Varengold Bank AG Working Capital to Net Assets Ratio
Varengold Bank AG 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. Check tangible net worth ratio of Varengold Bank AG 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 Varengold Bank AG (2013–2021)
Working capital to net assets ratio of Varengold Bank AG from 2013 to 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 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Varengold Bank AG Working Capital to Net Assets Ratio by Year (2013–2021)
Varengold Bank AG working capital to net assets ratio by year from 2013 to 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 the complete balance sheet picture, see Varengold Bank AG (VG8) total assets.
| 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 | — |