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 Sparebanken Ost defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
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. For the complete balance sheet picture, see Sparebanken Ost asset portfolio.
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. Explore investment intensity of Sparebanken Ost 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 | -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 | — |