Grong Sparebank Working Capital to Net Assets Ratio
Grong Sparebank working capital to net assets ratio. Grong Sparebank (GRONG) has a Working Capital to Net Assets ratio of -494.2% as of June 2023. Working capital of Nkr-5.88 Billion (current assets of Nkr1.40 Billion minus current liabilities of Nkr7.28 Billion) is measured against net assets of Nkr1.19 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check GRONG tangible net assets ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Grong Sparebank (2016–2022)
Working capital to net assets ratio of Grong Sparebank from 2016 to 2022. This chart shows how Grong Sparebank's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2016 to 2022. As of June 2023, the ratio stands at -494.2%, reflecting working capital of Nkr-5.88 Billion against net assets of Nkr1.19 Billion NOK. See GRONG defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Grong Sparebank Working Capital to Net Assets Ratio by Year (2016–2022)
Grong Sparebank working capital to net assets ratio by year from 2016 to 2022. The table below presents the year-by-year Working Capital to Net Assets ratio for Grong Sparebank from 2016 to 2022, covering 7 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 the complete balance sheet picture, see Grong Sparebank assets under control.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | -519.0% | Nkr-6.03 Billion | Nkr1.16 Billion | Nkr693.80 Million | Nkr6.72 Billion | ▲ +61.5 pp |
| 2021 | -580.5% | Nkr-5.35 Billion | Nkr921.66 Million | Nkr441.41 Million | Nkr5.79 Billion | ▼ -3.5 pp |
| 2020 | -577.0% | Nkr-4.85 Billion | Nkr841.39 Million | Nkr466.85 Million | Nkr5.32 Billion | ▲ +135.2 pp |
| 2019 | -712.2% | Nkr-4.93 Billion | Nkr692.06 Million | Nkr318.81 Million | Nkr5.25 Billion | ▲ +31.4 pp |
| 2018 | -743.6% | Nkr-4.58 Billion | Nkr616.11 Million | Nkr287.52 Million | Nkr4.87 Billion | ▼ -88.8 pp |
| 2017 | -654.7% | Nkr-3.80 Billion | Nkr580.78 Million | Nkr283.75 Million | Nkr4.09 Billion | ▲ +180.6 pp |
| 2016 | -835.3% | Nkr-3.99 Billion | Nkr477.28 Million | Nkr132.01 Million | Nkr4.12 Billion | — |