Sparebanken Ost Working Capital to Net Assets Ratio
Sparebanken Ost 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. Check tangible net worth ratio of Sparebanken Ost 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 Sparebanken Ost (2013–2022)
Working capital to net assets ratio of Sparebanken Ost from 2013 to 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. See how many days can Sparebanken Ost fund operations to measure how many days the company can operate on defensive assets alone.
Sparebanken Ost Working Capital to Net Assets Ratio by Year (2013–2022)
Sparebanken Ost working capital to net assets ratio by year from 2013 to 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 the complete balance sheet picture, see Sparebanken Ost asset portfolio.
| 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 | — |