Space Hellas SA (SPACE) — Working Capital to Net Assets Ratio
Space Hellas SA (SPACE) has a Working Capital to Net Assets ratio of 114.3% as of December 2024. Working capital of €35.30 Million (current assets of €130.78 Million minus current liabilities of €95.48 Million) is measured against net assets of €30.88 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Space Hellas SA leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Space Hellas SA Working Capital to Net Assets (2014–2024)
This chart shows how Space Hellas SA's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2014 to 2024. As of December 2024, the ratio stands at 114.3%, reflecting working capital of €35.30 Million against net assets of €30.88 Million EUR. See how many days can Space Hellas SA fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Space Hellas SA (2014–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Space Hellas SA from 2014 to 2024, covering 11 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 SPACE stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 114.3% | €35.30 Million | €30.88 Million | €130.78 Million | €95.48 Million | ▲ +58.8 pp |
| 2023 | 55.5% | €15.89 Million | €28.64 Million | €123.02 Million | €107.13 Million | ▼ -43.4 pp |
| 2022 | 98.9% | €26.74 Million | €27.03 Million | €117.09 Million | €90.36 Million | ▲ +27.5 pp |
| 2021 | 71.5% | €17.42 Million | €24.38 Million | €93.60 Million | €76.18 Million | ▼ -65.9 pp |
| 2020 | 137.4% | €24.84 Million | €18.08 Million | €73.41 Million | €48.57 Million | ▲ +65.6 pp |
| 2019 | 71.8% | €11.76 Million | €16.39 Million | €46.43 Million | €34.67 Million | ▲ +11.2 pp |
| 2018 | 60.5% | €9.16 Million | €15.14 Million | €38.32 Million | €29.16 Million | ▲ +26.3 pp |
| 2017 | 34.3% | €5.03 Million | €14.67 Million | €30.39 Million | €25.36 Million | ▲ +5.4 pp |
| 2016 | 28.9% | €3.98 Million | €13.79 Million | €27.65 Million | €23.67 Million | ▲ +15.7 pp |
| 2015 | 13.1% | €1.70 Million | €12.96 Million | €23.73 Million | €22.02 Million | ▼ -8.0 pp |
| 2014 | 21.2% | €2.89 Million | €13.63 Million | €25.28 Million | €22.39 Million | — |