Green Hydrogen Systems AS Working Capital to Net Assets Ratio
Green Hydrogen Systems AS working capital to net assets ratio. Green Hydrogen Systems AS (GREENH) has a Working Capital to Net Assets ratio of -24.2% as of June 2024. Working capital of Dkr-162.66 Million (current assets of Dkr972.33 Million minus current liabilities of Dkr1.13 Billion) is measured against net assets of Dkr673.08 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Green Hydrogen Systems AS (2017–2023)
Working capital to net assets ratio of Green Hydrogen Systems AS from 2017 to 2023. This chart shows how Green Hydrogen Systems AS's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2017 to 2023. As of June 2024, the ratio stands at -24.2%, reflecting working capital of Dkr-162.66 Million against net assets of Dkr673.08 Million DKK. See Green Hydrogen Systems AS defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Green Hydrogen Systems AS Working Capital to Net Assets Ratio by Year (2017–2023)
Green Hydrogen Systems AS working capital to net assets ratio by year from 2017 to 2023. The table below presents the year-by-year Working Capital to Net Assets ratio for Green Hydrogen Systems AS from 2017 to 2023, 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 the complete balance sheet picture, see Green Hydrogen Systems AS (GREENH) total assets.
| Year | WC/NA Ratio | Working Capital (DKK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | -36.3% | Dkr-319.87 Million | Dkr881.83 Million | Dkr781.60 Million | Dkr1.10 Billion | ▼ -14.0 pp |
| 2022 | -22.3% | Dkr-192.16 Million | Dkr862.05 Million | Dkr491.21 Million | Dkr683.37 Million | ▼ -44.1 pp |
| 2021 | 21.8% | Dkr255.31 Million | Dkr1.17 Billion | Dkr374.54 Million | Dkr119.22 Million | ▲ +3014.9 pp |
| 2020 | -2993.1% | Dkr122.03 Million | Dkr-4.08 Million | Dkr175.06 Million | Dkr53.03 Million | ▼ -3075.2 pp |
| 2019 | 82.1% | Dkr16.85 Million | Dkr20.53 Million | Dkr33.29 Million | Dkr16.43 Million | ▲ +2009.8 pp |
| 2018 | -1927.7% | Dkr-2.64 Million | Dkr137.00K | Dkr8.80 Million | Dkr11.44 Million | ▼ -1804.4 pp |
| 2017 | -123.3% | Dkr-1.14 Million | Dkr926.00K | Dkr5.03 Million | Dkr6.17 Million | — |