Insurance Australia Group Limited (NRM) — Working Capital to Net Assets Ratio
Insurance Australia Group Limited (NRM) has a Working Capital to Net Assets ratio of -47.5% as of June 2023. Working capital of €-3.35 Billion (current assets of €14.60 Billion minus current liabilities of €17.94 Billion) is measured against net assets of €7.05 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Insurance Australia Group Limited net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Insurance Australia Group Limited Working Capital to Net Assets (2014–2023)
This chart shows how Insurance Australia Group Limited's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2014 to 2023. As of June 2023, the ratio stands at -47.5%, reflecting working capital of €-3.35 Billion against net assets of €7.05 Billion EUR. Check how tangible is Insurance Australia Group Limited's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Insurance Australia Group Limited (2014–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Insurance Australia Group Limited from 2014 to 2023, covering 10 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 Insurance Australia Group Limited (NRM) market capitalisation.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | -47.5% | €-3.35 Billion | €7.05 Billion | €14.60 Billion | €17.94 Billion | ▲ +6.8 pp |
| 2022 | -54.3% | €-3.53 Billion | €6.50 Billion | €13.78 Billion | €17.30 Billion | ▼ -16.5 pp |
| 2021 | -37.8% | €-2.48 Billion | €6.56 Billion | €13.97 Billion | €16.45 Billion | ▼ -18.8 pp |
| 2020 | -19.0% | €-1.21 Billion | €6.35 Billion | €13.02 Billion | €14.22 Billion | ▲ +15.5 pp |
| 2019 | -34.5% | €-2.31 Billion | €6.71 Billion | €11.68 Billion | €14.00 Billion | ▲ +6.1 pp |
| 2018 | -40.6% | €-2.81 Billion | €6.94 Billion | €11.28 Billion | €14.10 Billion | ▲ +3.0 pp |
| 2017 | -43.6% | €-2.96 Billion | €6.79 Billion | €10.90 Billion | €13.86 Billion | ▲ +4.3 pp |
| 2016 | -47.9% | €-3.25 Billion | €6.79 Billion | €10.10 Billion | €13.35 Billion | ▲ +32.7 pp |
| 2015 | -80.5% | €-5.81 Billion | €7.22 Billion | €8.95 Billion | €14.76 Billion | ▼ -34.7 pp |
| 2014 | -45.9% | €-3.21 Billion | €6.98 Billion | €10.11 Billion | €13.31 Billion | — |