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 Sparebank 1 SMN (MING) net asset quality to measure how much of total assets are equity-financed.
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. Check how tangible is Sparebank 1 SMN's equity to evaluate the tangible quality of the company's equity base.
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 Sparebank 1 SMN stock valuation.
| 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 | — |