Philly Shipyard ASA (PHLY) — Working Capital to Net Assets Ratio
Philly Shipyard ASA (PHLY) has a Working Capital to Net Assets ratio of 15.1% as of June 2025. Working capital of Nkr1.80 Million (current assets of Nkr1.90 Million minus current liabilities of Nkr100.00K) is measured against net assets of Nkr11.90 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Philly Shipyard ASA Working Capital to Net Assets (2016–2024)
This chart shows how Philly Shipyard ASA's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of June 2025, the ratio stands at 15.1%, reflecting working capital of Nkr1.80 Million against net assets of Nkr11.90 Million NOK. See Philly Shipyard ASA liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Philly Shipyard ASA (2016–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Philly Shipyard ASA from 2016 to 2024, 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 the complete balance sheet picture, see PHLY asset base.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 89.6% | Nkr86.35 Million | Nkr96.35 Million | Nkr88.12 Million | Nkr1.77 Million | ▲ +1919.8 pp |
| 2023 | -1830.2% | Nkr-106.79 Million | Nkr5.83 Million | Nkr173.85 Million | Nkr280.64 Million | ▼ -1743.2 pp |
| 2022 | -87.0% | Nkr-64.19 Million | Nkr73.77 Million | Nkr208.99 Million | Nkr273.17 Million | ▼ -66.8 pp |
| 2021 | -20.2% | Nkr-17.28 Million | Nkr85.50 Million | Nkr331.49 Million | Nkr348.77 Million | ▼ -39.0 pp |
| 2020 | 18.8% | Nkr17.41 Million | Nkr92.84 Million | Nkr159.19 Million | Nkr141.78 Million | ▼ -40.5 pp |
| 2019 | 59.3% | Nkr54.09 Million | Nkr91.27 Million | Nkr122.42 Million | Nkr68.34 Million | ▲ +24.2 pp |
| 2018 | 35.0% | Nkr39.05 Million | Nkr111.48 Million | Nkr56.42 Million | Nkr17.38 Million | ▼ -31.8 pp |
| 2017 | 66.8% | Nkr103.95 Million | Nkr155.58 Million | Nkr141.29 Million | Nkr37.34 Million | ▲ +59.3 pp |
| 2016 | 7.5% | Nkr6.89 Million | Nkr91.38 Million | Nkr263.93 Million | Nkr257.05 Million | — |