Nova Minerals Limited Working Capital to Net Assets Ratio
Nova Minerals Limited working capital to net assets ratio. Nova Minerals Limited (NVA) has a Working Capital to Net Assets ratio of -1.2% as of September 2024. Working capital of $-27.54 Million (current assets of $189.90 Million minus current liabilities of $217.44 Million) is measured against net assets of $2.28 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Nova Minerals Limited (1989–2024)
Working capital to net assets ratio of Nova Minerals Limited from 1989 to 2024. This chart shows how Nova Minerals Limited's Working Capital to Net Assets ratio has evolved across 36 annual periods from 1989 to 2024. As of September 2024, the ratio stands at -1.2%, reflecting working capital of $-27.54 Million against net assets of $2.28 Billion USD. Explore how much of Nova Minerals Limited's assets are long-term investments to see how much of total assets are deployed in long-term investments.
Nova Minerals Limited Working Capital to Net Assets Ratio by Year (1989–2024)
Nova Minerals Limited working capital to net assets ratio by year from 1989 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Nova Minerals Limited from 1989 to 2024, covering 36 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 total assets of Nova Minerals Limited.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 0.3% | $7.00 Million | $2.12 Billion | $199.29 Million | $192.29 Million | ▼ -3.1 pp |
| 2023 | 3.5% | $67.19 Million | $1.94 Billion | $283.56 Million | $216.36 Million | ▲ +10.7 pp |
| 2022 | -7.3% | $-104.16 Million | $1.44 Billion | $88.54 Million | $192.69 Million | ▼ -2.9 pp |
| 2021 | -4.3% | $-50.10 Million | $1.16 Billion | $58.56 Million | $108.66 Million | ▼ -1.3 pp |
| 2020 | -3.1% | $-41.43 Million | $1.35 Billion | $83.70 Million | $125.14 Million | ▼ -2.4 pp |
| 2019 | -0.6% | $-8.75 Million | $1.41 Billion | $93.82 Million | $102.57 Million | ▲ +1.9 pp |
| 2018 | -2.5% | $-21.57 Million | $863.58 Million | $47.94 Million | $69.51 Million | ▲ +1.9 pp |
| 2017 | -4.4% | $-33.07 Million | $756.03 Million | $37.62 Million | $70.68 Million | ▼ -3.2 pp |
| 2016 | -1.2% | $-7.62 Million | $629.64 Million | $55.31 Million | $62.93 Million | ▼ -4.0 pp |
| 2015 | 2.8% | $19.44 Million | $687.65 Million | $70.41 Million | $50.97 Million | ▲ +9.9 pp |
| 2014 | -7.1% | $-50.01 Million | $707.79 Million | $31.92 Million | $81.93 Million | ▼ -5.6 pp |
| 2013 | -1.4% | $-9.41 Million | $656.06 Million | $32.48 Million | $41.88 Million | ▲ +2.1 pp |
| 2012 | -3.5% | $-26.68 Million | $755.55 Million | $50.35 Million | $77.03 Million | ▼ -2.8 pp |
| 2011 | -0.7% | $-6.19 Million | $900.33 Million | $55.74 Million | $61.93 Million | ▼ -2.4 pp |
| 2010 | 1.7% | $15.62 Million | $919.69 Million | $70.57 Million | $54.95 Million | ▼ -1.5 pp |
| 2009 | 3.2% | $25.70 Million | $811.30 Million | $81.36 Million | $55.66 Million | ▲ +4.0 pp |
| 2008 | -0.9% | $-3.21 Million | $370.29 Million | $30.46 Million | $33.68 Million | ▲ +4.1 pp |
| 2007 | -4.9% | $-14.60 Million | $296.51 Million | $25.95 Million | $40.55 Million | ▼ -5.2 pp |
| 2006 | 0.2% | $621.00K | $255.60 Million | $18.84 Million | $18.22 Million | ▲ +5.0 pp |
| 2005 | -4.7% | $-5.45 Million | $115.11 Million | $12.07 Million | $17.52 Million | ▲ +13.7 pp |
| 2004 | -18.4% | $-13.08 Million | $71.06 Million | $6.25 Million | $19.33 Million | ▲ +23.9 pp |
| 2003 | -42.3% | $-80.91K | $191.42K | $9.14K | $90.05K | ▼ -50.4 pp |
| 2002 | 8.1% | $-89.48K | $-1.11 Million | $48.29K | $137.77K | ▲ +29.3 pp |
| 2001 | -21.2% | $-78.29K | $368.59K | $13.48K | $91.77K | ▼ -264.6 pp |
| 2000 | 243.4% | $-3.93 Million | $-1.61 Million | $148.27K | $4.08 Million | ▲ +251.4 pp |
| 1999 | -8.0% | $-427.54K | $5.32 Million | $232.07K | $659.61K | ▼ -47.2 pp |
| 1998 | 39.2% | $5.68 Million | $14.50 Million | $5.96 Million | $276.00K | ▼ -28.9 pp |
| 1997 | 68.1% | $12.60 Million | $18.51 Million | $13.09 Million | $488.00K | ▲ +91.1 pp |
| 1996 | -23.0% | $-1.21 Million | $5.25 Million | $78.69K | $1.29 Million | ▼ -115.7 pp |
| 1995 | 92.6% | $-4.39 Million | $-4.74 Million | $47.00K | $4.43 Million | ▲ +50.9 pp |
| 1994 | 41.7% | $-942.00K | $-2.26 Million | $1.28 Million | $2.22 Million | ▼ -104.6 pp |
| 1993 | 146.3% | $-8.42 Million | $-5.75 Million | $25.00K | $8.44 Million | ▼ -8.1 pp |
| 1992 | 154.5% | $-6.75 Million | $-4.37 Million | $101.00K | $6.85 Million | ▲ +140.3 pp |
| 1991 | 14.1% | $-628.00K | $-4.44 Million | $90.00K | $718.00K | ▲ +826.1 pp |
| 1990 | -812.0% | $-203.00K | $25.00K | $1.73 Million | $1.93 Million | ▼ -924.1 pp |
| 1989 | 112.1% | $-6.35 Million | $-5.67 Million | $170.00K | $6.52 Million | — |