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 defensive interval ratio of First BanCorp to measure how many days the company can operate on defensive assets alone.
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. For the complete balance sheet picture, see OLWN total asset value.
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. Check OLWN cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| 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 | — |