Sparebanken Ost (SPOG) — Working Capital to Net Assets Ratio
Sparebanken Ost (SPOG) has a Working Capital to Net Assets ratio of -169.6% as of September 2023. Working capital of Nkr-8.18 Billion (current assets of Nkr7.57 Billion minus current liabilities of Nkr15.75 Billion) is measured against net assets of Nkr4.82 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See debt-free asset ratio of Sparebanken Ost to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Sparebanken Ost Working Capital to Net Assets (2013–2022)
This chart shows how Sparebanken Ost's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2013 to 2022. As of September 2023, the ratio stands at -169.6%, reflecting working capital of Nkr-8.18 Billion against net assets of Nkr4.82 Billion NOK. Check tangible net worth ratio of Sparebanken Ost to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Sparebanken Ost (2013–2022)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sparebanken Ost from 2013 to 2022, covering 10 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 Ost market cap and net worth.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | -258.7% | Nkr-12.40 Billion | Nkr4.79 Billion | Nkr7.07 Billion | Nkr19.46 Billion | ▲ +29.5 pp |
| 2021 | -288.2% | Nkr-13.53 Billion | Nkr4.69 Billion | Nkr8.53 Billion | Nkr22.06 Billion | ▼ -137.5 pp |
| 2020 | -150.6% | Nkr-6.69 Billion | Nkr4.44 Billion | Nkr8.41 Billion | Nkr15.10 Billion | ▲ +37.0 pp |
| 2019 | -187.6% | Nkr-7.77 Billion | Nkr4.14 Billion | Nkr7.26 Billion | Nkr15.03 Billion | ▲ +43.6 pp |
| 2018 | -231.3% | Nkr-9.12 Billion | Nkr3.94 Billion | Nkr6.01 Billion | Nkr15.14 Billion | ▲ +228.4 pp |
| 2017 | -459.7% | Nkr-15.56 Billion | Nkr3.38 Billion | Nkr668.80 Million | Nkr16.23 Billion | ▲ +30.5 pp |
| 2016 | -490.2% | Nkr-15.57 Billion | Nkr3.18 Billion | Nkr720.10 Million | Nkr16.29 Billion | ▼ -66.2 pp |
| 2015 | -423.9% | Nkr-12.51 Billion | Nkr2.95 Billion | Nkr921.20 Million | Nkr13.43 Billion | ▲ +124.4 pp |
| 2014 | -548.3% | Nkr-15.16 Billion | Nkr2.77 Billion | Nkr1.23 Billion | Nkr16.40 Billion | ▼ -8.5 pp |
| 2013 | -539.8% | Nkr-13.65 Billion | Nkr2.53 Billion | Nkr702.10 Million | Nkr14.35 Billion | — |