Odfjell Technology Ltd (OTL) — Working Capital to Net Assets Ratio
Odfjell Technology Ltd (OTL) has a Working Capital to Net Assets ratio of 73.9% as of September 2025. Working capital of Nkr910.90 Million (current assets of Nkr2.00 Billion minus current liabilities of Nkr1.08 Billion) is measured against net assets of Nkr1.23 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Odfjell Technology Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Odfjell Technology Ltd Working Capital to Net Assets (2018–2024)
This chart shows how Odfjell Technology Ltd's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2018 to 2024. As of September 2025, the ratio stands at 73.9%, reflecting working capital of Nkr910.90 Million against net assets of Nkr1.23 Billion NOK. For the complete balance sheet picture, see Odfjell Technology Ltd balance sheet assets.
Annual Working Capital to Net Assets for Odfjell Technology Ltd (2018–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Odfjell Technology Ltd from 2018 to 2024, covering 7 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. Check Odfjell Technology Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 62.3% | Nkr856.90 Million | Nkr1.38 Billion | Nkr2.03 Billion | Nkr1.18 Billion | ▼ -14.1 pp |
| 2023 | 76.4% | Nkr822.40 Million | Nkr1.08 Billion | Nkr1.86 Billion | Nkr1.04 Billion | ▲ +2.2 pp |
| 2022 | 74.2% | Nkr578.00 Million | Nkr778.80 Million | Nkr1.65 Billion | Nkr1.07 Billion | ▲ +7.0 pp |
| 2021 | 67.2% | Nkr1.99 Billion | Nkr2.96 Billion | Nkr2.77 Billion | Nkr778.70 Million | ▲ +0.9 pp |
| 2020 | 66.4% | Nkr1.75 Billion | Nkr2.64 Billion | Nkr2.28 Billion | Nkr528.20 Million | ▲ +79.6 pp |
| 2019 | -13.3% | Nkr-43.15 Million | Nkr325.22 Million | Nkr16.51 Million | Nkr59.66 Million | ▼ -75.8 pp |
| 2018 | 62.5% | Nkr177.15 Million | Nkr283.38 Million | Nkr233.05 Million | Nkr55.90 Million | — |