General de Galerias Comerciales SOCIMI S.A. (GGC) — Working Capital to Net Assets Ratio

Latest as of December 2022: 44.4%

General de Galerias Comerciales SOCIMI S.A. (GGC) has a Working Capital to Net Assets ratio of 44.4% as of December 2022. Working capital of €281.65 Million (current assets of €363.05 Million minus current liabilities of €81.41 Million) is measured against net assets of €634.77 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See GGC net asset quality score to measure how much of total assets are equity-financed.

WC/NA Ratio

44.4%
Working Capital / Net Assets

Working Capital

€281.65 Million
EUR

Current Assets

€363.05 Million
EUR

Current Liabilities

€81.41 Million
EUR

General de Galerias Comerciales SOCIMI S.A. Working Capital to Net Assets (2018–2022)

This chart shows how General de Galerias Comerciales SOCIMI S.A.'s Working Capital to Net Assets ratio has evolved across 3 annual periods from 2018 to 2022. As of December 2022, the ratio stands at 44.4%, reflecting working capital of €281.65 Million against net assets of €634.77 Million EUR. Check GGC tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for General de Galerias Comerciales SOCIMI S.A. (2018–2022)

The table below presents the year-by-year Working Capital to Net Assets ratio for General de Galerias Comerciales SOCIMI S.A. from 2018 to 2022, covering 3 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 GGC company net worth.

Year WC/NA Ratio Working Capital (EUR) Net Assets Current Assets Current Liabilities Change (pp)
2022 44.4% €281.65 Million €634.77 Million €363.05 Million €81.41 Million ▼ -0.1 pp
2021 44.5% €278.71 Million €626.69 Million €319.58 Million €40.87 Million ▼ -13.3 pp
2018 57.8% €383.64 Million €663.58 Million €398.65 Million €15.01 Million
pp = percentage points