Hynion AS (HYN) — Working Capital to Net Assets Ratio
Hynion AS (HYN) has a Working Capital to Net Assets ratio of -111.6% as of June 2024. Working capital of Nkr-18.37 Million (current assets of Nkr10.57 Million minus current liabilities of Nkr28.94 Million) is measured against net assets of Nkr16.46 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See HYN equity to assets ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hynion AS Working Capital to Net Assets (2019–2023)
This chart shows how Hynion AS's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2019 to 2023. As of June 2024, the ratio stands at -111.6%, reflecting working capital of Nkr-18.37 Million against net assets of Nkr16.46 Million NOK. Check Hynion AS (HYN) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Hynion AS (2019–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Hynion AS from 2019 to 2023, covering 5 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 Hynion AS (HYN) total market value.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 34.3% | Nkr8.89 Million | Nkr25.91 Million | Nkr18.61 Million | Nkr9.72 Million | ▼ -21.2 pp |
| 2022 | 55.5% | Nkr30.93 Million | Nkr55.70 Million | Nkr45.15 Million | Nkr14.22 Million | ▼ -18.3 pp |
| 2021 | 73.8% | Nkr41.57 Million | Nkr56.32 Million | Nkr46.67 Million | Nkr5.11 Million | ▲ +60.7 pp |
| 2020 | 13.1% | Nkr917.42K | Nkr6.99 Million | Nkr1.92 Million | Nkr1.01 Million | ▼ -41.0 pp |
| 2019 | 54.2% | Nkr531.96K | Nkr981.96K | Nkr1.08 Million | Nkr550.76K | — |