Western Bulk Chartering AS Working Capital to Net Assets Ratio
Western Bulk Chartering AS working capital to net assets ratio. Western Bulk Chartering AS (WEST) has a Working Capital to Net Assets ratio of 92.6% as of December 2025. Working capital of Nkr47.06 Million (current assets of Nkr104.62 Million minus current liabilities of Nkr57.56 Million) is measured against net assets of Nkr50.81 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Western Bulk Chartering AS tangible net worth ratio 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 Western Bulk Chartering AS (2016–2025)
Working capital to net assets ratio of Western Bulk Chartering AS from 2016 to 2025. This chart shows how Western Bulk Chartering AS's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2016 to 2025. As of December 2025, the ratio stands at 92.6%, reflecting working capital of Nkr47.06 Million against net assets of Nkr50.81 Million NOK. See Western Bulk Chartering AS (WEST) defensive interval to measure how many days the company can operate on defensive assets alone.
Western Bulk Chartering AS Working Capital to Net Assets Ratio by Year (2016–2025)
Western Bulk Chartering AS working capital to net assets ratio by year from 2016 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Western Bulk Chartering AS from 2016 to 2025, 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 Western Bulk Chartering AS asset portfolio.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 92.6% | Nkr47.06 Million | Nkr50.81 Million | Nkr104.62 Million | Nkr57.56 Million | ▼ -5.2 pp |
| 2024 | 97.8% | Nkr48.66 Million | Nkr49.74 Million | Nkr116.19 Million | Nkr67.54 Million | ▼ -1.6 pp |
| 2023 | 99.4% | Nkr52.17 Million | Nkr52.48 Million | Nkr119.17 Million | Nkr67.00 Million | ▼ -0.3 pp |
| 2022 | 99.7% | Nkr67.92 Million | Nkr68.10 Million | Nkr161.91 Million | Nkr94.00 Million | ▲ +1.6 pp |
| 2021 | 98.1% | Nkr50.17 Million | Nkr51.13 Million | Nkr194.74 Million | Nkr144.57 Million | ▲ +0.8 pp |
| 2020 | 97.3% | Nkr19.28 Million | Nkr19.81 Million | Nkr77.45 Million | Nkr58.17 Million | ▼ -6.0 pp |
| 2019 | 103.4% | Nkr16.52 Million | Nkr15.98 Million | Nkr116.25 Million | Nkr99.74 Million | ▼ -126.8 pp |
| 2018 | 230.2% | Nkr55.47 Million | Nkr24.10 Million | Nkr113.67 Million | Nkr58.20 Million | ▼ -52.4 pp |
| 2017 | 282.6% | Nkr57.04 Million | Nkr20.19 Million | Nkr98.27 Million | Nkr41.23 Million | ▼ -62.8 pp |
| 2016 | 345.4% | Nkr47.49 Million | Nkr13.75 Million | Nkr96.06 Million | Nkr48.58 Million | — |