Vátryggingafélag Íslands hf (SKAGI) — Working Capital to Net Assets Ratio

Latest as of June 2023: -143.1%

Vátryggingafélag Íslands hf (SKAGI) has a Working Capital to Net Assets ratio of -143.1% as of June 2023. Working capital of Ikr-24.49 Billion (current assets of Ikr4.59 Billion minus current liabilities of Ikr29.08 Billion) is measured against net assets of Ikr17.11 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Vátryggingafélag Íslands hf balance sheet independence to measure how much of total assets are equity-financed.

WC/NA Ratio

-143.1%
Working Capital / Net Assets

Working Capital

Ikr-24.49 Billion
ISK

Current Assets

Ikr4.59 Billion
ISK

Current Liabilities

Ikr29.08 Billion
ISK

Vátryggingafélag Íslands hf Working Capital to Net Assets (2014–2022)

This chart shows how Vátryggingafélag Íslands 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 -143.1%, reflecting working capital of Ikr-24.49 Billion against net assets of Ikr17.11 Billion ISK. Check tangible equity quality of Vátryggingafélag Íslands hf to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Vátryggingafélag Íslands hf (2014–2022)

The table below presents the year-by-year Working Capital to Net Assets ratio for Vátryggingafélag Íslands 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 market value of Vátryggingafélag Íslands hf.

Year WC/NA Ratio Working Capital (ISK) Net Assets Current Assets Current Liabilities Change (pp)
2022 172.9% Ikr29.96 Billion Ikr17.32 Billion Ikr49.61 Billion Ikr19.65 Billion ▲ +7.7 pp
2021 165.3% Ikr33.80 Billion Ikr20.45 Billion Ikr53.43 Billion Ikr19.63 Billion ▼ -11.8 pp
2020 177.1% Ikr30.08 Billion Ikr16.99 Billion Ikr48.59 Billion Ikr18.51 Billion ▲ +10.8 pp
2019 166.3% Ikr25.27 Billion Ikr15.19 Billion Ikr44.05 Billion Ikr18.79 Billion ▲ +6.2 pp
2018 160.1% Ikr23.87 Billion Ikr14.91 Billion Ikr41.41 Billion Ikr17.55 Billion ▲ +99.3 pp
2017 60.8% Ikr10.19 Billion Ikr16.77 Billion Ikr34.12 Billion Ikr23.93 Billion ▼ -29.8 pp
2016 90.6% Ikr14.83 Billion Ikr16.37 Billion Ikr39.08 Billion Ikr24.25 Billion ▲ +12.5 pp
2015 78.0% Ikr13.70 Billion Ikr17.55 Billion Ikr37.76 Billion Ikr24.06 Billion ▼ -2.5 pp
2014 80.5% Ikr15.45 Billion Ikr19.18 Billion Ikr38.50 Billion Ikr23.05 Billion
pp = percentage points