Greencoat Renewables PLC (GRP) — Working Capital to Net Assets Ratio
Greencoat Renewables PLC (GRP) has a Working Capital to Net Assets ratio of -6.3% as of December 2022. Working capital of €-81.03 Million (current assets of €27.13 Million minus current liabilities of €108.16 Million) is measured against net assets of €1.28 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how financially flexible is Greencoat Renewables PLC to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Greencoat Renewables PLC Working Capital to Net Assets (2017–2022)
This chart shows how Greencoat Renewables PLC's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2017 to 2022. As of December 2022, the ratio stands at -6.3%, reflecting working capital of €-81.03 Million against net assets of €1.28 Billion EUR. See Greencoat Renewables PLC (GRP) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Greencoat Renewables PLC (2017–2022)
The table below presents the year-by-year Working Capital to Net Assets ratio for Greencoat Renewables PLC from 2017 to 2022, covering 6 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 GRP market cap.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | -6.3% | €-81.03 Million | €1.28 Billion | €27.13 Million | €108.16 Million | ▼ -6.2 pp |
| 2021 | -0.1% | €-893.00K | €935.20 Million | €5.40 Million | €6.30 Million | ▼ -2.1 pp |
| 2020 | 2.0% | €15.27 Million | €748.81 Million | €20.61 Million | €5.34 Million | ▲ +32.8 pp |
| 2019 | -30.8% | €-200.11 Million | €650.00 Million | €9.36 Million | €209.47 Million | ▼ -30.4 pp |
| 2018 | -0.4% | €-1.41 Million | €393.95 Million | €6.52 Million | €7.94 Million | ▼ -6.6 pp |
| 2017 | 6.3% | €16.46 Million | €262.09 Million | €17.77 Million | €1.31 Million | — |