CERTIVE SOLUTIONS INC. (5CE) — Working Capital to Net Assets Ratio
CERTIVE SOLUTIONS INC. (5CE) has a Working Capital to Net Assets ratio of 89.8% as of May 2023. Working capital of €-9.40 Million (current assets of €382.06K minus current liabilities of €9.78 Million) is measured against net assets of €-10.47 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can CERTIVE SOLUTIONS INC. fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
CERTIVE SOLUTIONS INC. Working Capital to Net Assets (2021–2023)
This chart shows how CERTIVE SOLUTIONS INC.'s Working Capital to Net Assets ratio has evolved across 3 annual periods from 2021 to 2023. As of May 2023, the ratio stands at 89.8%, reflecting working capital of €-9.40 Million against net assets of €-10.47 Million EUR. For the complete balance sheet picture, see 5CE current and non-current assets.
Annual Working Capital to Net Assets for CERTIVE SOLUTIONS INC. (2021–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for CERTIVE SOLUTIONS INC. 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 CERTIVE SOLUTIONS INC. balance sheet 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 | 89.8% | €-9.40 Million | €-10.47 Million | €382.06K | €9.78 Million | ▲ +13.6 pp |
| 2022 | 76.1% | €-6.93 Million | €-9.11 Million | €457.89K | €7.39 Million | ▼ -24.8 pp |
| 2021 | 101.0% | €-7.82 Million | €-7.74 Million | €483.34K | €8.30 Million | — |