KINGS ENTERTAINMENT GROUP Working Capital to Net Assets Ratio
KINGS ENTERTAINMENT GROUP working capital to net assets ratio. KINGS ENTERTAINMENT GROUP (L12) has a Working Capital to Net Assets ratio of 72.3% as of December 2022. Working capital of €1.15 Million (current assets of €3.84 Million minus current liabilities of €2.69 Million) is measured against net assets of €1.58 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check L12 goodwill-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 KINGS ENTERTAINMENT GROUP (2021–2022)
Working capital to net assets ratio of KINGS ENTERTAINMENT GROUP from 2021 to 2022. This chart shows how KINGS ENTERTAINMENT GROUP's Working Capital to Net Assets ratio has evolved across 2 annual periods from 2021 to 2022. As of December 2022, the ratio stands at 72.3%, reflecting working capital of €1.15 Million against net assets of €1.58 Million EUR. See L12 days of operational coverage to measure how many days the company can operate on defensive assets alone.
KINGS ENTERTAINMENT GROUP Working Capital to Net Assets Ratio by Year (2021–2022)
KINGS ENTERTAINMENT GROUP working capital to net assets ratio by year from 2021 to 2022. The table below presents the year-by-year Working Capital to Net Assets ratio for KINGS ENTERTAINMENT GROUP from 2021 to 2022, covering 2 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 L12 current and non-current assets.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | 72.3% | €1.15 Million | €1.58 Million | €3.84 Million | €2.69 Million | ▼ -25.9 pp |
| 2021 | 98.2% | €6.36 Million | €6.47 Million | €9.27 Million | €2.91 Million | — |