Novatech Industries SA (MLNOV) — Working Capital to Net Assets Ratio
Novatech Industries SA (MLNOV) has a Working Capital to Net Assets ratio of 81.3% as of December 2024. Working capital of €9.41 Million (current assets of €54.05 Million minus current liabilities of €44.64 Million) is measured against net assets of €11.57 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See MLNOV free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Novatech Industries SA Working Capital to Net Assets (1999–2024)
This chart shows how Novatech Industries SA's Working Capital to Net Assets ratio has evolved across 20 annual periods from 1999 to 2024. As of December 2024, the ratio stands at 81.3%, reflecting working capital of €9.41 Million against net assets of €11.57 Million EUR. See how many days can Novatech Industries SA fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Novatech Industries SA (1999–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Novatech Industries SA from 1999 to 2024, covering 20 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 Novatech Industries SA stock valuation.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 81.3% | €9.41 Million | €11.57 Million | €54.05 Million | €44.64 Million | ▼ -223.9 pp |
| 2023 | 305.2% | €38.14 Million | €12.50 Million | €57.14 Million | €19.00 Million | ▼ -21.7 pp |
| 2022 | 326.9% | €31.80 Million | €9.73 Million | €47.70 Million | €15.90 Million | ▲ +115.0 pp |
| 2021 | 211.9% | €23.09 Million | €10.90 Million | €35.26 Million | €12.17 Million | ▼ -29.5 pp |
| 2020 | 241.4% | €20.41 Million | €8.45 Million | €30.42 Million | €10.01 Million | ▲ +74.3 pp |
| 2018 | 167.1% | €10.48 Million | €6.27 Million | €22.93 Million | €12.45 Million | ▲ +20.5 pp |
| 2017 | 146.6% | €12.01 Million | €8.19 Million | €19.28 Million | €7.27 Million | ▲ +9.5 pp |
| 2016 | 137.1% | €10.09 Million | €7.36 Million | €17.61 Million | €7.52 Million | ▲ +37.7 pp |
| 2015 | 99.4% | €6.37 Million | €6.41 Million | €16.51 Million | €10.14 Million | ▲ +0.1 pp |
| 2014 | 99.3% | €6.93 Million | €6.98 Million | €17.64 Million | €10.71 Million | ▼ -1.0 pp |
| 2013 | 100.3% | €7.29 Million | €7.27 Million | €19.04 Million | €11.75 Million | ▼ -9.7 pp |
| 2012 | 110.0% | €8.84 Million | €8.04 Million | €22.83 Million | €13.99 Million | ▲ +5.2 pp |
| 2011 | 104.8% | €14.67 Million | €14.00 Million | €31.84 Million | €17.17 Million | ▼ -0.6 pp |
| 2010 | 105.4% | €19.71 Million | €18.70 Million | €42.38 Million | €22.67 Million | ▼ -45.2 pp |
| 2009 | 150.6% | €27.41 Million | €18.20 Million | €45.75 Million | €18.34 Million | ▼ -53.2 pp |
| 2008 | 203.8% | €30.84 Million | €15.13 Million | €56.95 Million | €26.11 Million | ▲ +62.4 pp |
| 2007 | 141.5% | €17.06 Million | €12.06 Million | €32.77 Million | €15.71 Million | ▲ +41.0 pp |
| 2001 | 100.5% | €2.06 Million | €2.05 Million | €5.94 Million | €3.88 Million | ▼ -151.1 pp |
| 2000 | 251.6% | €5.51 Million | €2.19 Million | €8.91 Million | €3.40 Million | ▲ +7.8 pp |
| 1999 | 243.8% | €3.90 Million | €1.60 Million | €7.29 Million | €3.39 Million | — |