Kvika banki hf (KVIKA) — 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. See financial agility of Kvika banki hf to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Kvika banki hf Working Capital to Net Assets (2015–2022)
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 how many days can Kvika banki hf fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Kvika banki hf (2015–2022)
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 live market cap and the full company profile, see Kvika banki hf (KVIKA) market capitalisation.
| 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 | — |