First Graphene Ltd (M11) — Working Capital to Net Assets Ratio

Latest as of June 2024: 25.5%

First Graphene Ltd (M11) has a Working Capital to Net Assets ratio of 25.5% as of June 2024. Working capital of €1.56 Million (current assets of €4.77 Million minus current liabilities of €3.21 Million) is measured against net assets of €6.10 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See M11 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

WC/NA Ratio

25.5%
Working Capital / Net Assets

Working Capital

€1.56 Million
EUR

Current Assets

€4.77 Million
EUR

Current Liabilities

€3.21 Million
EUR

First Graphene Ltd Working Capital to Net Assets (2017–2024)

This chart shows how First Graphene Ltd's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of June 2024, the ratio stands at 25.5%, reflecting working capital of €1.56 Million against net assets of €6.10 Million EUR. For the complete balance sheet picture, see First Graphene Ltd (M11) total assets.

Annual Working Capital to Net Assets for First Graphene Ltd (2017–2024)

The table below presents the year-by-year Working Capital to Net Assets ratio for First Graphene Ltd from 2017 to 2024, covering 8 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. Explore First Graphene Ltd (M11) investment intensity to see how much of total assets are deployed in long-term investments.

Year WC/NA Ratio Working Capital (EUR) Net Assets Current Assets Current Liabilities Change (pp)
2024 25.5% €1.56 Million €6.10 Million €4.77 Million €3.21 Million ▲ +8.1 pp
2023 17.4% €1.19 Million €6.85 Million €6.06 Million €4.86 Million ▼ -8.6 pp
2022 26.0% €2.18 Million €8.38 Million €9.22 Million €7.04 Million ▲ +0.4 pp
2021 25.6% €2.36 Million €9.22 Million €9.13 Million €6.77 Million ▼ -42.5 pp
2020 68.2% €8.35 Million €12.25 Million €10.05 Million €1.71 Million ▼ -1.0 pp
2019 69.2% €4.21 Million €6.09 Million €5.23 Million €1.02 Million ▲ +16.9 pp
2018 52.3% €3.61 Million €6.90 Million €5.73 Million €2.12 Million ▼ -6.4 pp
2017 58.7% €3.57 Million €6.09 Million €4.60 Million €1.03 Million
pp = percentage points