Graphex Group Limited Working Capital to Net Assets Ratio
Graphex Group Limited 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. Check GRFX goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Graphex Group Limited (2013–2023)
Working capital to net assets ratio of Graphex Group Limited from 2013 to 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. See Graphex Group Limited (GRFX) liquidity interval to measure how many days the company can operate on defensive assets alone.
Graphex Group Limited Working Capital to Net Assets Ratio by Year (2013–2023)
Graphex Group Limited working capital to net assets ratio by year from 2013 to 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 the complete balance sheet picture, see GRFX total assets.
| 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 | — |