Metals Acquisition Corp. II (MTAL) — Working Capital to Net Assets Ratio
Metals Acquisition Corp. II (MTAL) has a Working Capital to Net Assets ratio of 0.9% as of March 2026. Working capital of $2.09 Million (current assets of $2.26 Million minus current liabilities of $171.62K) is measured against net assets of $223.30 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. For the complete balance sheet picture, see MTAL asset base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Metals Acquisition Corp. II Working Capital to Net Assets (2021–2025)
This chart shows how Metals Acquisition Corp. II's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2021 to 2025. As of March 2026, the ratio stands at 0.9%, reflecting working capital of $2.09 Million against net assets of $223.30 Million USD. Explore MTAL capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
Annual Working Capital to Net Assets for Metals Acquisition Corp. II (2021–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Metals Acquisition Corp. II from 2021 to 2025, covering 5 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. Explore Metals Acquisition Corp. II strategic investment ratio to see how much of total assets are deployed in long-term investments.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -2949.6% | $-103.56K | $3.51K | $25.00K | $128.56K | ▼ -2953.5 pp |
| 2024 | 3.8% | $21.81 Million | $566.96 Million | $207.94 Million | $186.13 Million | ▲ +79.2 pp |
| 2023 | -75.4% | $-201.97 Million | $268.03 Million | $88.94 Million | $290.91 Million | ▼ -68.0 pp |
| 2022 | -7.3% | $-17.94 Million | $244.52 Million | $296.00K | $18.23 Million | ▼ -7.6 pp |
| 2021 | 0.3% | $690.77K | $248.31 Million | $1.30 Million | $604.47K | — |