Trustco Group Holdings (TTO) — Working Capital to Net Assets Ratio
Trustco Group Holdings (TTO) has a Working Capital to Net Assets ratio of -88.3% as of December 2023. Working capital of ZAC-1.11 Billion (current assets of ZAC743.00 Million minus current liabilities of ZAC1.86 Billion) is measured against net assets of ZAC1.26 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of Trustco Group Holdings to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Trustco Group Holdings Working Capital to Net Assets (2009–2023)
This chart shows how Trustco Group Holdings's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2009 to 2023. As of December 2023, the ratio stands at -88.3%, reflecting working capital of ZAC-1.11 Billion against net assets of ZAC1.26 Billion ZAC. See TTO defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Trustco Group Holdings (2009–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Trustco Group Holdings from 2009 to 2023, covering 15 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 TTO company net worth.
| Year | WC/NA Ratio | Working Capital (ZAC) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | -148.3% | ZAC-1.71 Billion | ZAC1.15 Billion | ZAC737.00 Million | ZAC2.45 Billion | ▼ -117.0 pp |
| 2022 | -31.3% | ZAC-574.00 Million | ZAC1.83 Billion | ZAC690.00 Million | ZAC1.26 Billion | ▼ -6.4 pp |
| 2021 | -24.9% | ZAC-99.00 Million | ZAC397.00 Million | ZAC23.00 Million | ZAC122.00 Million | ▼ -54.0 pp |
| 2020 | 29.1% | ZAC1.19 Billion | ZAC4.10 Billion | ZAC1.96 Billion | ZAC767.51 Million | ▲ +49.0 pp |
| 2019 | -19.9% | ZAC-752.03 Million | ZAC3.77 Billion | ZAC1.39 Billion | ZAC2.15 Billion | ▼ -71.5 pp |
| 2018 | 51.5% | ZAC2.15 Billion | ZAC4.17 Billion | ZAC3.41 Billion | ZAC1.27 Billion | ▲ +31.3 pp |
| 2017 | 20.3% | ZAC504.93 Million | ZAC2.49 Billion | ZAC1.34 Billion | ZAC839.80 Million | ▼ -3.0 pp |
| 2016 | 23.2% | ZAC508.12 Million | ZAC2.19 Billion | ZAC1.09 Billion | ZAC578.88 Million | ▼ -23.7 pp |
| 2015 | 46.9% | ZAC727.08 Million | ZAC1.55 Billion | ZAC1.06 Billion | ZAC329.25 Million | ▲ +1.6 pp |
| 2014 | 45.3% | ZAC555.03 Million | ZAC1.22 Billion | ZAC956.30 Million | ZAC401.26 Million | ▲ +20.2 pp |
| 2013 | 25.2% | ZAC243.72 Million | ZAC968.13 Million | ZAC468.39 Million | ZAC224.67 Million | ▲ +5.5 pp |
| 2012 | 19.7% | ZAC179.54 Million | ZAC913.30 Million | ZAC532.30 Million | ZAC352.76 Million | ▲ +3.3 pp |
| 2011 | 16.4% | ZAC110.02 Million | ZAC672.54 Million | ZAC411.92 Million | ZAC301.90 Million | ▲ +15.8 pp |
| 2010 | 0.5% | ZAC2.65 Million | ZAC517.14 Million | ZAC248.06 Million | ZAC245.40 Million | ▲ +1.4 pp |
| 2009 | -0.9% | ZAC-2.23 Million | ZAC260.84 Million | ZAC202.12 Million | ZAC204.35 Million | — |