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 how leveraged is Glass To Power SpA's balance sheet to measure how much of total assets are equity-financed.
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. Check Glass To Power SpA tangible book value ratio to evaluate the tangible quality of the company's equity base.
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 MLGLB company net worth.
| 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 | — |