AXIS Capital Holdings Limited Working Capital to Net Assets Ratio
AXIS Capital Holdings Limited working capital to net assets ratio. AXIS Capital Holdings Limited (AXV) has a Working Capital to Net Assets ratio of -156.7% as of March 2023. Working capital of €-7.77 Billion (current assets of €12.53 Billion minus current liabilities of €20.30 Billion) is measured against net assets of €4.96 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check AXV intangible-adjusted 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 AXIS Capital Holdings Limited (2013–2022)
Working capital to net assets ratio of AXIS Capital Holdings Limited from 2013 to 2022. This chart shows how AXIS Capital Holdings Limited's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2013 to 2022. As of March 2023, the ratio stands at -156.7%, reflecting working capital of €-7.77 Billion against net assets of €4.96 Billion EUR. See AXIS Capital Holdings Limited defensive interval ratio to measure how many days the company can operate on defensive assets alone.
AXIS Capital Holdings Limited Working Capital to Net Assets Ratio by Year (2013–2022)
AXIS Capital Holdings Limited working capital to net assets ratio by year from 2013 to 2022. The table below presents the year-by-year Working Capital to Net Assets ratio for AXIS Capital Holdings Limited from 2013 to 2022, covering 10 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 balance sheet size of AXIS Capital Holdings Limited.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | 73.3% | €3.40 Billion | €4.64 Billion | €12.05 Billion | €8.65 Billion | ▲ +220.0 pp |
| 2021 | -146.7% | €-7.94 Billion | €5.41 Billion | €11.08 Billion | €19.02 Billion | ▼ -8.1 pp |
| 2020 | -138.6% | €-7.34 Billion | €5.30 Billion | €10.61 Billion | €17.95 Billion | ▼ -20.2 pp |
| 2019 | -118.3% | €-6.56 Billion | €5.54 Billion | €10.11 Billion | €16.67 Billion | ▲ +7.9 pp |
| 2018 | -126.2% | €-6.35 Billion | €5.03 Billion | €9.90 Billion | €16.25 Billion | ▲ +27.9 pp |
| 2017 | -154.1% | €-8.23 Billion | €5.34 Billion | €8.71 Billion | €16.93 Billion | ▼ -55.0 pp |
| 2016 | -99.1% | €-6.21 Billion | €6.27 Billion | €6.68 Billion | €12.89 Billion | ▲ +15.0 pp |
| 2015 | -114.1% | €-6.69 Billion | €5.87 Billion | €5.78 Billion | €12.47 Billion | ▲ +6.1 pp |
| 2014 | -120.2% | €-7.07 Billion | €5.88 Billion | €5.49 Billion | €12.56 Billion | ▲ +2.7 pp |
| 2013 | -122.9% | €-7.21 Billion | €5.87 Billion | €5.09 Billion | €12.30 Billion | — |