Ovoca Gold PLC (OVXA) — Working Capital to Net Assets Ratio
Ovoca Gold PLC (OVXA) has a Working Capital to Net Assets ratio of 100.0% as of December 2023. Working capital of €2.50 Million (current assets of €3.47 Million minus current liabilities of €967.00K) is measured against net assets of €2.50 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Ovoca Gold PLC financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ovoca Gold PLC Working Capital to Net Assets (1987–2023)
This chart shows how Ovoca Gold PLC's Working Capital to Net Assets ratio has evolved across 37 annual periods from 1987 to 2023. As of December 2023, the ratio stands at 100.0%, reflecting working capital of €2.50 Million against net assets of €2.50 Million EUR. See operational self-sufficiency of Ovoca Gold PLC to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Ovoca Gold PLC (1987–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ovoca Gold PLC from 1987 to 2023, covering 37 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 Ovoca Gold PLC (OVXA) market capitalisation.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 100.0% | €2.50 Million | €2.50 Million | €3.47 Million | €967.00K | ▲ +58.0 pp |
| 2022 | 42.0% | €3.21 Million | €7.63 Million | €4.98 Million | €1.77 Million | ▼ -0.3 pp |
| 2021 | 42.4% | €5.69 Million | €13.43 Million | €7.02 Million | €1.33 Million | ▼ -16.6 pp |
| 2020 | 59.0% | €10.94 Million | €18.55 Million | €11.43 Million | €486.00K | ▲ +14.4 pp |
| 2019 | 44.6% | €10.62 Million | €23.84 Million | €11.05 Million | €427.00K | ▲ +37.3 pp |
| 2018 | 7.3% | €1.50 Million | €20.63 Million | €2.67 Million | €1.18 Million | ▼ -17.5 pp |
| 2017 | 24.8% | €5.55 Million | €22.40 Million | €5.59 Million | €46.00K | ▼ -3.4 pp |
| 2016 | 28.2% | €6.61 Million | €23.47 Million | €6.83 Million | €217.00K | ▼ -8.4 pp |
| 2015 | 36.6% | €7.86 Million | €21.45 Million | €8.13 Million | €269.00K | ▲ +1.1 pp |
| 2014 | 35.5% | €7.98 Million | €22.46 Million | €8.28 Million | €298.00K | ▼ -11.0 pp |
| 2013 | 46.6% | €12.09 Million | €25.97 Million | €14.55 Million | €2.46 Million | ▲ +13.4 pp |
| 2012 | 33.2% | €16.13 Million | €48.62 Million | €27.88 Million | €11.74 Million | ▼ -15.5 pp |
| 2011 | 48.7% | €24.44 Million | €50.15 Million | €27.19 Million | €2.75 Million | ▲ +30.9 pp |
| 2010 | 17.8% | €10.10 Million | €56.75 Million | €13.35 Million | €3.25 Million | ▼ -29.4 pp |
| 2009 | 47.2% | €21.92 Million | €46.42 Million | €23.76 Million | €1.84 Million | ▲ +32.3 pp |
| 2008 | 14.9% | €5.69 Million | €38.20 Million | €7.06 Million | €1.37 Million | ▲ +3.7 pp |
| 2007 | 11.2% | €5.17 Million | €46.05 Million | €6.36 Million | €1.19 Million | ▲ +1.9 pp |
| 2006 | 9.3% | €2.86 Million | €30.83 Million | €3.78 Million | €922.00K | ▼ -5.9 pp |
| 2005 | 15.1% | €1.60 Million | €10.60 Million | €2.16 Million | €556.00K | ▲ +17.2 pp |
| 2004 | -2.0% | €-89.00K | €4.41 Million | €125.00K | €214.00K | ▼ -4.2 pp |
| 2003 | 2.1% | €96.00K | €4.48 Million | €264.00K | €168.00K | ▲ +6.7 pp |
| 2002 | -4.5% | €-143.00K | €3.16 Million | €93.00K | €236.00K | ▼ -4.0 pp |
| 2001 | -0.5% | €-18.00K | €3.39 Million | €166.00K | €184.00K | ▲ +2.4 pp |
| 2000 | -3.0% | €-93.00K | €3.14 Million | €114.00K | €207.00K | ▼ -14.3 pp |
| 1999 | 11.4% | €374.00K | €3.29 Million | €570.00K | €196.00K | ▼ -15.6 pp |
| 1998 | 27.0% | €887.00K | €3.29 Million | €1.14 Million | €256.00K | ▲ +27.7 pp |
| 1997 | -0.7% | €-15.00K | €2.18 Million | €321.00K | €336.00K | ▲ +3.0 pp |
| 1996 | -3.7% | €-72.00K | €1.93 Million | €106.00K | €178.00K | ▲ +4.7 pp |
| 1995 | -8.5% | €-179.00K | €2.12 Million | €108.00K | €287.00K | ▼ -0.3 pp |
| 1994 | -8.1% | €-146.00K | €1.79 Million | €167.00K | €313.00K | ▼ -15.5 pp |
| 1993 | 7.4% | €138.00K | €1.87 Million | €407.00K | €269.00K | ▲ +23.2 pp |
| 1992 | -15.8% | €-177.00K | €1.12 Million | €8.00K | €185.00K | ▼ -6.4 pp |
| 1991 | -9.4% | €-105.00K | €1.12 Million | €13.00K | €118.00K | ▼ -11.2 pp |
| 1990 | 1.8% | €30.00K | €1.64 Million | €193.00K | €163.00K | ▼ -0.5 pp |
| 1989 | 2.3% | €39.00K | €1.69 Million | €222.00K | €183.00K | ▼ -31.1 pp |
| 1988 | 33.4% | €342.00K | €1.02 Million | €371.00K | €29.00K | ▼ -11.2 pp |
| 1987 | 44.7% | €288.00K | €645.00K | €301.00K | €13.00K | — |