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 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
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. For the complete balance sheet picture, see balance sheet size of Sogn Sparebank.
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. Explore how much of Sogn Sparebank's assets are long-term investments to see how much of total assets are deployed in long-term investments.
| 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 | — |