Sparebank 1 Ringerike Hadeland (RING) — Working Capital to Net Assets Ratio
Sparebank 1 Ringerike Hadeland (RING) has a Working Capital to Net Assets ratio of -388.1% as of June 2023. Working capital of Nkr-16.73 Billion (current assets of Nkr3.62 Billion minus current liabilities of Nkr20.36 Billion) is measured against net assets of Nkr4.31 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See RING defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Sparebank 1 Ringerike Hadeland Working Capital to Net Assets (2013–2022)
This chart shows how Sparebank 1 Ringerike Hadeland's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2013 to 2022. As of June 2023, the ratio stands at -388.1%, reflecting working capital of Nkr-16.73 Billion against net assets of Nkr4.31 Billion NOK. For the complete balance sheet picture, see balance sheet size of Sparebank 1 Ringerike Hadeland.
Annual Working Capital to Net Assets for Sparebank 1 Ringerike Hadeland (2013–2022)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sparebank 1 Ringerike Hadeland 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. Check RING cash and 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) |
|---|---|---|---|---|---|---|
| 2022 | -382.1% | Nkr-16.52 Billion | Nkr4.32 Billion | Nkr3.42 Billion | Nkr19.94 Billion | ▼ -512.5 pp |
| 2021 | 130.4% | Nkr5.45 Billion | Nkr4.18 Billion | Nkr24.37 Billion | Nkr18.92 Billion | ▼ -7.8 pp |
| 2020 | 138.3% | Nkr5.44 Billion | Nkr3.94 Billion | Nkr23.55 Billion | Nkr18.11 Billion | ▼ -29.2 pp |
| 2019 | 167.5% | Nkr6.34 Billion | Nkr3.79 Billion | Nkr22.25 Billion | Nkr15.91 Billion | ▼ -13.5 pp |
| 2018 | 181.0% | Nkr6.41 Billion | Nkr3.54 Billion | Nkr21.02 Billion | Nkr14.61 Billion | ▲ +0.8 pp |
| 2017 | 180.2% | Nkr6.07 Billion | Nkr3.37 Billion | Nkr19.43 Billion | Nkr13.36 Billion | ▼ -29.4 pp |
| 2016 | 209.6% | Nkr6.09 Billion | Nkr2.91 Billion | Nkr18.95 Billion | Nkr12.85 Billion | ▲ +35.4 pp |
| 2015 | 174.2% | Nkr4.71 Billion | Nkr2.70 Billion | Nkr17.57 Billion | Nkr12.87 Billion | ▼ -40.7 pp |
| 2014 | 215.0% | Nkr5.50 Billion | Nkr2.56 Billion | Nkr17.13 Billion | Nkr11.63 Billion | ▼ -2.0 pp |
| 2013 | 216.9% | Nkr5.32 Billion | Nkr2.45 Billion | Nkr16.03 Billion | Nkr10.71 Billion | — |