Panamax AG (ICP) — Working Capital to Net Assets Ratio

Latest as of December 2018: 388.4%

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 operational self-sufficiency of Panamax AG to measure how many days the company can operate on defensive assets alone.

WC/NA Ratio

388.4%
Working Capital / Net Assets

Working Capital

€503.47K
EUR

Current Assets

€678.53K
EUR

Current Liabilities

€175.06K
EUR

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. For the complete balance sheet picture, see Panamax AG (ICP) total assets.

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. Read Panamax AG (ICP) total liabilities for a breakdown of total debt and financial obligations.

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
pp = percentage points