Panamax AG Working Capital to Net Assets Ratio
Panamax AG working capital to net assets ratio. Panamax AG (ICP) has a Working Capital to Net Assets ratio of 388.4% as of December 2018. Working capital of €503.47K (current assets of €678.53K minus current liabilities of €175.06K) is measured against net assets of €129.63K. A higher ratio indicates strong short-term liquidity financed by the equity base. Check how tangible is Panamax AG's equity 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 Panamax AG (2016–2018)
Working capital to net assets ratio of Panamax AG from 2016 to 2018. This chart shows how Panamax AG's Working Capital to Net Assets ratio has evolved across 3 annual periods from 2016 to 2018. As of December 2018, the ratio stands at 388.4%, reflecting working capital of €503.47K against net assets of €129.63K EUR. See Panamax AG (ICP) liquidity interval to measure how many days the company can operate on defensive assets alone.
Panamax AG Working Capital to Net Assets Ratio by Year (2016–2018)
Panamax AG working capital to net assets ratio by year from 2016 to 2018. The table below presents the year-by-year Working Capital to Net Assets ratio for Panamax AG from 2016 to 2018, covering 3 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 Panamax AG assets under control.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2018 | 388.4% | €503.47K | €129.63K | €678.53K | €175.06K | ▼ -744.9 pp |
| 2017 | 1133.3% | €101.98K | €9.00K | €202.11K | €100.14K | ▲ +1029.2 pp |
| 2016 | 104.1% | €361.69K | €347.41K | €633.35K | €271.66K | — |