Íslandsbanki hf. (ISB) — Working Capital to Net Assets Ratio

Latest as of March 2023: -385.2%

Íslandsbanki hf. (ISB) has a Working Capital to Net Assets ratio of -385.2% as of March 2023. Working capital of Ikr-810.46 Billion (current assets of Ikr112.00 Billion minus current liabilities of Ikr922.46 Billion) is measured against net assets of Ikr210.38 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is Íslandsbanki hf.'s balance sheet to measure how much of total assets are equity-financed.

WC/NA Ratio

-385.2%
Working Capital / Net Assets

Working Capital

Ikr-810.46 Billion
ISK

Current Assets

Ikr112.00 Billion
ISK

Current Liabilities

Ikr922.46 Billion
ISK

Íslandsbanki hf. Working Capital to Net Assets (2017–2022)

This chart shows how Íslandsbanki hf.'s Working Capital to Net Assets ratio has evolved across 6 annual periods from 2017 to 2022. As of March 2023, the ratio stands at -385.2%, reflecting working capital of Ikr-810.46 Billion against net assets of Ikr210.38 Billion ISK. Check how tangible is Íslandsbanki hf.'s equity to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Íslandsbanki hf. (2017–2022)

The table below presents the year-by-year Working Capital to Net Assets ratio for Íslandsbanki hf. from 2017 to 2022, covering 6 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 Íslandsbanki hf. market cap and net worth.

Year WC/NA Ratio Working Capital (ISK) Net Assets Current Assets Current Liabilities Change (pp)
2022 -344.6% Ikr-754.18 Billion Ikr218.87 Billion Ikr159.58 Billion Ikr913.76 Billion ▲ +4.2 pp
2021 -348.8% Ikr-710.47 Billion Ikr203.71 Billion Ikr145.90 Billion Ikr856.37 Billion ▼ -10.7 pp
2020 -338.1% Ikr-629.48 Billion Ikr186.20 Billion Ikr137.19 Billion Ikr766.66 Billion ▼ -48.7 pp
2019 -289.4% Ikr-521.07 Billion Ikr180.06 Billion Ikr180.46 Billion Ikr701.54 Billion ▼ -6.1 pp
2018 -283.3% Ikr-499.44 Billion Ikr176.31 Billion Ikr172.57 Billion Ikr672.01 Billion ▼ -42.4 pp
2017 -240.9% Ikr-436.12 Billion Ikr181.04 Billion Ikr217.82 Billion Ikr653.95 Billion
pp = percentage points