Eagle Bulk Shipping Inc Working Capital to Net Assets Ratio
Eagle Bulk Shipping Inc working capital to net assets ratio. Eagle Bulk Shipping Inc (EGLE) has a Working Capital to Net Assets ratio of -3.9% as of December 2023. Working capital of $-23.30 Million (current assets of $189.55 Million minus current liabilities of $212.85 Million) is measured against net assets of $600.22 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible equity quality of Eagle Bulk Shipping Inc 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 Eagle Bulk Shipping Inc (2005–2023)
Working capital to net assets ratio of Eagle Bulk Shipping Inc from 2005 to 2023. This chart shows how Eagle Bulk Shipping Inc's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2005 to 2023. As of December 2023, the ratio stands at -3.9%, reflecting working capital of $-23.30 Million against net assets of $600.22 Million USD. See Eagle Bulk Shipping Inc (EGLE) liquidity interval to measure how many days the company can operate on defensive assets alone.
Eagle Bulk Shipping Inc Working Capital to Net Assets Ratio by Year (2005–2023)
Eagle Bulk Shipping Inc working capital to net assets ratio by year from 2005 to 2023. The table below presents the year-by-year Working Capital to Net Assets ratio for Eagle Bulk Shipping Inc from 2005 to 2023, covering 19 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 how large is Eagle Bulk Shipping Inc's balance sheet.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | -3.9% | $-23.30 Million | $600.22 Million | $189.55 Million | $212.85 Million | ▼ -20.1 pp |
| 2022 | 16.2% | $133.06 Million | $819.18 Million | $262.02 Million | $128.97 Million | ▲ +11.4 pp |
| 2021 | 4.8% | $32.43 Million | $671.27 Million | $156.03 Million | $123.60 Million | ▼ -2.8 pp |
| 2020 | 7.6% | $35.82 Million | $470.42 Million | $118.26 Million | $82.44 Million | ▲ +8.0 pp |
| 2019 | -0.3% | $-1.68 Million | $481.50 Million | $100.53 Million | $102.22 Million | ▼ -11.9 pp |
| 2018 | 11.6% | $55.48 Million | $479.61 Million | $118.47 Million | $62.99 Million | ▼ -4.6 pp |
| 2017 | 16.1% | $74.40 Million | $461.17 Million | $105.22 Million | $30.82 Million | ▼ -3.5 pp |
| 2016 | 19.6% | $78.69 Million | $400.48 Million | $104.27 Million | $25.58 Million | ▲ +19.0 pp |
| 2015 | 0.6% | $3.11 Million | $518.34 Million | $41.03 Million | $37.91 Million | ▼ -4.8 pp |
| 2014 | 5.4% | $35.59 Million | $664.09 Million | $76.59 Million | $41.00 Million | ▲ +218.1 pp |
| 2013 | -212.8% | $-1.13 Billion | $531.19 Million | $61.93 Million | $1.19 Billion | ▼ -214.4 pp |
| 2012 | 1.7% | $9.81 Million | $594.19 Million | $43.80 Million | $33.99 Million | ▲ +3.6 pp |
| 2011 | -2.0% | $-13.23 Million | $674.18 Million | $55.89 Million | $69.12 Million | ▼ -19.9 pp |
| 2010 | 18.0% | $120.22 Million | $669.09 Million | $150.73 Million | $30.52 Million | ▲ +8.7 pp |
| 2009 | 9.3% | $57.70 Million | $619.73 Million | $84.21 Million | $26.51 Million | ▲ +10.3 pp |
| 2008 | -1.0% | $-4.54 Million | $471.43 Million | $16.86 Million | $21.40 Million | ▼ -29.5 pp |
| 2007 | 28.6% | $147.19 Million | $514.97 Million | $157.45 Million | $10.26 Million | ▲ +22.1 pp |
| 2006 | 6.5% | $20.77 Million | $321.58 Million | $27.65 Million | $6.88 Million | ▼ -2.2 pp |
| 2005 | 8.6% | $27.28 Million | $315.79 Million | $33.83 Million | $6.55 Million | — |