Sparebank 1 Nord-Norge Working Capital to Net Assets Ratio
Sparebank 1 Nord-Norge working capital to net assets ratio. Sparebank 1 Nord-Norge (NONG) has a Working Capital to Net Assets ratio of -532.2% as of September 2023. Working capital of Nkr-84.49 Billion (current assets of Nkr7.01 Billion minus current liabilities of Nkr91.51 Billion) is measured against net assets of Nkr15.88 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Sparebank 1 Nord-Norge (NONG) tangible net worth 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 Sparebank 1 Nord-Norge (2013–2022)
Working capital to net assets ratio of Sparebank 1 Nord-Norge from 2013 to 2022. This chart shows how Sparebank 1 Nord-Norge'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 -532.2%, reflecting working capital of Nkr-84.49 Billion against net assets of Nkr15.88 Billion NOK. See NONG days of operational coverage to measure how many days the company can operate on defensive assets alone.
Sparebank 1 Nord-Norge Working Capital to Net Assets Ratio by Year (2013–2022)
Sparebank 1 Nord-Norge working capital to net assets ratio by year from 2013 to 2022. The table below presents the year-by-year Working Capital to Net Assets ratio for Sparebank 1 Nord-Norge 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 the complete balance sheet picture, see Sparebank 1 Nord-Norge total assets.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | -504.4% | Nkr-79.15 Billion | Nkr15.69 Billion | Nkr6.17 Billion | Nkr85.32 Billion | ▼ -540.2 pp |
| 2021 | 35.8% | Nkr5.96 Billion | Nkr16.65 Billion | Nkr91.61 Billion | Nkr85.64 Billion | ▼ -29.2 pp |
| 2020 | 65.0% | Nkr9.77 Billion | Nkr15.02 Billion | Nkr90.83 Billion | Nkr81.06 Billion | ▼ -27.3 pp |
| 2019 | 92.3% | Nkr13.09 Billion | Nkr14.17 Billion | Nkr88.41 Billion | Nkr75.32 Billion | ▼ -30.1 pp |
| 2018 | 122.4% | Nkr15.99 Billion | Nkr13.06 Billion | Nkr86.01 Billion | Nkr70.02 Billion | ▲ +3.6 pp |
| 2017 | 118.9% | Nkr14.62 Billion | Nkr12.30 Billion | Nkr78.59 Billion | Nkr63.97 Billion | ▲ +3.2 pp |
| 2016 | 115.7% | Nkr12.74 Billion | Nkr11.01 Billion | Nkr73.71 Billion | Nkr60.96 Billion | ▲ +20.6 pp |
| 2015 | 95.1% | Nkr9.48 Billion | Nkr9.96 Billion | Nkr66.68 Billion | Nkr57.20 Billion | ▼ -25.3 pp |
| 2014 | 120.4% | Nkr11.25 Billion | Nkr9.34 Billion | Nkr66.03 Billion | Nkr54.78 Billion | ▲ +34.0 pp |
| 2013 | 86.4% | Nkr7.35 Billion | Nkr8.50 Billion | Nkr60.06 Billion | Nkr52.71 Billion | — |