Electricite et Eaux de Madagascar SA (EEM) — Working Capital to Net Assets Ratio
Electricite et Eaux de Madagascar SA (EEM) has a Working Capital to Net Assets ratio of 50.9% as of June 2025. Working capital of €6.53 Million (current assets of €11.53 Million minus current liabilities of €5.00 Million) is measured against net assets of €12.84 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of Electricite et Eaux de Madagascar SA to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Electricite et Eaux de Madagascar SA Working Capital to Net Assets (2004–2024)
This chart shows how Electricite et Eaux de Madagascar SA's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2004 to 2024. As of June 2025, the ratio stands at 50.9%, reflecting working capital of €6.53 Million against net assets of €12.84 Million EUR. See Electricite et Eaux de Madagascar SA (EEM) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Electricite et Eaux de Madagascar SA (2004–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Electricite et Eaux de Madagascar SA from 2004 to 2024, covering 21 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 EEM market cap.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 34.5% | €3.81 Million | €11.06 Million | €13.67 Million | €9.86 Million | ▲ +12.3 pp |
| 2023 | 22.2% | €4.16 Million | €18.76 Million | €14.76 Million | €10.59 Million | ▲ +65.4 pp |
| 2022 | -43.2% | €-5.04 Million | €11.66 Million | €1.71 Million | €6.74 Million | ▼ -38.1 pp |
| 2021 | -5.0% | €-613.00K | €12.14 Million | €3.65 Million | €4.26 Million | ▲ +14.7 pp |
| 2020 | -19.8% | €-2.94 Million | €14.87 Million | €765.00K | €3.71 Million | ▼ -16.4 pp |
| 2019 | -3.4% | €-571.00K | €16.66 Million | €1.78 Million | €2.35 Million | ▼ -10.5 pp |
| 2018 | 7.0% | €1.28 Million | €18.29 Million | €3.31 Million | €2.03 Million | ▼ -23.2 pp |
| 2017 | 30.2% | €5.12 Million | €16.93 Million | €6.80 Million | €1.68 Million | ▲ +45.2 pp |
| 2016 | -15.0% | €-1.95 Million | €13.05 Million | €3.81 Million | €5.76 Million | ▲ +1.4 pp |
| 2015 | -16.4% | €-2.13 Million | €13.02 Million | €3.81 Million | €5.94 Million | ▲ +2.2 pp |
| 2014 | -18.6% | €-2.27 Million | €12.17 Million | €7.97 Million | €10.24 Million | ▼ -44.2 pp |
| 2013 | 25.5% | €2.99 Million | €11.73 Million | €8.22 Million | €5.22 Million | ▼ -11.4 pp |
| 2012 | 36.9% | €6.72 Million | €18.22 Million | €12.08 Million | €5.37 Million | ▼ -3.7 pp |
| 2011 | 40.6% | €30.03 Million | €73.93 Million | €36.89 Million | €6.86 Million | ▲ +12.4 pp |
| 2010 | 28.2% | €18.88 Million | €66.95 Million | €31.97 Million | €13.09 Million | ▲ +30.2 pp |
| 2009 | -2.0% | €-1.36 Million | €68.08 Million | €12.69 Million | €14.04 Million | ▲ +11.7 pp |
| 2008 | -13.7% | €-8.61 Million | €63.00 Million | €10.81 Million | €19.42 Million | ▼ -3.8 pp |
| 2007 | -9.8% | €-6.73 Million | €68.54 Million | €12.99 Million | €19.73 Million | ▲ +1.3 pp |
| 2006 | -11.1% | €-7.81 Million | €70.32 Million | €9.61 Million | €17.42 Million | ▼ -6.3 pp |
| 2005 | -4.8% | €-3.26 Million | €67.99 Million | €20.05 Million | €23.30 Million | ▲ +2.0 pp |
| 2004 | -6.8% | €-5.29 Million | €78.37 Million | €22.15 Million | €27.45 Million | — |