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. See VOC net asset quality score to measure how much of total assets are equity-financed.
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. Check VOC Energy Trust (VOC) tangible equity ratio to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company profile, see VOC market cap.
| 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 | — |