United Bankers Oyj (UNITED) — Working Capital to Net Assets Ratio

Latest as of December 2023: 13.0%

United Bankers Oyj (UNITED) has a Working Capital to Net Assets ratio of 13.0% as of December 2023. Working capital of €6.72 Million (current assets of €6.72 Million minus current liabilities of €1.00K) is measured against net assets of €51.57 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See United Bankers Oyj defensive interval ratio to measure how many days the company can operate on defensive assets alone.

WC/NA Ratio

13.0%
Working Capital / Net Assets

Working Capital

€6.72 Million
EUR

Current Assets

€6.72 Million
EUR

Current Liabilities

€1.00K
EUR

United Bankers Oyj Working Capital to Net Assets (2013–2023)

This chart shows how United Bankers Oyj's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2013 to 2023. As of December 2023, the ratio stands at 13.0%, reflecting working capital of €6.72 Million against net assets of €51.57 Million EUR. For the complete balance sheet picture, see balance sheet size of United Bankers Oyj.

Annual Working Capital to Net Assets for United Bankers Oyj (2013–2023)

The table below presents the year-by-year Working Capital to Net Assets ratio for United Bankers Oyj from 2013 to 2023, covering 11 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. Check UNITED cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Year WC/NA Ratio Working Capital (EUR) Net Assets Current Assets Current Liabilities Change (pp)
2023 15.9% €8.21 Million €51.57 Million €8.21 Million €1.00K ▲ +3.7 pp
2022 12.3% €5.89 Million €48.06 Million €5.89 Million €1.00K ▼ -15.8 pp
2021 28.1% €12.45 Million €44.34 Million €12.45 Million €2.00K ▲ +16.6 pp
2020 11.5% €4.50 Million €39.09 Million €4.50 Million €3.00K ▲ +28.3 pp
2019 -16.8% €-6.21 Million €37.07 Million €1.00K €6.21 Million ▼ -6.6 pp
2018 -10.1% €-3.08 Million €30.32 Million €1.00K €3.08 Million ▲ +1.8 pp
2017 -12.0% €-2.34 Million €19.53 Million €1.68K €2.34 Million ▼ -0.2 pp
2016 -11.8% €-1.81 Million €15.39 Million €3.02K €1.82 Million ▲ +0.5 pp
2015 -12.2% €-2.47 Million €20.17 Million €4.89K €2.47 Million ▼ -1.3 pp
2014 -11.0% €-1.78 Million €16.26 Million €658.00 €1.78 Million ▲ +4.4 pp
2013 -15.4% €-902.82K €5.87 Million €1.36K €904.18K
pp = percentage points