Instabank ASA (INSTA) — Working Capital to Net Assets Ratio
Instabank ASA (INSTA) has a Working Capital to Net Assets ratio of -589.2% as of June 2023. Working capital of Nkr-5.29 Billion (current assets of Nkr35.05 Million minus current liabilities of Nkr5.32 Billion) is measured against net assets of Nkr897.17 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Instabank ASA 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
Instabank ASA Working Capital to Net Assets (2016–2022)
This chart shows how Instabank ASA'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 -589.2%, reflecting working capital of Nkr-5.29 Billion against net assets of Nkr897.17 Million NOK. See how many days can Instabank ASA fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Instabank ASA (2016–2022)
The table below presents the year-by-year Working Capital to Net Assets ratio for Instabank ASA 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 live market cap and the full company profile, see market value of Instabank ASA.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | -595.2% | Nkr-4.68 Billion | Nkr786.27 Million | Nkr232.55 Million | Nkr4.91 Billion | ▼ -23.0 pp |
| 2021 | -572.2% | Nkr-3.81 Billion | Nkr666.11 Million | Nkr288.81 Million | Nkr4.10 Billion | ▼ -38.9 pp |
| 2020 | -533.3% | Nkr-3.11 Billion | Nkr583.68 Million | Nkr216.40 Million | Nkr3.33 Billion | ▼ -74.0 pp |
| 2019 | -459.3% | Nkr-2.61 Billion | Nkr567.63 Million | Nkr285.13 Million | Nkr2.89 Billion | ▲ +80.0 pp |
| 2018 | -539.3% | Nkr-2.61 Billion | Nkr483.73 Million | Nkr257.99 Million | Nkr2.87 Billion | ▲ +77.5 pp |
| 2017 | -616.8% | Nkr-1.74 Billion | Nkr282.67 Million | Nkr84.94 Million | Nkr1.83 Billion | ▼ -543.8 pp |
| 2016 | -72.9% | Nkr-172.75 Million | Nkr236.86 Million | Nkr117.30 Million | Nkr290.05 Million | — |