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 5CE equity financing ratio to measure how much of total assets are equity-financed.
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. See 5CE defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
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. For live market cap and the full company profile, see CERTIVE SOLUTIONS INC. market cap and net worth.
| 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 | — |