Thor Medical ASA (TRMED) — Working Capital to Net Assets Ratio
Thor Medical ASA (TRMED) has a Working Capital to Net Assets ratio of 46.5% as of June 2025. Working capital of Nkr220.40 Million (current assets of Nkr248.40 Million minus current liabilities of Nkr28.00 Million) is measured against net assets of Nkr473.50 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See TRMED FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Thor Medical ASA Working Capital to Net Assets (2020–2024)
This chart shows how Thor Medical ASA's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2020 to 2024. As of June 2025, the ratio stands at 46.5%, reflecting working capital of Nkr220.40 Million against net assets of Nkr473.50 Million NOK. See operational self-sufficiency of Thor Medical ASA to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Thor Medical ASA (2020–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Thor Medical ASA from 2020 to 2024, 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 live market cap and the full company profile, see Thor Medical ASA market cap and net worth.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 31.8% | Nkr107.10 Million | Nkr337.10 Million | Nkr130.00 Million | Nkr22.90 Million | ▲ +16.7 pp |
| 2023 | 15.0% | Nkr40.90 Million | Nkr271.93 Million | Nkr45.35 Million | Nkr4.45 Million | ▼ -86.5 pp |
| 2022 | 101.5% | Nkr64.83 Million | Nkr63.84 Million | Nkr109.11 Million | Nkr44.28 Million | ▲ +2.6 pp |
| 2021 | 98.9% | Nkr139.03 Million | Nkr140.52 Million | Nkr290.73 Million | Nkr151.69 Million | ▼ -2.0 pp |
| 2020 | 100.9% | Nkr180.37 Million | Nkr178.67 Million | Nkr308.93 Million | Nkr128.56 Million | — |