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 Graphex Group Limited (GRFX) liquidity interval to measure how many days the company can operate on defensive assets alone.
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. For the complete balance sheet picture, see GRFX current and non-current assets.
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. Check Graphex Group Limited liquidity resilience to evaluate the company's liquid asset resilience ratio.
| 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 | — |