HPI AG Working Capital to Net Assets Ratio
HPI AG working capital to net assets ratio. HPI AG (CEW3) has a Working Capital to Net Assets ratio of -21.3% as of June 2013. Working capital of €-1.49 Million (current assets of €26.34 Million minus current liabilities of €27.83 Million) is measured against net assets of €6.99 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check CEW3 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of HPI AG (2009–2012)
Working capital to net assets ratio of HPI AG from 2009 to 2012. This chart shows how HPI AG's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2009 to 2012. As of June 2013, the ratio stands at -21.3%, reflecting working capital of €-1.49 Million against net assets of €6.99 Million EUR. See HPI AG liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
HPI AG Working Capital to Net Assets Ratio by Year (2009–2012)
HPI AG working capital to net assets ratio by year from 2009 to 2012. The table below presents the year-by-year Working Capital to Net Assets ratio for HPI AG from 2009 to 2012, covering 4 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 the complete balance sheet picture, see CEW3 asset base.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2012 | 38.9% | €2.96 Million | €7.61 Million | €24.25 Million | €21.29 Million | ▲ +11.1 pp |
| 2011 | 27.8% | €2.65 Million | €9.52 Million | €15.94 Million | €13.29 Million | ▼ -49.4 pp |
| 2010 | 77.2% | €4.89 Million | €6.34 Million | €10.59 Million | €5.70 Million | ▼ -58.9 pp |
| 2009 | 136.1% | €2.43 Million | €1.79 Million | €4.38 Million | €1.95 Million | — |