Crown LNG Holdings Limited Warrants (CGBSW) — Working Capital to Net Assets Ratio
Crown LNG Holdings Limited Warrants (CGBSW) has a Working Capital to Net Assets ratio of -558.9% as of June 2024. Working capital of $-12.01 Million (current assets of $2.47 Million minus current liabilities of $14.48 Million) is measured against net assets of $2.15 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Crown LNG Holdings Limited Warrants defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Crown LNG Holdings Limited Warrants Working Capital to Net Assets (2020–2023)
This chart shows how Crown LNG Holdings Limited Warrants's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2020 to 2023. As of June 2024, the ratio stands at -558.9%, reflecting working capital of $-12.01 Million against net assets of $2.15 Million USD. For the complete balance sheet picture, see CGBSW asset base.
Annual Working Capital to Net Assets for Crown LNG Holdings Limited Warrants (2020–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Crown LNG Holdings Limited Warrants from 2020 to 2023, 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. Check Crown LNG Holdings Limited Warrants liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | -4.2% | $-9.35 Million | $222.60 Million | $3.48 Million | $12.83 Million | ▼ -4.0 pp |
| 2022 | -0.2% | $-670.49K | $292.85 Million | $54.58K | $725.07K | ▲ +13.4 pp |
| 2021 | -13.6% | $-4.87 Million | $35.68 Million | $939.00K | $5.81 Million | ▼ -153.3 pp |
| 2020 | 139.7% | $26.90K | $19.26K | $94.00K | $67.10K | — |