Toro Ltd (TORO) — Working Capital to Net Assets Ratio
Toro Ltd (TORO) has a Working Capital to Net Assets ratio of -0.5% as of March 2025. Working capital of €-1.07 Million (current assets of €30.51 Million minus current liabilities of €31.58 Million) is measured against net assets of €222.11 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of Toro Ltd to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Toro Ltd Working Capital to Net Assets (2016–2023)
This chart shows how Toro Ltd's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2016 to 2023. As of March 2025, the ratio stands at -0.5%, reflecting working capital of €-1.07 Million against net assets of €222.11 Million EUR. See defensive interval ratio of Toro Ltd to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Toro Ltd (2016–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Toro Ltd from 2016 to 2023, covering 6 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 Toro Ltd market cap and net worth.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 6.8% | €13.47 Million | €198.95 Million | €7.61 Million | €-5.86 Million | ▲ +12.8 pp |
| 2019 | -6.0% | €-20.58 Million | €340.18 Million | €14.89 Million | €35.47 Million | ▲ +0.0 pp |
| 2019 | -6.0% | €-20.58 Million | €340.18 Million | €14.89 Million | €35.47 Million | ▼ -17.1 pp |
| 2018 | 11.1% | €36.52 Million | €330.02 Million | €38.94 Million | €2.42 Million | ▼ -7.5 pp |
| 2017 | 18.5% | €63.18 Million | €340.66 Million | €66.80 Million | €3.62 Million | ▲ +11.2 pp |
| 2016 | 7.4% | €26.44 Million | €359.27 Million | €29.94 Million | €3.50 Million | — |