Sparebank 1 SMN (MING) — Working Capital to Net Assets Ratio
Sparebank 1 SMN (MING) has a Working Capital to Net Assets ratio of -375.0% as of September 2023. Working capital of Nkr-99.57 Billion (current assets of Nkr64.60 Billion minus current liabilities of Nkr164.17 Billion) is measured against net assets of Nkr26.55 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial agility of Sparebank 1 SMN to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Sparebank 1 SMN Working Capital to Net Assets (2013–2022)
This chart shows how Sparebank 1 SMN's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2013 to 2022. As of September 2023, the ratio stands at -375.0%, reflecting working capital of Nkr-99.57 Billion against net assets of Nkr26.55 Billion NOK. See Sparebank 1 SMN (MING) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Sparebank 1 SMN (2013–2022)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sparebank 1 SMN from 2013 to 2022, covering 10 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 MING market cap.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | -607.6% | Nkr-145.88 Billion | Nkr24.01 Billion | Nkr10.97 Billion | Nkr156.85 Billion | ▼ -673.0 pp |
| 2021 | 65.5% | Nkr15.21 Billion | Nkr23.24 Billion | Nkr153.30 Billion | Nkr138.08 Billion | ▼ -3.0 pp |
| 2020 | 68.4% | Nkr14.59 Billion | Nkr21.31 Billion | Nkr142.82 Billion | Nkr128.23 Billion | ▼ -41.0 pp |
| 2019 | 109.5% | Nkr22.35 Billion | Nkr20.42 Billion | Nkr129.56 Billion | Nkr107.21 Billion | ▼ -41.5 pp |
| 2018 | 151.0% | Nkr28.21 Billion | Nkr18.68 Billion | Nkr127.18 Billion | Nkr98.97 Billion | ▲ +31.0 pp |
| 2017 | 120.0% | Nkr21.01 Billion | Nkr17.51 Billion | Nkr120.53 Billion | Nkr99.51 Billion | ▲ +0.6 pp |
| 2016 | 119.4% | Nkr18.27 Billion | Nkr15.30 Billion | Nkr107.05 Billion | Nkr88.78 Billion | ▲ +0.5 pp |
| 2015 | 118.9% | Nkr16.53 Billion | Nkr13.90 Billion | Nkr100.04 Billion | Nkr83.51 Billion | ▼ -10.9 pp |
| 2014 | 129.8% | Nkr16.26 Billion | Nkr12.53 Billion | Nkr97.78 Billion | Nkr81.52 Billion | ▼ -49.9 pp |
| 2013 | 179.8% | Nkr20.21 Billion | Nkr11.24 Billion | Nkr88.10 Billion | Nkr67.89 Billion | — |