Millennium Group International Holdings Limited Ordinary Shares (MGIH) — Working Capital to Net Assets Ratio
Millennium Group International Holdings Limited Ordinary Shares (MGIH) has a Working Capital to Net Assets ratio of 38.8% as of September 2025. Working capital of $9.66 Million (current assets of $20.81 Million minus current liabilities of $11.15 Million) is measured against net assets of $24.91 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See MGIH defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Millennium Group International Holdings Limited Ordinary Shares Working Capital to Net Assets (2020–2025)
This chart shows how Millennium Group International Holdings Limited 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 38.8%, reflecting working capital of $9.66 Million against net assets of $24.91 Million USD. For the complete balance sheet picture, see MGIH total assets.
Annual Working Capital to Net Assets for Millennium Group International Holdings Limited Ordinary Shares (2020–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Millennium Group International Holdings Limited 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. Read Millennium Group International Holdings debt and liabilities for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 38.8% | $9.66 Million | $24.91 Million | $20.81 Million | $11.15 Million | ▼ -11.6 pp |
| 2024 | 50.3% | $15.63 Million | $31.05 Million | $27.77 Million | $12.13 Million | ▼ -13.2 pp |
| 2023 | 63.5% | $25.36 Million | $39.92 Million | $44.45 Million | $19.09 Million | ▲ +7.4 pp |
| 2022 | 56.1% | $22.49 Million | $40.09 Million | $48.26 Million | $25.77 Million | ▲ +19.4 pp |
| 2021 | 36.7% | $11.20 Million | $30.50 Million | $52.48 Million | $41.28 Million | ▲ +25.5 pp |
| 2020 | 11.2% | $2.77 Million | $24.64 Million | $51.92 Million | $49.15 Million | — |