EV RESOURCES LTD. Working Capital to Net Assets Ratio
EV RESOURCES LTD. working capital to net assets ratio. EV RESOURCES LTD. (R1EA) has a Working Capital to Net Assets ratio of -47.9% as of June 2024. Working capital of €-2.66 Million (current assets of €667.35K minus current liabilities of €3.33 Million) is measured against net assets of €5.56 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check EV RESOURCES LTD. tangible book value ratio 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 EV RESOURCES LTD. (2021–2024)
Working capital to net assets ratio of EV RESOURCES LTD. from 2021 to 2024. This chart shows how EV RESOURCES LTD.'s Working Capital to Net Assets ratio has evolved across 4 annual periods from 2021 to 2024. As of June 2024, the ratio stands at -47.9%, reflecting working capital of €-2.66 Million against net assets of €5.56 Million EUR. Read debt load of EV RESOURCES LTD. for a breakdown of total debt and financial obligations.
EV RESOURCES LTD. Working Capital to Net Assets Ratio by Year (2021–2024)
EV RESOURCES LTD. working capital to net assets ratio by year from 2021 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for EV RESOURCES LTD. from 2021 to 2024, covering 4 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 EV RESOURCES LTD. (R1EA) total assets.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -47.9% | €-2.66 Million | €5.56 Million | €667.35K | €3.33 Million | ▼ -49.6 pp |
| 2023 | 1.7% | €99.25K | €5.79 Million | €754.96K | €655.71K | ▼ -45.1 pp |
| 2022 | 46.8% | €4.62 Million | €9.87 Million | €5.07 Million | €444.48K | ▲ +3.6 pp |
| 2021 | 43.2% | €1.79 Million | €4.15 Million | €2.32 Million | €527.38K | — |