Spar Nord Bank (SPNO) — Working Capital to Net Assets Ratio
Spar Nord Bank (SPNO) has a Working Capital to Net Assets ratio of -484.1% as of September 2024. Working capital of Dkr-63.21 Billion (current assets of Dkr1.10 Billion minus current liabilities of Dkr64.31 Billion) is measured against net assets of Dkr13.06 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See SPNO net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Spar Nord Bank Working Capital to Net Assets (2007–2023)
This chart shows how Spar Nord Bank's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2007 to 2023. As of September 2024, the ratio stands at -484.1%, reflecting working capital of Dkr-63.21 Billion against net assets of Dkr13.06 Billion DKK. Check SPNO goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Spar Nord Bank (2007–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Spar Nord Bank from 2007 to 2023, covering 14 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 Spar Nord Bank.
| Year | WC/NA Ratio | Working Capital (DKK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | -486.3% | Dkr-67.98 Billion | Dkr13.98 Billion | Dkr1.72 Billion | Dkr69.69 Billion | ▼ -519.9 pp |
| 2022 | 33.6% | Dkr4.19 Billion | Dkr12.47 Billion | Dkr4.27 Billion | Dkr79.00 Million | ▲ +1.6 pp |
| 2021 | 32.0% | Dkr3.81 Billion | Dkr11.92 Billion | Dkr3.85 Billion | Dkr36.00 Million | ▲ +3.0 pp |
| 2020 | 28.9% | Dkr3.01 Billion | Dkr10.39 Billion | Dkr3.03 Billion | Dkr22.00 Million | ▼ -10.3 pp |
| 2019 | 39.2% | Dkr3.83 Billion | Dkr9.76 Billion | Dkr3.85 Billion | Dkr24.00 Million | ▲ +1.5 pp |
| 2018 | 37.7% | Dkr3.49 Billion | Dkr9.24 Billion | Dkr3.50 Billion | Dkr18.00 Million | ▲ +3.5 pp |
| 2017 | 34.2% | Dkr3.07 Billion | Dkr8.97 Billion | Dkr3.08 Billion | Dkr12.00 Million | ▼ -2.6 pp |
| 2016 | 36.8% | Dkr3.18 Billion | Dkr8.63 Billion | Dkr3.20 Billion | Dkr18.80 Million | ▼ -13.6 pp |
| 2015 | 50.4% | Dkr3.98 Billion | Dkr7.89 Billion | Dkr4.02 Billion | Dkr45.10 Million | ▼ -27.2 pp |
| 2014 | 77.7% | Dkr5.46 Billion | Dkr7.03 Billion | Dkr5.59 Billion | Dkr124.10 Million | ▲ +20.8 pp |
| 2013 | 56.8% | Dkr3.71 Billion | Dkr6.53 Billion | Dkr3.92 Billion | Dkr206.40 Million | ▼ -52.8 pp |
| 2012 | 109.6% | Dkr6.55 Billion | Dkr5.98 Billion | Dkr6.78 Billion | Dkr230.20 Million | ▲ +763.2 pp |
| 2009 | -653.6% | Dkr-27.08 Billion | Dkr4.14 Billion | Dkr4.86 Billion | Dkr31.93 Billion | ▼ -132.1 pp |
| 2007 | -521.5% | Dkr-21.58 Billion | Dkr4.14 Billion | Dkr5.81 Billion | Dkr27.39 Billion | — |