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 net asset quality index of Sparebank 1 Ringerike Hadeland to measure how much of total assets are equity-financed.
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. Check Sparebank 1 Ringerike Hadeland tangible equity quality to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company profile, see Sparebank 1 Ringerike Hadeland stock valuation.
| 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 | — |