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. For the complete balance sheet picture, see Ovoca Gold PLC (OVXA) total assets.
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. Explore capital reinvestment ratio of Ovoca Gold PLC to see what proportion of operating cash flow is directed to capital expenditures.
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. Explore OVXA long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
| 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 | — |