INOVIQ LTD. Working Capital to Net Assets Ratio

Latest as of June 2024: 46.6%

INOVIQ LTD. working capital to net assets ratio. INOVIQ LTD. (EGQ0) has a Working Capital to Net Assets ratio of 46.6% as of June 2024. Working capital of €9.32 Million (current assets of €10.86 Million minus current liabilities of €1.53 Million) is measured against net assets of €19.99 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible net worth ratio of INOVIQ LTD. to evaluate the tangible quality of the company's equity base.

WC/NA Ratio

46.6%
Working Capital / Net Assets

Working Capital

€9.32 Million
EUR

Current Assets

€10.86 Million
EUR

Current Liabilities

€1.53 Million
EUR

Working Capital to Net Assets Ratio of INOVIQ LTD. (2021–2024)

Working capital to net assets ratio of INOVIQ LTD. from 2021 to 2024. This chart shows how INOVIQ LTD.'s Working Capital to Net Assets ratio has evolved across 4 annual periods from 2021 to 2024. As of June 2024, the ratio stands at 46.6%, reflecting working capital of €9.32 Million against net assets of €19.99 Million EUR. See EGQ0 days of operational coverage to measure how many days the company can operate on defensive assets alone.

INOVIQ LTD. Working Capital to Net Assets Ratio by Year (2021–2024)

INOVIQ LTD. working capital to net assets ratio by year from 2021 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for INOVIQ LTD. from 2021 to 2024, covering 4 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 EGQ0 asset base.

Year WC/NA Ratio Working Capital (EUR) Net Assets Current Assets Current Liabilities Change (pp)
2024 46.6% €9.32 Million €19.99 Million €10.86 Million €1.53 Million ▲ +6.4 pp
2023 40.2% €7.89 Million €19.62 Million €9.40 Million €1.52 Million ▼ -15.2 pp
2022 55.4% €15.67 Million €28.29 Million €17.47 Million €1.80 Million ▲ +36.4 pp
2021 19.0% €8.21 Million €43.22 Million €9.67 Million €1.46 Million —
pp = percentage points