Piraeus Financial Holdings S.A (TPEIR) — Working Capital to Net Assets Ratio

Latest as of December 2022: -737.3%

Piraeus Financial Holdings S.A (TPEIR) has a Working Capital to Net Assets ratio of -737.3% as of December 2022. Working capital of €-48.31 Billion (current assets of €10.06 Billion minus current liabilities of €58.37 Billion) is measured against net assets of €6.55 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See TPEIR net asset quality index to measure how much of total assets are equity-financed.

WC/NA Ratio

-737.3%
Working Capital / Net Assets

Working Capital

€-48.31 Billion
EUR

Current Assets

€10.06 Billion
EUR

Current Liabilities

€58.37 Billion
EUR

Piraeus Financial Holdings S.A Working Capital to Net Assets (2014–2022)

This chart shows how Piraeus Financial Holdings S.A's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2014 to 2022. As of December 2022, the ratio stands at -737.3%, reflecting working capital of €-48.31 Billion against net assets of €6.55 Billion EUR. Check Piraeus Financial Holdings S.A tangible equity quality to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Piraeus Financial Holdings S.A (2014–2022)

The table below presents the year-by-year Working Capital to Net Assets ratio for Piraeus Financial Holdings S.A from 2014 to 2022, covering 9 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 TPEIR market cap.

Year WC/NA Ratio Working Capital (EUR) Net Assets Current Assets Current Liabilities Change (pp)
2022 -737.3% €-48.31 Billion €6.55 Billion €10.06 Billion €58.37 Billion ▲ +103.0 pp
2021 -840.3% €-48.76 Billion €5.80 Billion €22.31 Billion €71.07 Billion ▼ -186.0 pp
2020 -654.2% €-46.80 Billion €7.15 Billion €14.98 Billion €61.78 Billion ▼ -121.0 pp
2019 -533.3% €-41.46 Billion €7.77 Billion €9.85 Billion €51.30 Billion ▲ +33.0 pp
2018 -566.3% €-42.51 Billion €7.51 Billion €10.09 Billion €52.60 Billion ▼ -87.3 pp
2017 -479.0% €-45.72 Billion €9.54 Billion €10.59 Billion €56.30 Billion ▲ +166.2 pp
2016 -645.3% €-63.39 Billion €9.82 Billion €6.90 Billion €70.29 Billion ▲ +32.8 pp
2015 -678.0% €-67.94 Billion €10.02 Billion €8.25 Billion €76.20 Billion ▲ +312.7 pp
2014 -990.8% €-72.55 Billion €7.32 Billion €6.96 Billion €79.51 Billion
pp = percentage points