Phoenix Asia Holdings Limited Ordinary Shares (PHOE) — Working Capital to Net Assets Ratio
Phoenix Asia Holdings Limited Ordinary Shares (PHOE) has a Working Capital to Net Assets ratio of 89.4% as of June 2025. Working capital of $2.78 Million (current assets of $5.02 Million minus current liabilities of $2.24 Million) is measured against net assets of $3.11 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See PHOE cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Phoenix Asia Holdings Limited Ordinary Shares Working Capital to Net Assets (2023–2025)
This chart shows how Phoenix Asia Holdings Limited Ordinary Shares's Working Capital to Net Assets ratio has evolved across 3 annual periods from 2023 to 2025. As of June 2025, the ratio stands at 89.4%, reflecting working capital of $2.78 Million against net assets of $3.11 Million USD. For the complete balance sheet picture, see Phoenix Asia Holdings Limited Ordinary S (PHOE) total assets.
Annual Working Capital to Net Assets for Phoenix Asia Holdings Limited Ordinary Shares (2023–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Phoenix Asia Holdings Limited Ordinary Shares from 2023 to 2025, covering 3 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 Phoenix Asia Holdings Limited Ordinary S (PHOE) total 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 | 89.4% | $2.78 Million | $3.11 Million | $5.02 Million | $2.24 Million | ▲ +1.8 pp |
| 2024 | 87.7% | $1.50 Million | $1.71 Million | $3.46 Million | $1.97 Million | ▲ +5.1 pp |
| 2023 | 82.6% | $538.23K | $651.96K | $1.39 Million | $852.86K | — |