Awilco Drilling PLC (AWDR) — Working Capital to Net Assets Ratio
Awilco Drilling PLC (AWDR) has a Working Capital to Net Assets ratio of 100.0% as of December 2023. Working capital of Nkr-7.00 Million (current assets of Nkr1.90 Million minus current liabilities of Nkr8.90 Million) is measured against net assets of Nkr-7.00 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Awilco Drilling PLC defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Awilco Drilling PLC Working Capital to Net Assets (2010–2023)
This chart shows how Awilco Drilling PLC's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2010 to 2023. As of December 2023, the ratio stands at 100.0%, reflecting working capital of Nkr-7.00 Million against net assets of Nkr-7.00 Million NOK. For the complete balance sheet picture, see total assets of Awilco Drilling PLC.
Annual Working Capital to Net Assets for Awilco Drilling PLC (2010–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Awilco Drilling PLC from 2010 to 2023, covering 14 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. Check financial resilience of Awilco Drilling PLC to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 100.0% | Nkr-7.00 Million | Nkr-7.00 Million | Nkr1.90 Million | Nkr8.90 Million | ▲ +0.1 pp |
| 2022 | 99.9% | Nkr-126.81 Million | Nkr-126.95 Million | Nkr11.52 Million | Nkr138.32 Million | ▲ +140.6 pp |
| 2021 | -40.7% | Nkr-4.44 Million | Nkr10.90 Million | Nkr10.46 Million | Nkr14.90 Million | ▼ -60.3 pp |
| 2020 | 19.5% | Nkr16.24 Million | Nkr83.13 Million | Nkr24.18 Million | Nkr7.93 Million | ▲ +0.2 pp |
| 2019 | 19.4% | Nkr48.61 Million | Nkr250.99 Million | Nkr55.92 Million | Nkr7.31 Million | ▼ -9.2 pp |
| 2018 | 28.5% | Nkr74.60 Million | Nkr261.39 Million | Nkr80.95 Million | Nkr6.35 Million | ▼ -28.2 pp |
| 2017 | 56.8% | Nkr131.28 Million | Nkr231.21 Million | Nkr151.72 Million | Nkr20.44 Million | ▲ +23.2 pp |
| 2016 | 33.6% | Nkr76.27 Million | Nkr227.07 Million | Nkr121.47 Million | Nkr45.20 Million | ▼ -11.4 pp |
| 2015 | 45.0% | Nkr109.83 Million | Nkr244.28 Million | Nkr219.20 Million | Nkr109.37 Million | ▲ +12.6 pp |
| 2014 | 32.4% | Nkr67.47 Million | Nkr208.35 Million | Nkr204.10 Million | Nkr136.64 Million | ▲ +8.6 pp |
| 2013 | 23.8% | Nkr49.29 Million | Nkr207.51 Million | Nkr140.28 Million | Nkr90.99 Million | ▲ +9.1 pp |
| 2012 | 14.7% | Nkr26.19 Million | Nkr178.35 Million | Nkr66.08 Million | Nkr39.89 Million | ▲ +24.7 pp |
| 2011 | -10.0% | Nkr-13.87 Million | Nkr138.95 Million | Nkr53.03 Million | Nkr66.89 Million | ▼ -45.9 pp |
| 2010 | 35.9% | Nkr44.44 Million | Nkr123.83 Million | Nkr73.53 Million | Nkr29.08 Million | — |