CERTIVE SOLUTIONS INC. Working Capital to Net Assets Ratio
CERTIVE SOLUTIONS INC. 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 5CE net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of CERTIVE SOLUTIONS INC. (2021–2023)
Working capital to net assets ratio of CERTIVE SOLUTIONS INC. from 2021 to 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. See 5CE days of operational coverage to measure how many days the company can operate on defensive assets alone.
CERTIVE SOLUTIONS INC. Working Capital to Net Assets Ratio by Year (2021–2023)
CERTIVE SOLUTIONS INC. working capital to net assets ratio by year from 2021 to 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. For the complete balance sheet picture, see CERTIVE SOLUTIONS INC. (5CE) total assets.
| 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 | — |