Tysnes Sparebank (TYSB) — Working Capital to Net Assets Ratio

Latest as of June 2023: -586.4%

Tysnes Sparebank (TYSB) has a Working Capital to Net Assets ratio of -586.4% as of June 2023. Working capital of Nkr-2.71 Billion (current assets of Nkr457.28 Million minus current liabilities of Nkr3.17 Billion) is measured against net assets of Nkr462.11 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See TYSB free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.

WC/NA Ratio

-586.4%
Working Capital / Net Assets

Working Capital

Nkr-2.71 Billion
NOK

Current Assets

Nkr457.28 Million
NOK

Current Liabilities

Nkr3.17 Billion
NOK

Tysnes Sparebank Working Capital to Net Assets (2017–2022)

This chart shows how Tysnes Sparebank's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2017 to 2022. As of June 2023, the ratio stands at -586.4%, reflecting working capital of Nkr-2.71 Billion against net assets of Nkr462.11 Million NOK. See TYSB equity financing ratio to measure how much of total assets are equity-financed.

Annual Working Capital to Net Assets for Tysnes Sparebank (2017–2022)

The table below presents the year-by-year Working Capital to Net Assets ratio for Tysnes Sparebank from 2017 to 2022, covering 6 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 TYSB stock market capitalisation.

Year WC/NA Ratio Working Capital (NOK) Net Assets Current Assets Current Liabilities Change (pp)
2022 -506.6% Nkr-2.32 Billion Nkr457.69 Million Nkr45.92 Million Nkr2.36 Billion ▲ +49.2 pp
2021 -555.8% Nkr-2.20 Billion Nkr395.14 Million Nkr596.13 Million Nkr2.79 Billion ▲ +24.1 pp
2020 -579.9% Nkr-2.14 Billion Nkr369.45 Million Nkr399.25 Million Nkr2.54 Billion ▼ -58.9 pp
2019 -521.0% Nkr-1.66 Billion Nkr318.88 Million Nkr186.60 Million Nkr1.85 Billion ▲ +62.4 pp
2018 -583.4% Nkr-1.50 Billion Nkr257.81 Million Nkr179.66 Million Nkr1.68 Billion ▼ -53.9 pp
2017 -529.4% Nkr-1.28 Billion Nkr241.62 Million Nkr180.71 Million Nkr1.46 Billion
pp = percentage points