KIBO ENERGY PLC EO -001 (1I8) — Working Capital to Net Assets Ratio
KIBO ENERGY PLC EO -001 (1I8) has a Working Capital to Net Assets ratio of 170.7% as of June 2024. Working capital of €-3.56 Million (current assets of €272.38K minus current liabilities of €3.83 Million) is measured against net assets of €-2.09 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 1I8 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
KIBO ENERGY PLC EO -001 Working Capital to Net Assets (2021–2023)
This chart shows how KIBO ENERGY PLC EO -001's Working Capital to Net Assets ratio has evolved across 3 annual periods from 2021 to 2023. As of June 2024, the ratio stands at 170.7%, reflecting working capital of €-3.56 Million against net assets of €-2.09 Million EUR. For the complete balance sheet picture, see 1I8 asset base.
Annual Working Capital to Net Assets for KIBO ENERGY PLC EO -001 (2021–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for KIBO ENERGY PLC EO -001 from 2021 to 2023, covering 3 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. Read KIBO ENERGY PLC EO -001 debt and liabilities for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 240.0% | €-5.15 Million | €-2.14 Million | €306.33K | €5.45 Million | ▲ +524.6 pp |
| 2022 | -284.7% | €-4.22 Million | €1.48 Million | €391.11K | €4.61 Million | ▼ -285.8 pp |
| 2021 | 1.2% | €140.22K | €11.81 Million | €2.34 Million | €2.20 Million | — |