Manx Financial Group PLC Working Capital to Net Assets Ratio
Manx Financial Group PLC working capital to net assets ratio. Manx Financial Group PLC (3IM) has a Working Capital to Net Assets ratio of 103.6% as of June 2023. Working capital of €33.18 Million (current assets of €367.74 Million minus current liabilities of €334.56 Million) is measured against net assets of €32.03 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Manx Financial Group PLC (3IM) tangible 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 Manx Financial Group PLC (2013–2021)
Working capital to net assets ratio of Manx Financial Group PLC from 2013 to 2021. This chart shows how Manx Financial Group PLC's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2013 to 2021. As of June 2023, the ratio stands at 103.6%, reflecting working capital of €33.18 Million against net assets of €32.03 Million EUR. See 3IM days of operational coverage to measure how many days the company can operate on defensive assets alone.
Manx Financial Group PLC Working Capital to Net Assets Ratio by Year (2013–2021)
Manx Financial Group PLC working capital to net assets ratio by year from 2013 to 2021. The table below presents the year-by-year Working Capital to Net Assets ratio for Manx Financial Group PLC from 2013 to 2021, covering 9 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 3IM asset base.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2021 | -16.2% | €-4.05 Million | €24.98 Million | €251.48 Million | €255.53 Million | ▼ -57.2 pp |
| 2020 | 41.0% | €9.20 Million | €22.43 Million | €229.37 Million | €220.17 Million | ▲ +107.4 pp |
| 2019 | -66.4% | €-14.82 Million | €22.32 Million | €196.49 Million | €211.31 Million | ▼ -70.4 pp |
| 2018 | 4.0% | €791.00K | €19.72 Million | €160.54 Million | €159.75 Million | ▼ -130.7 pp |
| 2017 | 134.7% | €23.49 Million | €17.44 Million | €168.50 Million | €145.01 Million | ▲ +167.0 pp |
| 2016 | -32.3% | €-4.25 Million | €13.17 Million | €124.32 Million | €128.56 Million | ▼ -42.9 pp |
| 2015 | 10.7% | €1.29 Million | €12.15 Million | €110.33 Million | €109.03 Million | ▲ +57.2 pp |
| 2014 | -46.6% | €-4.65 Million | €9.98 Million | €97.00 Million | €101.65 Million | ▼ -77.8 pp |
| 2013 | 31.2% | €2.66 Million | €8.53 Million | €81.35 Million | €78.69 Million | — |