Glass To Power SpA (MLGLB) — Working Capital to Net Assets Ratio
Glass To Power SpA (MLGLB) has a Working Capital to Net Assets ratio of -94.9% as of June 2024. Working capital of €-690.71K (current assets of €412.51K minus current liabilities of €1.10 Million) is measured against net assets of €727.80K. A higher ratio indicates strong short-term liquidity financed by the equity base. See MLGLB financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Glass To Power SpA Working Capital to Net Assets (2019–2024)
This chart shows how Glass To Power SpA's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2019 to 2024. As of June 2024, the ratio stands at -94.9%, reflecting working capital of €-690.71K against net assets of €727.80K EUR. See Glass To Power SpA defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Glass To Power SpA (2019–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Glass To Power SpA from 2019 to 2024, 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 Glass To Power SpA (MLGLB) total market value.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -26.9% | €-65.42K | €242.89K | €420.81K | €486.23K | ▲ +297.2 pp |
| 2023 | -324.2% | €-629.34K | €194.15K | €977.58K | €1.61 Million | ▲ +624.5 pp |
| 2022 | -948.7% | €-968.24K | €102.06K | €325.52K | €1.29 Million | ▼ -942.1 pp |
| 2021 | -6.6% | €-202.61K | €3.05 Million | €1.57 Million | €1.78 Million | ▼ -4.6 pp |
| 2020 | -2.0% | €-49.78K | €2.45 Million | €1.15 Million | €1.20 Million | ▼ -28.2 pp |
| 2019 | 26.1% | €894.08K | €3.42 Million | €1.34 Million | €450.19K | — |