Sunndal Sparebank Working Capital to Net Assets Ratio

Latest as of March 2023: -526.2%

Sunndal Sparebank working capital to net assets ratio. Sunndal Sparebank (SUNSB) has a Working Capital to Net Assets ratio of -526.2% as of March 2023. Working capital of Nkr-3.77 Billion (current assets of Nkr392.86 Million minus current liabilities of Nkr4.16 Billion) is measured against net assets of Nkr716.24 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Sunndal Sparebank tangible book value ratio to evaluate the tangible quality of the company's equity base.

WC/NA Ratio

-526.2%
Working Capital / Net Assets

Working Capital

Nkr-3.77 Billion
NOK

Current Assets

Nkr392.86 Million
NOK

Current Liabilities

Nkr4.16 Billion
NOK

Working Capital to Net Assets Ratio of Sunndal Sparebank (2017–2021)

Working capital to net assets ratio of Sunndal Sparebank from 2017 to 2021. This chart shows how Sunndal Sparebank's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2017 to 2021. As of March 2023, the ratio stands at -526.2%, reflecting working capital of Nkr-3.77 Billion against net assets of Nkr716.24 Million NOK. Read SUNSB total liabilities for a breakdown of total debt and financial obligations.

Sunndal Sparebank Working Capital to Net Assets Ratio by Year (2017–2021)

Sunndal Sparebank working capital to net assets ratio by year from 2017 to 2021. The table below presents the year-by-year Working Capital to Net Assets ratio for Sunndal Sparebank from 2017 to 2021, 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 Sunndal Sparebank asset portfolio.

Year WC/NA Ratio Working Capital (NOK) Net Assets Current Assets Current Liabilities Change (pp)
2021 -434.8% Nkr-2.89 Billion Nkr665.52 Million Nkr547.51 Million Nkr3.44 Billion ▲ +92.0 pp
2020 -526.8% Nkr-2.81 Billion Nkr533.59 Million Nkr577.59 Million Nkr3.39 Billion ▲ +27.8 pp
2019 -554.6% Nkr-2.48 Billion Nkr446.56 Million Nkr144.71 Million Nkr2.62 Billion ▼ -26.2 pp
2018 -528.4% Nkr-2.00 Billion Nkr377.59 Million Nkr397.91 Million Nkr2.39 Billion ▼ -88.6 pp
2017 -439.8% Nkr-1.58 Billion Nkr358.72 Million Nkr301.31 Million Nkr1.88 Billion —
pp = percentage points