Síminn hf (SIMINN) — Working Capital to Net Assets Ratio

Latest as of June 2025: 12.5%

Síminn hf (SIMINN) has a Working Capital to Net Assets ratio of 12.5% as of June 2025. Working capital of Ikr2.11 Billion (current assets of Ikr10.03 Billion minus current liabilities of Ikr7.92 Billion) is measured against net assets of Ikr16.92 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Síminn hf net asset quality index to measure how much of total assets are equity-financed.

WC/NA Ratio

12.5%
Working Capital / Net Assets

Working Capital

Ikr2.11 Billion
ISK

Current Assets

Ikr10.03 Billion
ISK

Current Liabilities

Ikr7.92 Billion
ISK

Síminn hf Working Capital to Net Assets (2014–2024)

This chart shows how Síminn 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 12.5%, reflecting working capital of Ikr2.11 Billion against net assets of Ikr16.92 Billion ISK. Check SIMINN tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Síminn hf (2014–2024)

The table below presents the year-by-year Working Capital to Net Assets ratio for Síminn 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 live market cap and the full company profile, see market cap of Síminn hf.

Year WC/NA Ratio Working Capital (ISK) Net Assets Current Assets Current Liabilities Change (pp)
2024 4.6% Ikr838.00 Million Ikr18.12 Billion Ikr8.91 Billion Ikr8.08 Billion ▼ -1.3 pp
2023 5.9% Ikr1.04 Billion Ikr17.60 Billion Ikr9.03 Billion Ikr7.98 Billion ▼ -41.1 pp
2022 47.0% Ikr16.57 Billion Ikr35.26 Billion Ikr25.07 Billion Ikr8.51 Billion ▼ -2.0 pp
2021 49.0% Ikr15.23 Billion Ikr31.08 Billion Ikr46.68 Billion Ikr31.45 Billion ▲ +49.4 pp
2020 -0.4% Ikr-134.00 Million Ikr37.30 Billion Ikr7.75 Billion Ikr7.88 Billion ▲ +4.2 pp
2019 -4.6% Ikr-1.67 Billion Ikr36.63 Billion Ikr6.95 Billion Ikr8.62 Billion ▼ -6.8 pp
2018 2.2% Ikr775.00 Million Ikr35.20 Billion Ikr7.88 Billion Ikr7.10 Billion ▼ -2.0 pp
2017 4.2% Ikr1.54 Billion Ikr36.28 Billion Ikr8.27 Billion Ikr6.73 Billion ▼ -8.1 pp
2016 12.3% Ikr4.21 Billion Ikr34.26 Billion Ikr11.92 Billion Ikr7.71 Billion ▼ -4.3 pp
2015 16.6% Ikr5.46 Billion Ikr32.80 Billion Ikr11.73 Billion Ikr6.28 Billion ▼ -1.3 pp
2014 17.9% Ikr5.36 Billion Ikr29.93 Billion Ikr12.41 Billion Ikr7.05 Billion
pp = percentage points