Varengold Bank AG (VG8) — Working Capital to Net Assets Ratio
Varengold Bank AG (VG8) has a Working Capital to Net Assets ratio of 19.2% as of June 2022. Working capital of €-71.47 Million (current assets of €1.54 Billion minus current liabilities of €1.62 Billion) is measured against net assets of €-371.82 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of Varengold Bank AG to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Varengold Bank AG Working Capital to Net Assets (2013–2021)
This chart shows how Varengold Bank AG's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2013 to 2021. As of June 2022, the ratio stands at 19.2%, reflecting working capital of €-71.47 Million against net assets of €-371.82 Million EUR. See Varengold Bank AG (VG8) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Varengold Bank AG (2013–2021)
The table below presents the year-by-year Working Capital to Net Assets ratio for Varengold Bank AG from 2013 to 2021, 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 Varengold Bank AG (VG8) market capitalisation.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2021 | -101.1% | €-56.44 Million | €55.83 Million | €1.27 Billion | €1.33 Billion | ▲ +33.1 pp |
| 2020 | -134.2% | €-51.90 Million | €38.67 Million | €825.13 Million | €877.03 Million | ▲ +184.6 pp |
| 2019 | -318.9% | €-108.90 Million | €34.15 Million | €556.78 Million | €665.67 Million | ▼ -14.8 pp |
| 2018 | -304.1% | €-75.32 Million | €24.77 Million | €415.25 Million | €490.57 Million | ▲ +27.9 pp |
| 2017 | -332.0% | €-61.28 Million | €18.46 Million | €359.92 Million | €421.20 Million | ▲ +16.1 pp |
| 2016 | -348.0% | €-47.26 Million | €13.58 Million | €547.44 Million | €594.70 Million | ▼ -78.1 pp |
| 2015 | -270.0% | €-6.48 Million | €2.40 Million | €586.88 Million | €593.36 Million | ▲ +21.0 pp |
| 2014 | -291.0% | €-35.14 Million | €12.08 Million | €300.83 Million | €335.97 Million | ▼ -112.0 pp |
| 2013 | -178.9% | €-15.53 Million | €8.68 Million | €27.90 Million | €43.43 Million | — |