Sjóvá-Almennar tryggingar hf Working Capital to Net Assets Ratio

Latest as of June 2023: -174.0%

Sjóvá-Almennar tryggingar hf 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. Check tangible net worth ratio of Sjóvá-Almennar tryggingar hf to evaluate the tangible quality of the company's equity base.

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

Working Capital to Net Assets Ratio of Sjóvá-Almennar tryggingar hf (2014–2022)

Working capital to net assets ratio of Sjóvá-Almennar tryggingar hf from 2014 to 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.

Sjóvá-Almennar tryggingar hf Working Capital to Net Assets Ratio by Year (2014–2022)

Sjóvá-Almennar tryggingar hf working capital to net assets ratio by year from 2014 to 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 the complete balance sheet picture, see Sjóvá-Almennar tryggingar hf asset portfolio.

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