Essent Group Ltd. Working Capital to Net Assets Ratio
Essent Group Ltd. 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. Check EG0 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 Essent Group Ltd. (2018–2022)
Working capital to net assets ratio of Essent Group Ltd. from 2018 to 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. See Essent Group Ltd. defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Essent Group Ltd. Working Capital to Net Assets Ratio by Year (2018–2022)
Essent Group Ltd. working capital to net assets ratio by year from 2018 to 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 the complete balance sheet picture, see how large is Essent Group Ltd.'s balance sheet.
| 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 | — |