Spar Nord Bank Working Capital to Net Assets Ratio
Spar Nord Bank 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. Check SPNO goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Spar Nord Bank (2007–2023)
Working capital to net assets ratio of Spar Nord Bank from 2007 to 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. See SPNO defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Spar Nord Bank Working Capital to Net Assets Ratio by Year (2007–2023)
Spar Nord Bank working capital to net assets ratio by year from 2007 to 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 the complete balance sheet picture, see Spar Nord Bank (SPNO) total assets.
| 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 | — |