Sjóvá-Almennar tryggingar hf (SJOVA) — Working Capital to Net Assets Ratio
Sjóvá-Almennar tryggingar hf (SJOVA) has a Working Capital to Net Assets ratio of -174.0% as of June 2023. Working capital of Ikr-34.08 Billion (current assets of Ikr4.57 Billion minus current liabilities of Ikr38.64 Billion) is measured against net assets of Ikr19.59 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See SJOVA days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Sjóvá-Almennar tryggingar hf Working Capital to Net Assets (2014–2022)
This chart shows how Sjóvá-Almennar tryggingar hf's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2014 to 2022. As of June 2023, the ratio stands at -174.0%, reflecting working capital of Ikr-34.08 Billion against net assets of Ikr19.59 Billion ISK. For the complete balance sheet picture, see balance sheet size of Sjóvá-Almennar tryggingar hf.
Annual Working Capital to Net Assets for Sjóvá-Almennar tryggingar hf (2014–2022)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sjóvá-Almennar tryggingar hf from 2014 to 2022, covering 9 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. Explore SJOVA long-term investments to assets to see how much of total assets are deployed in long-term investments.
| Year | WC/NA Ratio | Working Capital (ISK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | -100.2% | Ikr-21.54 Billion | Ikr21.51 Billion | Ikr10.05 Billion | Ikr31.59 Billion | ▼ -15.1 pp |
| 2021 | -85.0% | Ikr-20.70 Billion | Ikr24.34 Billion | Ikr8.94 Billion | Ikr29.64 Billion | ▼ -4.9 pp |
| 2020 | -80.1% | Ikr-17.11 Billion | Ikr21.36 Billion | Ikr9.16 Billion | Ikr26.27 Billion | ▲ +13.1 pp |
| 2019 | -93.2% | Ikr-15.18 Billion | Ikr16.29 Billion | Ikr8.85 Billion | Ikr24.03 Billion | ▼ -2.9 pp |
| 2018 | -90.3% | Ikr-12.49 Billion | Ikr13.83 Billion | Ikr8.22 Billion | Ikr20.71 Billion | ▼ -2.7 pp |
| 2017 | -87.6% | Ikr-13.32 Billion | Ikr15.21 Billion | Ikr6.53 Billion | Ikr19.85 Billion | ▼ -21.4 pp |
| 2016 | -66.2% | Ikr-11.56 Billion | Ikr17.45 Billion | Ikr6.20 Billion | Ikr17.76 Billion | ▼ -0.8 pp |
| 2015 | -65.5% | Ikr-10.67 Billion | Ikr16.29 Billion | Ikr6.68 Billion | Ikr17.35 Billion | ▲ +35.1 pp |
| 2014 | -100.6% | Ikr-17.91 Billion | Ikr17.81 Billion | Ikr5.41 Billion | Ikr23.32 Billion | — |