Sparebanken Sor (SOR) — Working Capital to Net Assets Ratio
Sparebanken Sor (SOR) has a Working Capital to Net Assets ratio of -412.9% as of September 2023. Working capital of Nkr-67.97 Billion (current assets of Nkr2.91 Billion minus current liabilities of Nkr70.89 Billion) is measured against net assets of Nkr16.46 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See SOR free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Sparebanken Sor Working Capital to Net Assets (2016–2022)
This chart shows how Sparebanken Sor's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2016 to 2022. As of September 2023, the ratio stands at -412.9%, reflecting working capital of Nkr-67.97 Billion against net assets of Nkr16.46 Billion NOK. See how many days can Sparebanken Sor fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Sparebanken Sor (2016–2022)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sparebanken Sor from 2016 to 2022, covering 7 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 Sparebanken Sor (SOR) market capitalisation.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | -274.4% | Nkr-43.28 Billion | Nkr15.78 Billion | Nkr25.44 Billion | Nkr68.72 Billion | ▼ -639.7 pp |
| 2021 | 365.3% | Nkr54.59 Billion | Nkr14.94 Billion | Nkr119.10 Billion | Nkr64.51 Billion | ▼ -28.8 pp |
| 2020 | 394.1% | Nkr54.20 Billion | Nkr13.75 Billion | Nkr115.36 Billion | Nkr61.16 Billion | ▲ +25.0 pp |
| 2019 | 369.1% | Nkr48.28 Billion | Nkr13.08 Billion | Nkr107.18 Billion | Nkr58.91 Billion | ▼ -31.1 pp |
| 2018 | 400.1% | Nkr47.40 Billion | Nkr11.85 Billion | Nkr104.52 Billion | Nkr57.12 Billion | ▲ +15.7 pp |
| 2017 | 384.4% | Nkr42.70 Billion | Nkr11.11 Billion | Nkr99.05 Billion | Nkr56.34 Billion | ▼ -7.8 pp |
| 2016 | 392.2% | Nkr39.42 Billion | Nkr10.05 Billion | Nkr91.99 Billion | Nkr52.57 Billion | — |