Romsdal Sparebank (ROMSB) — Working Capital to Net Assets Ratio

Latest as of June 2023: -487.7%

Romsdal Sparebank (ROMSB) has a Working Capital to Net Assets ratio of -487.7% as of June 2023. Working capital of Nkr-4.41 Billion (current assets of Nkr699.59 Million minus current liabilities of Nkr5.11 Billion) is measured against net assets of Nkr904.52 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Romsdal Sparebank net asset quality index to measure how much of total assets are equity-financed.

WC/NA Ratio

-487.7%
Working Capital / Net Assets

Working Capital

Nkr-4.41 Billion
NOK

Current Assets

Nkr699.59 Million
NOK

Current Liabilities

Nkr5.11 Billion
NOK

Romsdal Sparebank Working Capital to Net Assets (2018–2022)

This chart shows how Romsdal Sparebank's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2018 to 2022. As of June 2023, the ratio stands at -487.7%, reflecting working capital of Nkr-4.41 Billion against net assets of Nkr904.52 Million NOK. Check how tangible is Romsdal Sparebank's equity to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Romsdal Sparebank (2018–2022)

The table below presents the year-by-year Working Capital to Net Assets ratio for Romsdal Sparebank from 2018 to 2022, covering 5 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 market cap of Romsdal Sparebank.

Year WC/NA Ratio Working Capital (NOK) Net Assets Current Assets Current Liabilities Change (pp)
2022 -482.9% Nkr-4.28 Billion Nkr887.13 Million Nkr674.58 Million Nkr4.96 Billion ▲ +91.2 pp
2021 -574.2% Nkr-4.63 Billion Nkr805.60 Million Nkr369.75 Million Nkr5.00 Billion ▲ +8.3 pp
2020 -582.5% Nkr-4.44 Billion Nkr763.09 Million Nkr350.31 Million Nkr4.80 Billion ▲ +122.6 pp
2019 -705.1% Nkr-3.90 Billion Nkr553.63 Million Nkr289.95 Million Nkr4.19 Billion ▼ -51.1 pp
2018 -653.9% Nkr-3.45 Billion Nkr528.03 Million Nkr156.45 Million Nkr3.61 Billion
pp = percentage points