Opthea Limited (OPTEY) — Working Capital to Net Assets Ratio
Opthea Limited (OPTEY) has a Working Capital to Net Assets ratio of -31.0% as of December 2024. Working capital of $52.38 Million (current assets of $144.12 Million minus current liabilities of $91.75 Million) is measured against net assets of $-168.71 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See operational self-sufficiency of Opthea Limited to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Opthea Limited Working Capital to Net Assets (2022–2025)
This chart shows how Opthea Limited's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2022 to 2025. As of December 2024, the ratio stands at -31.0%, reflecting working capital of $52.38 Million against net assets of $-168.71 Million USD. For the complete balance sheet picture, see how large is Opthea Limited's balance sheet.
Annual Working Capital to Net Assets for Opthea Limited (2022–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Opthea Limited from 2022 to 2025, covering 4 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 OPTEY liabilities breakdown 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 | 100.0% | $-201.07 Million | $-201.07 Million | $56.80 Million | $257.87 Million | ▲ +263.7 pp |
| 2024 | -163.7% | $124.14 Million | $-75.81 Million | $188.19 Million | $64.06 Million | ▲ +1196.9 pp |
| 2023 | -1360.7% | $79.64 Million | $-5.85 Million | $98.39 Million | $18.74 Million | ▼ -1460.5 pp |
| 2022 | 99.8% | $47.87 Million | $47.98 Million | $59.91 Million | $12.04 Million | — |