First BanCorp Working Capital to Net Assets Ratio
First BanCorp working capital to net assets ratio. First BanCorp (OLWN) has a Working Capital to Net Assets ratio of -1223.2% as of September 2023. Working capital of €-15.94 Billion (current assets of €690.22 Million minus current liabilities of €16.63 Billion) is measured against net assets of €1.30 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check how tangible is First BanCorp's equity 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 First BanCorp (2014–2022)
Working capital to net assets ratio of First BanCorp from 2014 to 2022. This chart shows how First BanCorp's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2014 to 2022. As of September 2023, the ratio stands at -1223.2%, reflecting working capital of €-15.94 Billion against net assets of €1.30 Billion EUR. See how many days can First BanCorp fund operations to measure how many days the company can operate on defensive assets alone.
First BanCorp Working Capital to Net Assets Ratio by Year (2014–2022)
First BanCorp working capital to net assets ratio by year from 2014 to 2022. The table below presents the year-by-year Working Capital to Net Assets ratio for First BanCorp from 2014 to 2022, covering 9 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 balance sheet size of First BanCorp.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | -1224.7% | €-16.23 Billion | €1.33 Billion | €625.90 Million | €16.86 Billion | ▼ -492.2 pp |
| 2021 | -732.5% | €-15.40 Billion | €2.10 Billion | €2.71 Billion | €18.11 Billion | ▼ -123.1 pp |
| 2020 | -609.4% | €-13.86 Billion | €2.28 Billion | €1.72 Billion | €15.59 Billion | ▼ -221.5 pp |
| 2019 | -387.9% | €-8.64 Billion | €2.23 Billion | €857.59 Million | €9.50 Billion | ▲ +20.0 pp |
| 2018 | -407.9% | €-8.34 Billion | €2.04 Billion | €833.55 Million | €9.17 Billion | ▲ +35.2 pp |
| 2017 | -443.1% | €-8.28 Billion | €1.87 Billion | €985.70 Million | €9.27 Billion | ▲ +36.3 pp |
| 2016 | -479.4% | €-8.56 Billion | €1.79 Billion | €555.68 Million | €9.12 Billion | ▲ +21.8 pp |
| 2015 | -501.2% | €-8.49 Billion | €1.69 Billion | €1.01 Billion | €9.50 Billion | ▲ +9.5 pp |
| 2014 | -510.7% | €-8.54 Billion | €1.67 Billion | €1.06 Billion | €9.60 Billion | — |