Kvika banki hf Working Capital to Net Assets Ratio

Latest as of June 2023: -102.6%

Kvika banki hf working capital to net assets ratio. Kvika banki hf (KVIKA) has a Working Capital to Net Assets ratio of -102.6% as of June 2023. Working capital of Ikr-82.81 Billion (current assets of Ikr84.90 Billion minus current liabilities of Ikr167.71 Billion) is measured against net assets of Ikr80.70 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Kvika banki hf (KVIKA) tangible net worth to evaluate the tangible quality of the company's equity base.

WC/NA Ratio

-102.6%
Working Capital / Net Assets

Working Capital

Ikr-82.81 Billion
ISK

Current Assets

Ikr84.90 Billion
ISK

Current Liabilities

Ikr167.71 Billion
ISK

Working Capital to Net Assets Ratio of Kvika banki hf (2015–2022)

Working capital to net assets ratio of Kvika banki hf from 2015 to 2022. This chart shows how Kvika banki hf's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2015 to 2022. As of June 2023, the ratio stands at -102.6%, reflecting working capital of Ikr-82.81 Billion against net assets of Ikr80.70 Billion ISK. See Kvika banki hf defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Kvika banki hf Working Capital to Net Assets Ratio by Year (2015–2022)

Kvika banki hf working capital to net assets ratio by year from 2015 to 2022. The table below presents the year-by-year Working Capital to Net Assets ratio for Kvika banki hf from 2015 to 2022, 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. For the complete balance sheet picture, see KVIKA total asset value.

Year WC/NA Ratio Working Capital (ISK) Net Assets Current Assets Current Liabilities Change (pp)
2022 -79.7% Ikr-64.74 Billion Ikr81.19 Billion Ikr79.51 Billion Ikr144.24 Billion ▼ -61.8 pp
2021 -17.9% Ikr-14.04 Billion Ikr78.37 Billion Ikr90.44 Billion Ikr104.48 Billion ▲ +247.4 pp
2020 -265.3% Ikr-50.96 Billion Ikr19.21 Billion Ikr44.22 Billion Ikr95.18 Billion ▼ -5.6 pp
2019 -259.6% Ikr-40.28 Billion Ikr15.52 Billion Ikr43.03 Billion Ikr83.31 Billion ▲ +23.7 pp
2018 -283.4% Ikr-36.75 Billion Ikr12.97 Billion Ikr31.89 Billion Ikr68.64 Billion ▼ -9.4 pp
2017 -273.9% Ikr-30.08 Billion Ikr10.98 Billion Ikr31.14 Billion Ikr61.23 Billion ▼ -18.0 pp
2016 -255.9% Ikr-18.93 Billion Ikr7.40 Billion Ikr32.44 Billion Ikr51.37 Billion ▼ -24.2 pp
2015 -231.7% Ikr-15.13 Billion Ikr6.53 Billion Ikr39.13 Billion Ikr54.26 Billion —
pp = percentage points