msg life ag (MSGL) — Working Capital to Net Assets Ratio
msg life ag (MSGL) has a Working Capital to Net Assets ratio of 70.3% as of December 2016. Working capital of €36.69 Million (current assets of €58.31 Million minus current liabilities of €21.62 Million) is measured against net assets of €52.16 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See msg life ag free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
msg life ag Working Capital to Net Assets (2014–2023)
This chart shows how msg life ag's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2014 to 2023. As of December 2016, the ratio stands at 70.3%, reflecting working capital of €36.69 Million against net assets of €52.16 Million EUR. See msg life ag liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for msg life ag (2014–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for msg life ag from 2014 to 2023, covering 10 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 how much is msg life ag worth.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 123.2% | €95.57 Million | €77.56 Million | €110.57 Million | €14.99 Million | ▲ +17.0 pp |
| 2022 | 106.2% | €72.59 Million | €68.34 Million | €101.57 Million | €28.98 Million | ▼ -6.8 pp |
| 2021 | 113.0% | €65.08 Million | €57.58 Million | €92.28 Million | €27.20 Million | ▼ -1.0 pp |
| 2020 | 114.0% | €49.68 Million | €43.59 Million | €74.54 Million | €24.86 Million | ▼ -2.0 pp |
| 2019 | 116.0% | €43.14 Million | €37.19 Million | €66.59 Million | €23.45 Million | ▲ +5.5 pp |
| 2018 | 110.5% | €42.21 Million | €38.19 Million | €67.61 Million | €25.40 Million | ▲ +48.0 pp |
| 2017 | 62.6% | €38.67 Million | €61.82 Million | €62.52 Million | €23.85 Million | ▼ -7.8 pp |
| 2016 | 70.3% | €36.69 Million | €52.16 Million | €58.31 Million | €21.62 Million | ▲ +8.2 pp |
| 2015 | 62.2% | €28.25 Million | €45.45 Million | €49.64 Million | €21.39 Million | ▼ -1.8 pp |
| 2014 | 64.0% | €25.73 Million | €40.23 Million | €49.71 Million | €23.97 Million | — |