Tysnes Sparebank (TYSB) — Working Capital to Net Assets Ratio
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 Tysnes Sparebank balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
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. Check how tangible is Tysnes Sparebank's equity to evaluate the tangible quality of the company's equity base.
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 market cap of Tysnes Sparebank.
| 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 | — |