Archer Ltd. (0RBA) — Working Capital to Net Assets Ratio

Latest as of September 2021: 56.4%

Archer Ltd. (0RBA) has a Working Capital to Net Assets ratio of 56.4% as of September 2021. Working capital of Nkr58.00 Million (current assets of Nkr247.60 Million minus current liabilities of Nkr189.60 Million) is measured against net assets of Nkr102.90 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is Archer Ltd.'s balance sheet to measure how much of total assets are equity-financed.

WC/NA Ratio

56.4%
Working Capital / Net Assets

Working Capital

Nkr58.00 Million
NOK

Current Assets

Nkr247.60 Million
NOK

Current Liabilities

Nkr189.60 Million
NOK

Archer Ltd. Working Capital to Net Assets (2016–2020)

This chart shows how Archer Ltd.'s Working Capital to Net Assets ratio has evolved across 5 annual periods from 2016 to 2020. As of September 2021, the ratio stands at 56.4%, reflecting working capital of Nkr58.00 Million against net assets of Nkr102.90 Million NOK. Check tangible net worth ratio of Archer Ltd. to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Archer Ltd. (2016–2020)

The table below presents the year-by-year Working Capital to Net Assets ratio for Archer Ltd. from 2016 to 2020, covering 5 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 0RBA market cap.

Year WC/NA Ratio Working Capital (NOK) Net Assets Current Assets Current Liabilities Change (pp)
2020 60.6% Nkr66.10 Million Nkr109.10 Million Nkr245.00 Million Nkr178.90 Million ▲ +481.4 pp
2019 -420.8% Nkr-456.20 Million Nkr108.40 Million Nkr266.10 Million Nkr722.30 Million ▼ -479.0 pp
2018 58.2% Nkr85.60 Million Nkr147.20 Million Nkr243.90 Million Nkr158.30 Million ▼ -3.8 pp
2017 62.0% Nkr124.20 Million Nkr200.40 Million Nkr302.00 Million Nkr177.80 Million ▲ +149.8 pp
2016 -87.8% Nkr-26.00 Million Nkr29.60 Million Nkr287.10 Million Nkr313.10 Million
pp = percentage points