Kanabo Group PLC (KNB) — Working Capital to Net Assets Ratio
Kanabo Group PLC (KNB) has a Working Capital to Net Assets ratio of 26.5% as of June 2024. Working capital of GBX1.57 Million (current assets of GBX2.45 Million minus current liabilities of GBX880.00K) is measured against net assets of GBX5.91 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Kanabo Group PLC defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Kanabo Group PLC Working Capital to Net Assets (2017–2023)
This chart shows how Kanabo Group PLC's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2017 to 2023. As of June 2024, the ratio stands at 26.5%, reflecting working capital of GBX1.57 Million against net assets of GBX5.91 Million GBX. For the complete balance sheet picture, see total assets of Kanabo Group PLC.
Annual Working Capital to Net Assets for Kanabo Group PLC (2017–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Kanabo Group PLC from 2017 to 2023, covering 7 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. Check financial resilience of Kanabo Group PLC to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 38.2% | GBX2.87 Million | GBX7.50 Million | GBX3.58 Million | GBX710.00K | ▲ +18.1 pp |
| 2022 | 20.1% | GBX2.50 Million | GBX12.45 Million | GBX4.00 Million | GBX1.50 Million | ▼ -64.6 pp |
| 2021 | 84.7% | GBX4.39 Million | GBX5.18 Million | GBX4.81 Million | GBX415.00K | ▼ -15.3 pp |
| 2020 | 100.0% | GBX738.00K | GBX738.00K | GBX792.00K | GBX54.00K | ▲ +14.8 pp |
| 2019 | 85.2% | GBX574.00K | GBX674.00K | GBX610.00K | GBX36.00K | ▼ -14.8 pp |
| 2018 | 100.0% | GBX1.04 Million | GBX1.04 Million | GBX1.05 Million | GBX17.00K | ▲ +0.0 pp |
| 2017 | 100.0% | GBX1.03 Million | GBX1.03 Million | GBX1.09 Million | GBX58.00K | — |