Electricite et Eaux de Madagascar SA Working Capital to Net Assets Ratio
Electricite et Eaux de Madagascar SA 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. Check tangible equity quality of Electricite et Eaux de Madagascar SA 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 Electricite et Eaux de Madagascar SA (2004–2024)
Working capital to net assets ratio of Electricite et Eaux de Madagascar SA from 2004 to 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 EEM days of operational coverage to measure how many days the company can operate on defensive assets alone.
Electricite et Eaux de Madagascar SA Working Capital to Net Assets Ratio by Year (2004–2024)
Electricite et Eaux de Madagascar SA working capital to net assets ratio by year from 2004 to 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 the complete balance sheet picture, see Electricite et Eaux de Madagascar SA assets under control.
| 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 | — |