VOC Energy Trust (VOC) — Working Capital to Net Assets Ratio
VOC Energy Trust (VOC) has a Working Capital to Net Assets ratio of -12.4% as of December 2010. Working capital of $4.74 Million (current assets of $16.60 Million minus current liabilities of $11.86 Million) is measured against net assets of $-38.10 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. For the complete balance sheet picture, see VOC Energy Trust asset portfolio.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
VOC Energy Trust Working Capital to Net Assets (2008–2010)
This chart shows how VOC Energy Trust's Working Capital to Net Assets ratio has evolved across 3 annual periods from 2008 to 2010. As of December 2010, the ratio stands at -12.4%, reflecting working capital of $4.74 Million against net assets of $-38.10 Million USD. Explore VOC Energy Trust (VOC) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.
Annual Working Capital to Net Assets for VOC Energy Trust (2008–2010)
The table below presents the year-by-year Working Capital to Net Assets ratio for VOC Energy Trust from 2008 to 2010, 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. Explore VOC Energy Trust long-term investment intensity to see how much of total assets are deployed in long-term investments.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2010 | -12.4% | $4.74 Million | $-38.10 Million | $16.60 Million | $11.86 Million | ▼ -18.7 pp |
| 2009 | 6.3% | $4.26 Million | $67.51 Million | $9.71 Million | $5.45 Million | ▼ -3.7 pp |
| 2008 | 10.0% | $6.80 Million | $67.86 Million | $10.74 Million | $3.95 Million | — |