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 NRM financial flexibility index to measure the company's free cash flow as a share of total liabilities.
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. See Insurance Australia Group Limited (NRM) liquidity interval to measure how many days the company can operate on defensive assets alone.
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 market cap and net worth.
| 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 | — |