Afcon Holdings Ltd (AFHL) — Working Capital to Net Assets Ratio
Afcon Holdings Ltd (AFHL) has a Working Capital to Net Assets ratio of 65.3% as of September 2025. Working capital of ILA390.66 Million (current assets of ILA1.18 Billion minus current liabilities of ILA787.29 Million) is measured against net assets of ILA598.71 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Afcon Holdings Ltd balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Afcon Holdings Ltd Working Capital to Net Assets (2012–2024)
This chart shows how Afcon Holdings Ltd's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 65.3%, reflecting working capital of ILA390.66 Million against net assets of ILA598.71 Million ILA. Check AFHL tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Afcon Holdings Ltd (2012–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Afcon Holdings Ltd from 2012 to 2024, covering 13 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 AFHL market cap overview.
| Year | WC/NA Ratio | Working Capital (ILA) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 42.4% | ILA233.85 Million | ILA551.72 Million | ILA1.15 Billion | ILA918.81 Million | ▼ -4.9 pp |
| 2023 | 47.3% | ILA224.89 Million | ILA475.25 Million | ILA1.15 Billion | ILA924.45 Million | ▼ -7.7 pp |
| 2022 | 55.0% | ILA263.67 Million | ILA479.27 Million | ILA1.19 Billion | ILA924.36 Million | ▼ -33.3 pp |
| 2021 | 88.3% | ILA487.30 Million | ILA551.58 Million | ILA1.34 Billion | ILA857.06 Million | ▼ -24.4 pp |
| 2020 | 112.8% | ILA561.56 Million | ILA497.92 Million | ILA1.36 Billion | ILA803.29 Million | ▲ +39.8 pp |
| 2019 | 73.0% | ILA349.36 Million | ILA478.61 Million | ILA1.11 Billion | ILA764.76 Million | ▲ +3.6 pp |
| 2018 | 69.4% | ILA295.06 Million | ILA425.19 Million | ILA1.02 Billion | ILA725.25 Million | ▼ -9.0 pp |
| 2017 | 78.4% | ILA299.19 Million | ILA381.82 Million | ILA1.01 Billion | ILA707.15 Million | ▼ -9.3 pp |
| 2016 | 87.6% | ILA309.67 Million | ILA353.38 Million | ILA1.04 Billion | ILA735.25 Million | ▲ +9.8 pp |
| 2015 | 77.9% | ILA259.40 Million | ILA333.13 Million | ILA831.98 Million | ILA572.59 Million | ▲ +10.6 pp |
| 2014 | 67.3% | ILA191.19 Million | ILA284.25 Million | ILA687.44 Million | ILA496.26 Million | ▼ -12.8 pp |
| 2013 | 80.1% | ILA203.43 Million | ILA254.13 Million | ILA654.66 Million | ILA451.23 Million | ▲ +25.2 pp |
| 2012 | 54.8% | ILA125.30 Million | ILA228.45 Million | ILA578.09 Million | ILA452.79 Million | — |