Cool Company Oy (CLCO) — Working Capital to Net Assets Ratio

Latest as of June 2025: -4.1%

Cool Company Oy (CLCO) has a Working Capital to Net Assets ratio of -4.1% as of June 2025. Working capital of Nkr-32.27 Million (current assets of Nkr123.94 Million minus current liabilities of Nkr156.21 Million) is measured against net assets of Nkr779.23 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See CLCO days of operational coverage to measure how many days the company can operate on defensive assets alone.

WC/NA Ratio

-4.1%
Working Capital / Net Assets

Working Capital

Nkr-32.27 Million
NOK

Current Assets

Nkr123.94 Million
NOK

Current Liabilities

Nkr156.21 Million
NOK

Cool Company Oy Working Capital to Net Assets (2021–2024)

This chart shows how Cool Company Oy's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2021 to 2024. As of June 2025, the ratio stands at -4.1%, reflecting working capital of Nkr-32.27 Million against net assets of Nkr779.23 Million NOK. For the complete balance sheet picture, see how large is Cool Company Oy's balance sheet.

Annual Working Capital to Net Assets for Cool Company Oy (2021–2024)

The table below presents the year-by-year Working Capital to Net Assets ratio for Cool Company Oy from 2021 to 2024, covering 4 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 CLCO financial resilience to evaluate the company's liquid asset resilience ratio.

Year WC/NA Ratio Working Capital (NOK) Net Assets Current Assets Current Liabilities Change (pp)
2024 -8.7% Nkr-66.52 Million Nkr761.50 Million Nkr177.21 Million Nkr243.73 Million ▲ +8.5 pp
2023 -17.2% Nkr-139.08 Million Nkr806.58 Million Nkr154.25 Million Nkr293.33 Million ▲ +3.4 pp
2022 -20.6% Nkr-133.25 Million Nkr646.56 Million Nkr145.34 Million Nkr278.59 Million ▲ +39.6 pp
2021 -60.2% Nkr-342.25 Million Nkr568.56 Million Nkr72.13 Million Nkr414.38 Million
pp = percentage points