Kanabo Group PLC (KNB) — Working Capital to Net Assets Ratio

Latest as of June 2024: 26.5%

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 debt-free asset ratio of Kanabo Group PLC to measure how much of total assets are equity-financed.

WC/NA Ratio

26.5%
Working Capital / Net Assets

Working Capital

GBX1.57 Million
GBX

Current Assets

GBX2.45 Million
GBX

Current Liabilities

GBX880.00K
GBX

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. Check tangible equity quality of Kanabo Group PLC to evaluate the tangible quality of the company's equity base.

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. For live market cap and the full company profile, see KNB market cap.

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
pp = percentage points