Sparebank 1 Ostfold Akershus Working Capital to Net Assets Ratio
Sparebank 1 Ostfold Akershus working capital to net assets ratio. Sparebank 1 Ostfold Akershus (SOAG) has a Working Capital to Net Assets ratio of -323.4% as of June 2023. Working capital of Nkr-14.18 Billion (current assets of Nkr4.79 Billion minus current liabilities of Nkr18.97 Billion) is measured against net assets of Nkr4.38 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Sparebank 1 Ostfold Akershus tangible book value ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Sparebank 1 Ostfold Akershus (2013–2021)
Working capital to net assets ratio of Sparebank 1 Ostfold Akershus from 2013 to 2021. This chart shows how Sparebank 1 Ostfold Akershus's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2013 to 2021. As of June 2023, the ratio stands at -323.4%, reflecting working capital of Nkr-14.18 Billion against net assets of Nkr4.38 Billion NOK. See SOAG days of operational coverage to measure how many days the company can operate on defensive assets alone.
Sparebank 1 Ostfold Akershus Working Capital to Net Assets Ratio by Year (2013–2021)
Sparebank 1 Ostfold Akershus working capital to net assets ratio by year from 2013 to 2021. The table below presents the year-by-year Working Capital to Net Assets ratio for Sparebank 1 Ostfold Akershus from 2013 to 2021, 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 SOAG total assets.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2021 | -349.5% | Nkr-14.25 Billion | Nkr4.08 Billion | Nkr4.45 Billion | Nkr18.70 Billion | ▲ +8.7 pp |
| 2020 | -358.2% | Nkr-13.39 Billion | Nkr3.74 Billion | Nkr4.30 Billion | Nkr17.69 Billion | ▼ -10.4 pp |
| 2019 | -347.7% | Nkr-12.29 Billion | Nkr3.53 Billion | Nkr3.77 Billion | Nkr16.06 Billion | ▼ -492.2 pp |
| 2018 | 144.5% | Nkr4.81 Billion | Nkr3.33 Billion | Nkr20.53 Billion | Nkr15.72 Billion | ▲ +3.7 pp |
| 2017 | 140.7% | Nkr4.36 Billion | Nkr3.10 Billion | Nkr18.25 Billion | Nkr13.89 Billion | ▼ -18.7 pp |
| 2016 | 159.5% | Nkr4.26 Billion | Nkr2.67 Billion | Nkr17.50 Billion | Nkr13.24 Billion | ▲ +0.1 pp |
| 2015 | 159.4% | Nkr3.58 Billion | Nkr2.25 Billion | Nkr16.44 Billion | Nkr12.86 Billion | ▼ -10.8 pp |
| 2014 | 170.2% | Nkr3.14 Billion | Nkr1.84 Billion | Nkr15.75 Billion | Nkr12.62 Billion | ▼ -29.7 pp |
| 2013 | 199.9% | Nkr3.35 Billion | Nkr1.68 Billion | Nkr15.55 Billion | Nkr12.20 Billion | — |