Sumitomo Mitsui Financial Group Inc Working Capital to Net Assets Ratio
Sumitomo Mitsui Financial Group Inc working capital to net assets ratio. Sumitomo Mitsui Financial Group Inc (XMFA) has a Working Capital to Net Assets ratio of -804.2% as of March 2023. Working capital of €-102.87 Trillion (current assets of €112.38 Trillion minus current liabilities of €215.25 Trillion) is measured against net assets of €12.79 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check XMFA tangible net worth 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 Sumitomo Mitsui Financial Group Inc (2017–2023)
Working capital to net assets ratio of Sumitomo Mitsui Financial Group Inc from 2017 to 2023. This chart shows how Sumitomo Mitsui Financial Group Inc's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2017 to 2023. As of March 2023, the ratio stands at -804.2%, reflecting working capital of €-102.87 Trillion against net assets of €12.79 Trillion EUR. See XMFA defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Sumitomo Mitsui Financial Group Inc Working Capital to Net Assets Ratio by Year (2017–2023)
Sumitomo Mitsui Financial Group Inc working capital to net assets ratio by year from 2017 to 2023. The table below presents the year-by-year Working Capital to Net Assets ratio for Sumitomo Mitsui Financial Group Inc from 2017 to 2023, covering 7 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 Sumitomo Mitsui Financial Group Inc asset portfolio.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | -804.2% | €-102.87 Trillion | €12.79 Trillion | €112.38 Trillion | €215.25 Trillion | ▲ +86.2 pp |
| 2022 | -890.4% | €-108.61 Trillion | €12.20 Trillion | €101.88 Trillion | €210.49 Trillion | ▼ -38.8 pp |
| 2021 | -851.7% | €-101.34 Trillion | €11.90 Trillion | €97.29 Trillion | €198.63 Trillion | ▼ -2.1 pp |
| 2020 | -849.6% | €-92.90 Trillion | €10.93 Trillion | €89.27 Trillion | €182.17 Trillion | ▼ -150.1 pp |
| 2019 | -699.4% | €-82.35 Trillion | €11.77 Trillion | €77.66 Trillion | €160.01 Trillion | ▼ -69.1 pp |
| 2018 | -630.3% | €-78.76 Trillion | €12.50 Trillion | €79.28 Trillion | €158.05 Trillion | ▲ +181.6 pp |
| 2017 | -811.9% | €-96.51 Trillion | €11.89 Trillion | €67.57 Trillion | €164.08 Trillion | — |