Incannex Healthcare Ltd ADR Working Capital to Net Assets Ratio
Incannex Healthcare Ltd ADR working capital to net assets ratio. Incannex Healthcare Ltd ADR (IXHL) has a Working Capital to Net Assets ratio of 103.9% as of March 2026. Working capital of $78.17 Million (current assets of $80.09 Million minus current liabilities of $1.93 Million) is measured against net assets of $75.23 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Incannex Healthcare Ltd ADR (2006–2025)
Working capital to net assets ratio of Incannex Healthcare Ltd ADR from 2006 to 2025. This chart shows how Incannex Healthcare Ltd ADR's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2006 to 2025. As of March 2026, the ratio stands at 103.9%, reflecting working capital of $78.17 Million against net assets of $75.23 Million USD. Explore IXHL long-term investment intensity to see how much of total assets are deployed in long-term investments.
Incannex Healthcare Ltd ADR Working Capital to Net Assets Ratio by Year (2006–2025)
Incannex Healthcare Ltd ADR working capital to net assets ratio by year from 2006 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Incannex Healthcare Ltd ADR from 2006 to 2025, covering 20 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 how large is Incannex Healthcare Ltd ADR's balance sheet.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 96.9% | $12.98 Million | $13.39 Million | $19.96 Million | $6.98 Million | ▲ +2.6 pp |
| 2024 | 94.3% | $10.58 Million | $11.22 Million | $16.20 Million | $5.62 Million | ▼ -3.8 pp |
| 2023 | 98.2% | $30.77 Million | $31.34 Million | $34.61 Million | $3.84 Million | ▼ -1.8 pp |
| 2022 | 100.0% | $36.00 Million | $36.00 Million | $38.01 Million | $2.02 Million | ▲ +0.0 pp |
| 2021 | 100.0% | $6.44 Million | $6.44 Million | $7.01 Million | $567.30K | ▲ +0.0 pp |
| 2020 | 100.0% | $2.17 Million | $2.17 Million | $2.91 Million | $736.35K | ▼ -32.3 pp |
| 2019 | 132.3% | $-554.26K | $-418.90K | $384.69K | $938.95K | ▼ -11.7 pp |
| 2018 | 144.0% | $-554.91K | $-385.29K | $541.89K | $1.10 Million | ▲ +184.2 pp |
| 2017 | -40.2% | $68.09K | $-169.45K | $842.44K | $774.35K | ▼ -173.1 pp |
| 2016 | 132.9% | $-931.09K | $-700.36K | $114.21K | $1.05 Million | ▲ +32.9 pp |
| 2015 | 100.0% | $478.47K | $478.47K | $6.30 Million | $5.82 Million | ▲ +88.3 pp |
| 2014 | 11.7% | $203.42K | $1.74 Million | $461.12K | $257.69K | ▲ +11.5 pp |
| 2013 | 0.2% | $22.99K | $13.55 Million | $2.04 Million | $2.02 Million | ▲ +7.0 pp |
| 2012 | -6.9% | $-1.38 Million | $20.10 Million | $932.35K | $2.31 Million | ▲ +1.3 pp |
| 2011 | -8.1% | $-1.24 Million | $15.23 Million | $1.14 Million | $2.38 Million | ▼ -11.9 pp |
| 2010 | 3.8% | $465.53K | $12.29 Million | $1.71 Million | $1.25 Million | ▲ +4.2 pp |
| 2009 | -0.4% | $-24.60K | $6.58 Million | $165.29K | $189.89K | ▼ -3.4 pp |
| 2008 | 3.1% | $290.64K | $9.51 Million | $1.27 Million | $979.10K | ▼ -70.1 pp |
| 2007 | 73.1% | $4.86 Million | $6.64 Million | $4.98 Million | $119.58K | ▲ +91.8 pp |
| 2006 | -18.6% | $-250.14K | $1.34 Million | $92.94K | $343.08K | — |