SMG EUROPEAN RECOV. EO 1 (RCVR) — Working Capital to Net Assets Ratio

SMG EUROPEAN RECOV. EO 1 (RCVR) has a Working Capital to Net Assets ratio of 21.2% as of December 2024. Working capital of €-3.21 Million (current assets of €1.33 Million minus current liabilities of €4.54 Million) is measured against net assets of €-15.11 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See SMG EUROPEAN RECOV. EO 1 liquidity coverage in days to measure how many days the company can operate on defensive assets alone.