Sogn Sparebank Working Capital to Net Assets Ratio
Sogn Sparebank 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. Check SOGN tangible net assets 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 Sogn Sparebank (2018–2022)
Working capital to net assets ratio of Sogn Sparebank from 2018 to 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. See SOGN cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Sogn Sparebank Working Capital to Net Assets Ratio by Year (2018–2022)
Sogn Sparebank working capital to net assets ratio by year from 2018 to 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 the complete balance sheet picture, see how large is Sogn Sparebank's balance sheet.
| 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 | — |