Elinoil Hellenic Petroleum Company S.A (ELIN) — Working Capital to Net Assets Ratio
Elinoil Hellenic Petroleum Company S.A (ELIN) has a Working Capital to Net Assets ratio of 68.9% as of December 2022. Working capital of €48.40 Million (current assets of €395.64 Million minus current liabilities of €347.24 Million) is measured against net assets of €70.23 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Elinoil Hellenic Petroleum Company S.A (ELIN) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Elinoil Hellenic Petroleum Company S.A Working Capital to Net Assets (2014–2022)
This chart shows how Elinoil Hellenic Petroleum Company 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 68.9%, reflecting working capital of €48.40 Million against net assets of €70.23 Million EUR. Check ELIN tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Elinoil Hellenic Petroleum Company S.A (2014–2022)
The table below presents the year-by-year Working Capital to Net Assets ratio for Elinoil Hellenic Petroleum Company 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. For live market cap and the full company profile, see how much is Elinoil Hellenic Petroleum Company S.A worth.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | 68.9% | €48.40 Million | €70.23 Million | €395.64 Million | €347.24 Million | ▲ +20.1 pp |
| 2021 | 48.8% | €29.19 Million | €59.85 Million | €171.60 Million | €142.41 Million | ▼ -7.7 pp |
| 2020 | 56.5% | €31.62 Million | €55.95 Million | €130.63 Million | €99.01 Million | ▲ +26.7 pp |
| 2018 | 29.8% | €15.30 Million | €51.30 Million | €169.13 Million | €153.83 Million | ▼ -0.4 pp |
| 2017 | 30.3% | €16.02 Million | €52.94 Million | €125.68 Million | €109.66 Million | ▼ -6.3 pp |
| 2016 | 36.5% | €18.26 Million | €49.97 Million | €120.82 Million | €102.56 Million | ▼ -1.3 pp |
| 2015 | 37.8% | €18.56 Million | €49.06 Million | €97.11 Million | €78.55 Million | ▲ +8.0 pp |
| 2014 | 29.8% | €13.52 Million | €45.38 Million | €91.30 Million | €77.78 Million | — |