Sogn Sparebank (SOGN) — Working Capital to Net Assets Ratio
Sogn Sparebank (SOGN) has a Working Capital to Net Assets ratio of -436.4% as of June 2023. Working capital of Nkr-4.76 Billion (current assets of Nkr1.47 Billion minus current liabilities of Nkr6.23 Billion) is measured against net assets of Nkr1.09 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Sogn Sparebank net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Sogn Sparebank Working Capital to Net Assets (2018–2022)
This chart shows how Sogn 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 -436.4%, reflecting working capital of Nkr-4.76 Billion against net assets of Nkr1.09 Billion NOK. Check Sogn Sparebank tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Sogn Sparebank (2018–2022)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sogn 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 Sogn Sparebank stock valuation.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | -456.1% | Nkr-4.88 Billion | Nkr1.07 Billion | Nkr906.04 Million | Nkr5.78 Billion | ▲ +6.5 pp |
| 2021 | -462.5% | Nkr-4.54 Billion | Nkr980.79 Million | Nkr1.12 Billion | Nkr5.66 Billion | ▲ +19.4 pp |
| 2020 | -482.0% | Nkr-4.48 Billion | Nkr929.71 Million | Nkr1.02 Billion | Nkr5.50 Billion | ▼ -0.5 pp |
| 2019 | -481.4% | Nkr-4.36 Billion | Nkr905.89 Million | Nkr849.12 Million | Nkr5.21 Billion | ▼ -564.8 pp |
| 2018 | 83.4% | Nkr336.87 Million | Nkr404.12 Million | Nkr3.41 Billion | Nkr3.07 Billion | — |