Conifer Holding Inc Working Capital to Net Assets Ratio
Conifer Holding Inc working capital to net assets ratio. Conifer Holding Inc (CNFR) has a Working Capital to Net Assets ratio of -14.1% as of March 2025. Working capital of $-3.60 Million (current assets of $19.85 Million minus current liabilities of $23.45 Million) is measured against net assets of $25.59 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Conifer Holding Inc (CNFR) tangible equity 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 Conifer Holding Inc (2013–2024)
Working capital to net assets ratio of Conifer Holding Inc from 2013 to 2024. This chart shows how Conifer Holding Inc's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2013 to 2024. As of March 2025, the ratio stands at -14.1%, reflecting working capital of $-3.60 Million against net assets of $25.59 Million USD. See CNFR cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Conifer Holding Inc Working Capital to Net Assets Ratio by Year (2013–2024)
Conifer Holding Inc working capital to net assets ratio by year from 2013 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Conifer Holding Inc from 2013 to 2024, covering 12 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 Conifer Holding Inc assets under control.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 54.5% | $11.72 Million | $21.52 Million | $37.55 Million | $25.83 Million | ▲ +95.7 pp |
| 2023 | -41.3% | $-1.19 Million | $2.89 Million | $90.24 Million | $91.43 Million | ▼ -87.2 pp |
| 2022 | 46.0% | $55.81 Million | $121.44 Million | $75.77 Million | $19.95 Million | ▲ +5.2 pp |
| 2021 | 40.7% | $104.58 Million | $256.84 Million | $109.90 Million | $5.32 Million | ▼ -443.5 pp |
| 2020 | 484.2% | $215.03 Million | $44.41 Million | $220.03 Million | $5.00 Million | ▼ -21.6 pp |
| 2019 | 505.8% | $216.10 Million | $42.73 Million | $218.10 Million | $2.00 Million | ▲ +363.7 pp |
| 2018 | 142.1% | $59.92 Million | $42.16 Million | $217.01 Million | $157.09 Million | ▲ +118.8 pp |
| 2017 | 23.4% | $12.34 Million | $52.83 Million | $169.52 Million | $157.18 Million | ▼ -10.4 pp |
| 2016 | 33.7% | $22.87 Million | $67.79 Million | $141.02 Million | $118.16 Million | ▼ -21.3 pp |
| 2015 | 55.0% | $42.51 Million | $77.26 Million | $130.43 Million | $87.92 Million | ▼ -53.9 pp |
| 2014 | 108.9% | $54.77 Million | $50.28 Million | $64.36 Million | $9.59 Million | ▼ -50.8 pp |
| 2013 | 159.7% | $33.94 Million | $21.25 Million | $37.28 Million | $3.34 Million | — |