TCM Group (TCM) — Working Capital to Net Assets Ratio
TCM Group (TCM) has a Working Capital to Net Assets ratio of -9.6% as of December 2025. Working capital of Dkr-60.26 Million (current assets of Dkr265.83 Million minus current liabilities of Dkr326.09 Million) is measured against net assets of Dkr628.75 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See TCM Group balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
TCM Group Working Capital to Net Assets (2012–2025)
This chart shows how TCM Group's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of December 2025, the ratio stands at -9.6%, reflecting working capital of Dkr-60.26 Million against net assets of Dkr628.75 Million DKK. Check tangible equity quality of TCM Group to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for TCM Group (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for TCM Group from 2012 to 2025, 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 cap of TCM Group.
| Year | WC/NA Ratio | Working Capital (DKK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -9.6% | Dkr-60.26 Million | Dkr628.75 Million | Dkr265.83 Million | Dkr326.09 Million | ▼ -5.8 pp |
| 2024 | -3.7% | Dkr-22.06 Million | Dkr589.48 Million | Dkr212.84 Million | Dkr234.90 Million | ▲ +17.7 pp |
| 2023 | -21.4% | Dkr-113.41 Million | Dkr529.65 Million | Dkr221.06 Million | Dkr334.46 Million | ▲ +41.0 pp |
| 2022 | -62.4% | Dkr-262.64 Million | Dkr420.63 Million | Dkr159.21 Million | Dkr421.85 Million | ▼ -7.5 pp |
| 2021 | -55.0% | Dkr-230.77 Million | Dkr419.69 Million | Dkr159.02 Million | Dkr389.79 Million | ▼ -59.6 pp |
| 2020 | 4.6% | Dkr26.23 Million | Dkr574.37 Million | Dkr239.51 Million | Dkr213.27 Million | ▲ +0.6 pp |
| 2019 | 4.0% | Dkr18.84 Million | Dkr472.74 Million | Dkr229.98 Million | Dkr211.14 Million | ▲ +8.1 pp |
| 2018 | -4.1% | Dkr-16.69 Million | Dkr408.84 Million | Dkr196.12 Million | Dkr212.81 Million | ▲ +14.1 pp |
| 2017 | -18.2% | Dkr-55.42 Million | Dkr304.78 Million | Dkr151.27 Million | Dkr206.68 Million | ▼ -15.3 pp |
| 2016 | -2.9% | Dkr-9.90 Million | Dkr339.90 Million | Dkr164.30 Million | Dkr174.20 Million | ▼ -38.2 pp |
| 2015 | 35.3% | Dkr64.80 Million | Dkr183.70 Million | Dkr175.30 Million | Dkr110.50 Million | ▲ +27.4 pp |
| 2014 | 7.8% | Dkr10.60 Million | Dkr135.40 Million | Dkr123.30 Million | Dkr112.70 Million | ▲ +24.5 pp |
| 2013 | -16.7% | Dkr-18.60 Million | Dkr111.35 Million | Dkr60.08 Million | Dkr78.69 Million | ▼ -39.5 pp |
| 2012 | 22.8% | Dkr21.43 Million | Dkr93.93 Million | Dkr92.83 Million | Dkr71.40 Million | — |