Essent Group Ltd. (EG0) — Working Capital to Net Assets Ratio
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 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
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. For the complete balance sheet picture, see EG0 asset 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. Check Essent Group Ltd. liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| 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 | — |