Holdco Nuvo Group D.G Ltd Working Capital to Net Assets Ratio
Holdco Nuvo Group D.G Ltd working capital to net assets ratio. Holdco Nuvo Group D.G Ltd (NUVOQ) has a Working Capital to Net Assets ratio of 43.5% as of December 2023. Working capital of $-29.37 Million (current assets of $1.58 Million minus current liabilities of $30.95 Million) is measured against net assets of $-67.49 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Holdco Nuvo Group D.G Ltd balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Holdco Nuvo Group D.G Ltd (2021–2023)
Working capital to net assets ratio of Holdco Nuvo Group D.G Ltd from 2021 to 2023. This chart shows how Holdco Nuvo Group D.G Ltd's Working Capital to Net Assets ratio has evolved across 3 annual periods from 2021 to 2023. As of December 2023, the ratio stands at 43.5%, reflecting working capital of $-29.37 Million against net assets of $-67.49 Million USD. See operational self-sufficiency of Holdco Nuvo Group D.G Ltd to measure how many days the company can operate on defensive assets alone.
Holdco Nuvo Group D.G Ltd Working Capital to Net Assets Ratio by Year (2021–2023)
Holdco Nuvo Group D.G Ltd working capital to net assets ratio by year from 2021 to 2023. The table below presents the year-by-year Working Capital to Net Assets ratio for Holdco Nuvo Group D.G Ltd from 2021 to 2023, 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 the complete balance sheet picture, see Holdco Nuvo Group D.G Ltd balance sheet assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 43.5% | $-29.37 Million | $-67.49 Million | $1.58 Million | $30.95 Million | ▼ -58.4 pp |
| 2022 | 101.9% | $-39.44 Million | $-38.70 Million | $2.60 Million | $42.04 Million | ▼ -3.0 pp |
| 2021 | 104.9% | $-27.12 Million | $-25.84 Million | $5.78 Million | $32.90 Million | — |