Essent Group Ltd. (EG0) — Working Capital to Net Assets Ratio

Latest as of June 2023: 14.7%

Essent Group Ltd. (EG0) has a Working Capital to Net Assets ratio of 14.7% as of June 2023. Working capital of €696.66 Million (current assets of €1.20 Billion minus current liabilities of €500.23 Million) is measured against net assets of €4.73 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See EG0 equity to assets ratio to measure how much of total assets are equity-financed.

WC/NA Ratio

14.7%
Working Capital / Net Assets

Working Capital

€696.66 Million
EUR

Current Assets

€1.20 Billion
EUR

Current Liabilities

€500.23 Million
EUR

Essent Group Ltd. Working Capital to Net Assets (2018–2022)

This chart shows how Essent Group Ltd.'s Working Capital to Net Assets ratio has evolved across 5 annual periods from 2018 to 2022. As of June 2023, the ratio stands at 14.7%, reflecting working capital of €696.66 Million against net assets of €4.73 Billion EUR. Check Essent Group Ltd. tangible book value ratio to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Essent Group Ltd. (2018–2022)

The table below presents the year-by-year Working Capital to Net Assets ratio for Essent Group Ltd. from 2018 to 2022, covering 5 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 EG0 company net worth.

Year WC/NA Ratio Working Capital (EUR) Net Assets Current Assets Current Liabilities Change (pp)
2022 11.8% €528.39 Million €4.46 Billion €842.29 Million €313.90 Million ▲ +8.5 pp
2021 3.4% €143.51 Million €4.24 Billion €828.09 Million €684.58 Million ▼ -9.6 pp
2020 12.9% €500.05 Million €3.86 Billion €1.20 Billion €702.36 Million ▲ +2.7 pp
2019 10.2% €305.66 Million €2.98 Billion €707.79 Million €402.12 Million ▲ +6.5 pp
2018 3.7% €88.29 Million €2.37 Billion €476.24 Million €387.95 Million
pp = percentage points