44.8% | $7.84 Million | $17.49 Million | $12.52 Million | $4.68 Million | ▼ -17.0 pp |
| 2008 | 61.8% | $12.87 Million | $20.83 Million | $15.93 Million | $3.05 Million | ▲ +0.3 pp |
| 2007 | 61.5% | $10.40 Million | $16.90 Million | $13.65 Million | $3.25 Million | ▲ +6.0 pp |
| 2006 | 55.5% | $10.15 Million | $18.27 Million | $13.09 Million | $2.95 Million | ▼ -9.4 pp |
| 2005 | 64.9% | $14.77 Million | $22.75 Million | $19.68 Million | $4.90 Million | ▲ +16.1 pp |
| 2004 | 48.9% | $8.34 Million | $17.07 Million | $12.96 Million | $4.62 Million | ▲ +32.7 pp |
| 2003 | 16.1% | $4.41 Million | $27.28 Million | $7.37 Million | $2.97 Million | ▼ -4.3 pp |
| 2002 | 20.5% | $6.38 Million | $31.14 Million | $8.25 Million | $1.86 Million | ▲ +15.9 pp |
| 2001 | 4.6% | $1.76 Million | $38.07 Million | $3.38 Million | $1.62 Million | ▼ -49.9 pp |
| 2000 | 54.5% | $4.13 Million | $7.58 Million | $5.40 Million | $1.27 Million | — |