Graphex Group Limited (GRFX) — Working Capital to Net Assets Ratio
Graphex Group Limited (GRFX) has a Working Capital to Net Assets ratio of -29.9% as of June 2024. Working capital of $-98.52 Million (current assets of $269.31 Million minus current liabilities of $367.83 Million) is measured against net assets of $329.25 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See GRFX net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Graphex Group Limited Working Capital to Net Assets (2013–2023)
This chart shows how Graphex Group Limited's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2013 to 2023. As of June 2024, the ratio stands at -29.9%, reflecting working capital of $-98.52 Million against net assets of $329.25 Million USD. Check Graphex Group Limited tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Graphex Group Limited (2013–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Graphex Group Limited from 2013 to 2023, covering 11 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 live market cap and the full company profile, see market cap of Graphex Group Limited.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | -19.9% | $-73.67 Million | $369.64 Million | $246.50 Million | $320.17 Million | ▼ -5.6 pp |
| 2022 | -14.4% | $-53.08 Million | $369.84 Million | $235.12 Million | $288.19 Million | ▲ +20.9 pp |
| 2021 | -35.3% | $-67.38 Million | $191.01 Million | $306.49 Million | $373.87 Million | ▼ -3.0 pp |
| 2020 | -32.3% | $-54.43 Million | $168.53 Million | $262.51 Million | $316.94 Million | ▼ -45.7 pp |
| 2019 | 13.4% | $29.56 Million | $221.15 Million | $282.56 Million | $253.00 Million | ▼ -17.5 pp |
| 2018 | 30.9% | $31.04 Million | $100.42 Million | $194.61 Million | $163.57 Million | ▼ -65.2 pp |
| 2017 | 96.1% | $136.34 Million | $141.84 Million | $226.32 Million | $89.98 Million | ▲ +13.2 pp |
| 2016 | 82.9% | $141.93 Million | $171.19 Million | $201.21 Million | $59.27 Million | ▼ -6.3 pp |
| 2015 | 89.2% | $184.18 Million | $206.49 Million | $296.30 Million | $112.12 Million | ▼ -1.6 pp |
| 2014 | 90.8% | $170.44 Million | $187.77 Million | $250.27 Million | $79.83 Million | ▲ +1.3 pp |
| 2013 | 89.5% | $76.86 Million | $85.91 Million | $189.86 Million | $113.00 Million | — |