General Oceans ASA (GENO) — Working Capital to Net Assets Ratio
General Oceans ASA (GENO) has a Working Capital to Net Assets ratio of 65.4% as of March 2026. Working capital of Nkr762.48 Million (current assets of Nkr1.36 Billion minus current liabilities of Nkr592.55 Million) is measured against net assets of Nkr1.17 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See GENO financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
General Oceans ASA Working Capital to Net Assets (2023–2025)
This chart shows how General Oceans ASA's Working Capital to Net Assets ratio has evolved across 3 annual periods from 2023 to 2025. As of March 2026, the ratio stands at 65.4%, reflecting working capital of Nkr762.48 Million against net assets of Nkr1.17 Billion NOK. See General Oceans ASA defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for General Oceans ASA (2023–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for General Oceans ASA from 2023 to 2025, 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 GENO stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 41.3% | Nkr292.44 Million | Nkr707.84 Million | Nkr825.82 Million | Nkr533.38 Million | ▲ +2.1 pp |
| 2024 | 39.3% | Nkr281.98 Million | Nkr718.39 Million | Nkr708.37 Million | Nkr426.39 Million | ▼ -17.5 pp |
| 2023 | 56.7% | Nkr354.79 Million | Nkr625.28 Million | Nkr535.87 Million | Nkr181.08 Million | — |