Sidma S.A. Steel Products (SIDMA) — Working Capital to Net Assets Ratio

Latest as of December 2022: 194.9%

Sidma S.A. Steel Products (SIDMA) has a Working Capital to Net Assets ratio of 194.9% as of December 2022. Working capital of €42.63 Million (current assets of €121.51 Million minus current liabilities of €78.88 Million) is measured against net assets of €21.87 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Sidma S.A. Steel Products liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

WC/NA Ratio

194.9%
Working Capital / Net Assets

Working Capital

€42.63 Million
EUR

Current Assets

€121.51 Million
EUR

Current Liabilities

€78.88 Million
EUR

Sidma S.A. Steel Products Working Capital to Net Assets (2014–2022)

This chart shows how Sidma S.A. Steel Products'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 194.9%, reflecting working capital of €42.63 Million against net assets of €21.87 Million EUR. For the complete balance sheet picture, see SIDMA asset base.

Annual Working Capital to Net Assets for Sidma S.A. Steel Products (2014–2022)

The table below presents the year-by-year Working Capital to Net Assets ratio for Sidma S.A. Steel Products 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. Check SIDMA asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Year WC/NA Ratio Working Capital (EUR) Net Assets Current Assets Current Liabilities Change (pp)
2022 194.9% €42.63 Million €21.87 Million €121.51 Million €78.88 Million ▼ -125.0 pp
2021 319.9% €41.10 Million €12.85 Million €117.78 Million €76.68 Million ▼ -106.3 pp
2020 426.2% €-55.81 Million €-13.09 Million €87.40 Million €143.20 Million ▲ +141.3 pp
2018 284.9% €-68.47 Million €-24.03 Million €79.07 Million €147.53 Million ▼ -27.9 pp
2017 312.8% €-63.13 Million €-20.18 Million €77.17 Million €140.30 Million ▼ -81.6 pp
2016 394.4% €-70.00 Million €-17.75 Million €62.16 Million €132.16 Million ▼ -14.9 pp
2015 409.3% €-65.40 Million €-15.98 Million €64.42 Million €129.82 Million ▲ +310.9 pp
2014 98.3% €-8.79 Million €-8.94 Million €71.29 Million €80.09 Million
pp = percentage points