Sparebanken Møre (MORG) — Working Capital to Net Assets Ratio
Sparebanken Møre (MORG) has a Working Capital to Net Assets ratio of -632.4% as of September 2023. Working capital of Nkr-52.94 Billion (current assets of Nkr1.50 Billion minus current liabilities of Nkr54.44 Billion) is measured against net assets of Nkr8.37 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Sparebanken Møre net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Sparebanken Møre Working Capital to Net Assets (2014–2022)
This chart shows how Sparebanken Møre's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2014 to 2022. As of September 2023, the ratio stands at -632.4%, reflecting working capital of Nkr-52.94 Billion against net assets of Nkr8.37 Billion NOK. Check tangible equity quality of Sparebanken Møre to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Sparebanken Møre (2014–2022)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sparebanken Møre from 2014 to 2022, covering 9 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 Sparebanken Møre (MORG) market capitalisation.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | -604.5% | Nkr-48.98 Billion | Nkr8.10 Billion | Nkr1.42 Billion | Nkr50.39 Billion | ▼ -930.7 pp |
| 2021 | 326.2% | Nkr24.69 Billion | Nkr7.57 Billion | Nkr71.34 Billion | Nkr46.65 Billion | ▼ -75.1 pp |
| 2020 | 401.2% | Nkr28.92 Billion | Nkr7.21 Billion | Nkr68.67 Billion | Nkr39.75 Billion | ▼ -14.8 pp |
| 2019 | 416.1% | Nkr29.00 Billion | Nkr6.97 Billion | Nkr66.28 Billion | Nkr37.28 Billion | ▲ +42.5 pp |
| 2018 | 373.5% | Nkr23.88 Billion | Nkr6.39 Billion | Nkr62.63 Billion | Nkr38.75 Billion | ▲ +14.1 pp |
| 2017 | 359.4% | Nkr21.84 Billion | Nkr6.08 Billion | Nkr58.93 Billion | Nkr37.09 Billion | ▲ +57.9 pp |
| 2016 | 301.5% | Nkr16.40 Billion | Nkr5.44 Billion | Nkr53.76 Billion | Nkr37.36 Billion | ▼ -84.2 pp |
| 2015 | 385.6% | Nkr19.71 Billion | Nkr5.11 Billion | Nkr53.68 Billion | Nkr33.96 Billion | ▲ +58.1 pp |
| 2014 | 327.5% | Nkr15.87 Billion | Nkr4.84 Billion | Nkr50.21 Billion | Nkr34.35 Billion | — |