Jaeren Sparebank Working Capital to Net Assets Ratio
Jaeren Sparebank working capital to net assets ratio. Jaeren Sparebank (JAREN) has a Working Capital to Net Assets ratio of 145.9% as of June 2023. Working capital of Nkr3.45 Billion (current assets of Nkr14.76 Billion minus current liabilities of Nkr11.31 Billion) is measured against net assets of Nkr2.37 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check how tangible is Jaeren Sparebank's equity 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 Jaeren Sparebank (2017–2022)
Working capital to net assets ratio of Jaeren Sparebank from 2017 to 2022. This chart shows how Jaeren Sparebank's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2017 to 2022. As of June 2023, the ratio stands at 145.9%, reflecting working capital of Nkr3.45 Billion against net assets of Nkr2.37 Billion NOK. Read total liabilities of Jaeren Sparebank for a breakdown of total debt and financial obligations.
Jaeren Sparebank Working Capital to Net Assets Ratio by Year (2017–2022)
Jaeren Sparebank working capital to net assets ratio by year from 2017 to 2022. The table below presents the year-by-year Working Capital to Net Assets ratio for Jaeren Sparebank from 2017 to 2022, covering 6 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 Jaeren Sparebank (JAREN) total assets.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | -462.6% | Nkr-10.67 Billion | Nkr2.31 Billion | Nkr168.30 Million | Nkr10.84 Billion | ▲ +29.5 pp |
| 2021 | -492.1% | Nkr-10.36 Billion | Nkr2.11 Billion | Nkr138.93 Million | Nkr10.50 Billion | ▲ +26.9 pp |
| 2020 | -519.0% | Nkr-10.29 Billion | Nkr1.98 Billion | Nkr141.52 Million | Nkr10.43 Billion | ▲ +3.0 pp |
| 2019 | -522.0% | Nkr-9.85 Billion | Nkr1.89 Billion | Nkr145.90 Million | Nkr10.00 Billion | ▼ -38.4 pp |
| 2018 | -483.6% | Nkr-8.55 Billion | Nkr1.77 Billion | Nkr125.63 Million | Nkr8.67 Billion | ▲ +68.9 pp |
| 2017 | -552.5% | Nkr-8.43 Billion | Nkr1.53 Billion | Nkr141.01 Million | Nkr8.58 Billion | — |