First BanCorp (OLWN) — 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. See First BanCorp (OLWN) 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
First BanCorp Working Capital to Net Assets (2014–2022)
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 OLWN defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for First BanCorp (2014–2022)
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 live market cap and the full company profile, see First BanCorp (OLWN) total market value.
| 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 | — |