Pipe Works L. Girakian Profil S.A. (PROFK) — Working Capital to Net Assets Ratio

Latest as of June 2021: 88.9%

Pipe Works L. Girakian Profil S.A. (PROFK) has a Working Capital to Net Assets ratio of 88.9% as of June 2021. Working capital of €8.14 Million (current assets of €20.53 Million minus current liabilities of €12.40 Million) is measured against net assets of €9.15 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See PROFK net asset quality index to measure how much of total assets are equity-financed.

WC/NA Ratio

88.9%
Working Capital / Net Assets

Working Capital

€8.14 Million
EUR

Current Assets

€20.53 Million
EUR

Current Liabilities

€12.40 Million
EUR

Pipe Works L. Girakian Profil S.A. Working Capital to Net Assets (2014–2020)

This chart shows how Pipe Works L. Girakian Profil S.A.'s Working Capital to Net Assets ratio has evolved across 7 annual periods from 2014 to 2020. As of June 2021, the ratio stands at 88.9%, reflecting working capital of €8.14 Million against net assets of €9.15 Million EUR. Check Pipe Works L. Girakian Profil S.A. (PROFK) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Pipe Works L. Girakian Profil S.A. (2014–2020)

The table below presents the year-by-year Working Capital to Net Assets ratio for Pipe Works L. Girakian Profil S.A. from 2014 to 2020, covering 7 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 market value of Pipe Works L. Girakian Profil S.A..

Year WC/NA Ratio Working Capital (EUR) Net Assets Current Assets Current Liabilities Change (pp)
2020 102.4% €4.00 Million €3.91 Million €15.07 Million €11.08 Million ▲ +246.5 pp
2019 -144.2% €-5.22 Million €3.62 Million €11.51 Million €16.72 Million ▼ -202.2 pp
2018 58.1% €3.58 Million €6.17 Million €12.17 Million €8.59 Million ▼ -19.1 pp
2017 77.2% €5.37 Million €6.95 Million €11.65 Million €6.28 Million ▼ -401.2 pp
2016 478.4% €-1.15 Million €-240.91K €12.71 Million €13.87 Million ▼ -24312.4 pp
2015 24790.8% €-9.20 Million €-37.11K €11.80 Million €21.00 Million ▲ +25224.6 pp
2014 -433.7% €-8.58 Million €1.98 Million €10.93 Million €19.50 Million
pp = percentage points