Panamax AG (ICP) — 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. See Panamax AG free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Panamax AG Working Capital to Net Assets (2016–2018)
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 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Panamax AG (2016–2018)
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 live market cap and the full company profile, see market cap of Panamax AG.
| 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 | — |