Iceland Seafood International hf. (ICESEA) — Working Capital to Net Assets Ratio
Iceland Seafood International hf. (ICESEA) has a Working Capital to Net Assets ratio of 22.1% as of September 2025. Working capital of Ikr17.12 Million (current assets of Ikr145.33 Million minus current liabilities of Ikr128.21 Million) is measured against net assets of Ikr77.58 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Iceland Seafood International hf. (ICESEA) liquidity interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Iceland Seafood International hf. Working Capital to Net Assets (2017–2024)
This chart shows how Iceland Seafood International hf.'s Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 22.1%, reflecting working capital of Ikr17.12 Million against net assets of Ikr77.58 Million ISK. For the complete balance sheet picture, see ICESEA total asset value.
Annual Working Capital to Net Assets for Iceland Seafood International hf. (2017–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Iceland Seafood International hf. from 2017 to 2024, covering 8 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. Read ICESEA total liabilities for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (ISK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -16.6% | Ikr-12.63 Million | Ikr76.22 Million | Ikr153.18 Million | Ikr165.81 Million | ▼ -49.5 pp |
| 2023 | 32.9% | Ikr23.94 Million | Ikr72.73 Million | Ikr161.00 Million | Ikr137.06 Million | ▼ -4.1 pp |
| 2022 | 37.1% | Ikr30.15 Million | Ikr81.37 Million | Ikr201.89 Million | Ikr171.73 Million | ▼ -0.9 pp |
| 2021 | 38.0% | Ikr34.85 Million | Ikr91.73 Million | Ikr178.36 Million | Ikr143.51 Million | ▲ +11.7 pp |
| 2020 | 26.3% | Ikr19.84 Million | Ikr75.32 Million | Ikr159.33 Million | Ikr139.49 Million | ▼ -4.0 pp |
| 2019 | 30.4% | Ikr24.36 Million | Ikr80.24 Million | Ikr141.38 Million | Ikr117.01 Million | ▲ +20.4 pp |
| 2018 | 10.0% | Ikr5.93 Million | Ikr59.34 Million | Ikr131.99 Million | Ikr126.07 Million | ▲ +8.3 pp |
| 2017 | 1.6% | Ikr291.00K | Ikr17.72 Million | Ikr69.22 Million | Ikr68.93 Million | — |