Elve S.A (ELBE) — Working Capital to Net Assets Ratio

Elve S.A (ELBE) has a Working Capital to Net Assets ratio of 56.8% as of December 2022. Working capital of €10.70 Million (current assets of €13.54 Million minus current liabilities of €2.84 Million) is measured against net assets of €18.83 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Elve S.A (ELBE) defensive interval to measure how many days the company can operate on defensive assets alone.