Akritas S.A (AKRIT) — Working Capital to Net Assets Ratio

Latest as of December 2022: 910.2%

Akritas S.A (AKRIT) has a Working Capital to Net Assets ratio of 910.2% as of December 2022. Working capital of €-34.61 Million (current assets of €16.03 Million minus current liabilities of €50.63 Million) is measured against net assets of €-3.80 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. For the complete balance sheet picture, see Akritas S.A balance sheet assets.

WC/NA Ratio

910.2%
Working Capital / Net Assets

Working Capital

€-34.61 Million
EUR

Current Assets

€16.03 Million
EUR

Current Liabilities

€50.63 Million
EUR

Akritas S.A Working Capital to Net Assets (2014–2022)

This chart shows how Akritas S.A's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2014 to 2022. As of December 2022, the ratio stands at 910.2%, reflecting working capital of €-34.61 Million against net assets of €-3.80 Million EUR. Explore capital reinvestment ratio of Akritas S.A to see what proportion of operating cash flow is directed to capital expenditures.

Annual Working Capital to Net Assets for Akritas S.A (2014–2022)

The table below presents the year-by-year Working Capital to Net Assets ratio for Akritas S.A from 2014 to 2022, covering 8 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. Read AKRIT current and long-term liabilities for a breakdown of total debt and financial obligations.

Year WC/NA Ratio Working Capital (EUR) Net Assets Current Assets Current Liabilities Change (pp)
2022 910.2% €-34.61 Million €-3.80 Million €16.03 Million €50.63 Million ▲ +782.6 pp
2021 127.7% €-5.77 Million €-4.52 Million €13.11 Million €18.88 Million ▲ +51.4 pp
2020 76.3% €-3.16 Million €-4.15 Million €16.70 Million €19.86 Million ▲ +42.8 pp
2018 33.5% €-3.07 Million €-9.15 Million €13.50 Million €16.56 Million ▼ -410.2 pp
2017 443.7% €-51.46 Million €-11.60 Million €14.00 Million €65.45 Million ▼ -289.9 pp
2016 733.6% €-47.00 Million €-6.41 Million €15.12 Million €62.12 Million ▲ +7445.5 pp
2015 -6711.8% €-42.10 Million €627.25K €13.81 Million €55.91 Million ▼ -6592.8 pp
2014 -119.0% €-13.40 Million €11.25 Million €19.86 Million €33.26 Million
pp = percentage points