Icelandair Group hf Working Capital to Net Assets Ratio
Icelandair Group hf working capital to net assets ratio. Icelandair Group hf (ICEAIR) has a Working Capital to Net Assets ratio of -97.3% as of June 2025. Working capital of Ikr-275.60 Million (current assets of Ikr732.72 Million minus current liabilities of Ikr1.01 Billion) is measured against net assets of Ikr283.28 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Icelandair Group hf (2014–2024)
Working capital to net assets ratio of Icelandair Group hf from 2014 to 2024. This chart shows how Icelandair Group hf's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2014 to 2024. As of June 2025, the ratio stands at -97.3%, reflecting working capital of Ikr-275.60 Million against net assets of Ikr283.28 Million ISK. Explore ICEAIR strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
Icelandair Group hf Working Capital to Net Assets Ratio by Year (2014–2024)
Icelandair Group hf working capital to net assets ratio by year from 2014 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Icelandair Group hf from 2014 to 2024, 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. For the complete balance sheet picture, see ICEAIR asset base.
| Year | WC/NA Ratio | Working Capital (ISK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -97.5% | Ikr-262.21 Million | Ikr269.07 Million | Ikr443.53 Million | Ikr705.75 Million | ▼ -32.0 pp |
| 2023 | -65.5% | Ikr-188.74 Million | Ikr288.35 Million | Ikr457.08 Million | Ikr645.82 Million | ▼ -9.3 pp |
| 2022 | -56.2% | Ikr-153.64 Million | Ikr273.39 Million | Ikr446.25 Million | Ikr599.88 Million | ▼ -18.9 pp |
| 2021 | -37.3% | Ikr-82.98 Million | Ikr222.38 Million | Ikr408.63 Million | Ikr491.61 Million | ▲ +13.5 pp |
| 2020 | -50.8% | Ikr-118.38 Million | Ikr232.81 Million | Ikr282.09 Million | Ikr400.47 Million | ▼ -28.7 pp |
| 2019 | -22.1% | Ikr-106.78 Million | Ikr482.48 Million | Ikr661.43 Million | Ikr768.21 Million | ▲ +26.3 pp |
| 2018 | -48.4% | Ikr-228.26 Million | Ikr471.38 Million | Ikr569.54 Million | Ikr797.81 Million | ▼ -47.6 pp |
| 2017 | -0.8% | Ikr-4.86 Million | Ikr591.53 Million | Ikr464.06 Million | Ikr468.92 Million | ▲ +6.0 pp |
| 2016 | -6.8% | Ikr-38.57 Million | Ikr568.21 Million | Ikr417.52 Million | Ikr456.09 Million | ▲ +11.1 pp |
| 2015 | -17.9% | Ikr-81.53 Million | Ikr456.53 Million | Ikr334.40 Million | Ikr415.93 Million | ▲ +0.4 pp |
| 2014 | -18.2% | Ikr-66.50 Million | Ikr365.05 Million | Ikr335.02 Million | Ikr401.52 Million | — |