SeaBird Exploration Plc (SBX) — Working Capital to Net Assets Ratio
SeaBird Exploration Plc (SBX) has a Working Capital to Net Assets ratio of 15.0% as of December 2024. Working capital of Nkr4.46 Million (current assets of Nkr14.28 Million minus current liabilities of Nkr9.82 Million) is measured against net assets of Nkr29.70 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See SBX net asset quality score to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
SeaBird Exploration Plc Working Capital to Net Assets (2003–2024)
This chart shows how SeaBird Exploration Plc's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2003 to 2024. As of December 2024, the ratio stands at 15.0%, reflecting working capital of Nkr4.46 Million against net assets of Nkr29.70 Million NOK. Check SeaBird Exploration Plc tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for SeaBird Exploration Plc (2003–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for SeaBird Exploration Plc from 2003 to 2024, covering 22 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 SeaBird Exploration Plc market cap and net worth.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 15.0% | Nkr4.46 Million | Nkr29.70 Million | Nkr14.28 Million | Nkr9.82 Million | ▲ +14.5 pp |
| 2023 | 0.5% | Nkr138.00K | Nkr26.80 Million | Nkr14.24 Million | Nkr14.11 Million | ▲ +45.6 pp |
| 2022 | -45.1% | Nkr-13.45 Million | Nkr29.82 Million | Nkr22.61 Million | Nkr36.05 Million | ▼ -8.7 pp |
| 2021 | -36.4% | Nkr-10.32 Million | Nkr28.34 Million | Nkr23.65 Million | Nkr33.97 Million | ▼ -35.1 pp |
| 2020 | -1.4% | Nkr-486.00K | Nkr35.98 Million | Nkr21.65 Million | Nkr22.13 Million | ▲ +13.7 pp |
| 2019 | -15.0% | Nkr-7.07 Million | Nkr47.08 Million | Nkr16.30 Million | Nkr23.37 Million | ▼ -16.0 pp |
| 2018 | 1.0% | Nkr380.00K | Nkr37.51 Million | Nkr14.36 Million | Nkr13.98 Million | ▲ +51.7 pp |
| 2017 | -50.6% | Nkr-7.93 Million | Nkr15.67 Million | Nkr12.79 Million | Nkr20.72 Million | ▼ -26.0 pp |
| 2016 | -24.6% | Nkr-5.43 Million | Nkr22.07 Million | Nkr21.47 Million | Nkr26.90 Million | ▲ +7.8 pp |
| 2015 | -32.4% | Nkr-9.70 Million | Nkr29.98 Million | Nkr35.98 Million | Nkr45.68 Million | ▼ -361.2 pp |
| 2014 | 328.8% | Nkr-134.56 Million | Nkr-40.92 Million | Nkr47.34 Million | Nkr181.91 Million | ▲ +329.7 pp |
| 2013 | -0.9% | Nkr-503.00K | Nkr57.63 Million | Nkr57.61 Million | Nkr58.11 Million | ▼ -24.6 pp |
| 2012 | 23.7% | Nkr12.52 Million | Nkr52.80 Million | Nkr61.95 Million | Nkr49.42 Million | ▲ +33.6 pp |
| 2011 | -9.8% | Nkr-4.85 Million | Nkr49.30 Million | Nkr64.41 Million | Nkr69.26 Million | ▲ +14.6 pp |
| 2010 | -24.5% | Nkr-32.55 Million | Nkr132.94 Million | Nkr48.79 Million | Nkr81.34 Million | ▼ -9.4 pp |
| 2009 | -15.1% | Nkr-30.64 Million | Nkr203.37 Million | Nkr60.91 Million | Nkr91.56 Million | ▼ -2.1 pp |
| 2008 | -13.0% | Nkr-28.16 Million | Nkr217.13 Million | Nkr72.50 Million | Nkr100.66 Million | ▼ -4.1 pp |
| 2007 | -8.8% | Nkr-15.85 Million | Nkr179.62 Million | Nkr57.67 Million | Nkr73.52 Million | ▼ -13.6 pp |
| 2006 | 4.8% | Nkr9.09 Million | Nkr188.75 Million | Nkr39.92 Million | Nkr30.82 Million | ▼ -46.5 pp |
| 2005 | 51.3% | Nkr22.22 Million | Nkr43.33 Million | Nkr30.24 Million | Nkr8.02 Million | ▲ +22.0 pp |
| 2004 | 29.3% | Nkr4.44 Million | Nkr15.14 Million | Nkr11.56 Million | Nkr7.13 Million | ▲ +129.7 pp |
| 2003 | -100.4% | Nkr-1.78 Million | Nkr1.77 Million | Nkr7.98 Million | Nkr9.76 Million | — |