Zenith Energy Ltd (ZENA) — Working Capital to Net Assets Ratio
Zenith Energy Ltd (ZENA) has a Working Capital to Net Assets ratio of 9.5% as of September 2025. Working capital of Nkr7.19 Million (current assets of Nkr39.84 Million minus current liabilities of Nkr32.65 Million) is measured against net assets of Nkr75.51 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See ZENA equity to assets ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Zenith Energy Ltd Working Capital to Net Assets (2008–2025)
This chart shows how Zenith Energy Ltd's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2008 to 2025. As of September 2025, the ratio stands at 9.5%, reflecting working capital of Nkr7.19 Million against net assets of Nkr75.51 Million NOK. Check tangible equity quality of Zenith Energy Ltd to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Zenith Energy Ltd (2008–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Zenith Energy Ltd from 2008 to 2025, covering 18 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 ZENA market cap.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 11.0% | Nkr7.21 Million | Nkr65.63 Million | Nkr30.22 Million | Nkr23.01 Million | ▲ +34.4 pp |
| 2024 | -23.5% | Nkr-11.72 Million | Nkr49.98 Million | Nkr5.02 Million | Nkr16.74 Million | ▼ -27.2 pp |
| 2023 | 3.7% | Nkr3.41 Million | Nkr91.65 Million | Nkr34.57 Million | Nkr31.16 Million | ▲ +6.5 pp |
| 2022 | -2.7% | Nkr-2.83 Million | Nkr103.09 Million | Nkr28.77 Million | Nkr31.60 Million | ▲ +45.2 pp |
| 2021 | -47.9% | Nkr-11.41 Million | Nkr23.80 Million | Nkr18.94 Million | Nkr30.35 Million | ▼ -3.6 pp |
| 2020 | -44.4% | Nkr-4.36 Million | Nkr9.83 Million | Nkr16.77 Million | Nkr21.13 Million | ▼ -43.0 pp |
| 2019 | -1.4% | Nkr-8.14 Million | Nkr569.08 Million | Nkr8.63 Million | Nkr16.77 Million | ▼ -0.4 pp |
| 2018 | -1.0% | Nkr-5.89 Million | Nkr571.89 Million | Nkr4.58 Million | Nkr10.47 Million | ▼ -1.3 pp |
| 2017 | 0.2% | Nkr1.44 Million | Nkr575.45 Million | Nkr5.76 Million | Nkr4.33 Million | ▼ -294.1 pp |
| 2016 | 294.4% | Nkr-6.71 Million | Nkr-2.28 Million | Nkr1.49 Million | Nkr8.20 Million | ▲ +373.8 pp |
| 2015 | -79.4% | Nkr-3.41 Million | Nkr4.29 Million | Nkr2.20 Million | Nkr5.61 Million | ▲ +111.6 pp |
| 2014 | -191.1% | Nkr-4.27 Million | Nkr2.24 Million | Nkr2.61 Million | Nkr6.88 Million | ▼ -370.0 pp |
| 2013 | 178.9% | Nkr-3.75 Million | Nkr-2.10 Million | Nkr1.10 Million | Nkr4.86 Million | ▼ -66.1 pp |
| 2012 | 245.0% | Nkr-2.85 Million | Nkr-1.16 Million | Nkr2.60 Million | Nkr5.45 Million | ▲ +160.2 pp |
| 2011 | 84.8% | Nkr670.17K | Nkr790.53K | Nkr3.06 Million | Nkr2.39 Million | ▲ +28.1 pp |
| 2010 | 56.7% | Nkr1.29 Million | Nkr2.28 Million | Nkr1.55 Million | Nkr261.57K | ▼ -5.8 pp |
| 2009 | 62.5% | Nkr1.49 Million | Nkr2.39 Million | Nkr1.61 Million | Nkr121.63K | ▼ -37.5 pp |
| 2008 | 100.0% | Nkr815.57K | Nkr815.57K | Nkr898.53K | Nkr82.96K | — |