Sjóvá-Almennar tryggingar hf (SJOVA) — Working Capital to Net Assets Ratio

Latest as of June 2023: -174.0%

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 Sjóvá-Almennar tryggingar hf free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.

WC/NA Ratio

-174.0%
Working Capital / Net Assets

Working Capital

Ikr-34.08 Billion
ISK

Current Assets

Ikr4.57 Billion
ISK

Current Liabilities

Ikr38.64 Billion
ISK

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. See Sjóvá-Almennar tryggingar hf liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

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. For live market cap and the full company profile, see SJOVA market cap overview.

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
pp = percentage points