Top Systems-L (TOPS) — Working Capital to Net Assets Ratio
Top Systems-L (TOPS) has a Working Capital to Net Assets ratio of -12.0% as of June 2025. Working capital of ILA-10.01 Million (current assets of ILA161.45 Million minus current liabilities of ILA171.46 Million) is measured against net assets of ILA83.21 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See TOPS equity to assets ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Top Systems-L Working Capital to Net Assets (2012–2024)
This chart shows how Top Systems-L's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2012 to 2024. As of June 2025, the ratio stands at -12.0%, reflecting working capital of ILA-10.01 Million against net assets of ILA83.21 Million ILA. Check TOPS intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Top Systems-L (2012–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Top Systems-L 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 Top Systems-L (TOPS) market capitalisation.
| Year | WC/NA Ratio | Working Capital (ILA) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 7.0% | ILA5.91 Million | ILA83.81 Million | ILA188.26 Million | ILA182.35 Million | ▲ +25.8 pp |
| 2023 | -18.7% | ILA-13.79 Million | ILA73.56 Million | ILA144.63 Million | ILA158.42 Million | ▼ -10.7 pp |
| 2022 | -8.0% | ILA-5.43 Million | ILA67.61 Million | ILA118.11 Million | ILA123.55 Million | ▼ -8.6 pp |
| 2021 | 0.6% | ILA359.00K | ILA58.73 Million | ILA92.50 Million | ILA92.14 Million | ▼ -25.3 pp |
| 2020 | 25.9% | ILA12.60 Million | ILA48.56 Million | ILA77.42 Million | ILA64.82 Million | ▲ +17.5 pp |
| 2019 | 8.5% | ILA3.56 Million | ILA41.89 Million | ILA63.03 Million | ILA59.48 Million | ▲ +4.4 pp |
| 2018 | 4.1% | ILA1.54 Million | ILA37.23 Million | ILA58.26 Million | ILA56.72 Million | ▼ -0.1 pp |
| 2017 | 4.3% | ILA1.45 Million | ILA33.78 Million | ILA50.20 Million | ILA48.76 Million | ▼ -32.7 pp |
| 2016 | 37.0% | ILA10.08 Million | ILA27.25 Million | ILA38.88 Million | ILA28.80 Million | ▲ +7.5 pp |
| 2015 | 29.5% | ILA7.21 Million | ILA24.41 Million | ILA33.00 Million | ILA25.80 Million | ▲ +14.4 pp |
| 2014 | 15.1% | ILA2.92 Million | ILA19.32 Million | ILA28.77 Million | ILA25.85 Million | ▲ +2.8 pp |
| 2013 | 12.3% | ILA2.15 Million | ILA17.46 Million | ILA24.62 Million | ILA22.47 Million | ▼ -1.0 pp |
| 2012 | 13.3% | ILA1.95 Million | ILA14.63 Million | ILA20.91 Million | ILA18.96 Million | — |