Paragon Care Limited (PXS) — Working Capital to Net Assets Ratio
Paragon Care Limited (PXS) has a Working Capital to Net Assets ratio of 26.8% as of June 2024. Working capital of €186.48 Million (current assets of €1.02 Billion minus current liabilities of €832.03 Million) is measured against net assets of €695.47 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See PXS cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Paragon Care Limited Working Capital to Net Assets (2014–2024)
This chart shows how Paragon Care Limited's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2014 to 2024. As of June 2024, the ratio stands at 26.8%, reflecting working capital of €186.48 Million against net assets of €695.47 Million EUR. For the complete balance sheet picture, see balance sheet size of Paragon Care Limited.
Annual Working Capital to Net Assets for Paragon Care Limited (2014–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Paragon Care Limited from 2014 to 2024, covering 11 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 Paragon Care Limited liquidity resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -7.9% | €-23.11 Million | €291.92 Million | €678.80 Million | €701.92 Million | ▼ -23.4 pp |
| 2023 | 15.5% | €39.10 Million | €251.96 Million | €132.65 Million | €93.55 Million | ▼ -10.0 pp |
| 2022 | 25.5% | €61.84 Million | €242.34 Million | €150.84 Million | €89.00 Million | ▲ +0.0 pp |
| 2021 | 25.5% | €31.00 Million | €121.52 Million | €113.21 Million | €82.21 Million | ▲ +6.4 pp |
| 2020 | 19.1% | €21.43 Million | €112.28 Million | €106.31 Million | €84.88 Million | ▼ -14.7 pp |
| 2019 | 33.8% | €65.06 Million | €192.32 Million | €137.93 Million | €72.87 Million | ▼ -5.3 pp |
| 2018 | 39.1% | €66.59 Million | €170.14 Million | €142.32 Million | €75.72 Million | ▲ +21.3 pp |
| 2017 | 17.9% | €14.79 Million | €82.69 Million | €61.08 Million | €46.28 Million | ▼ -19.8 pp |
| 2016 | 37.6% | €27.39 Million | €72.77 Million | €61.13 Million | €33.74 Million | ▲ +6.5 pp |
| 2015 | 31.2% | €6.42 Million | €20.58 Million | €19.57 Million | €13.16 Million | ▼ -5.7 pp |
| 2014 | 36.9% | €6.71 Million | €18.21 Million | €11.96 Million | €5.24 Million | — |