Artego Tg. Jiu (ARTE) — Working Capital to Net Assets Ratio

Latest as of September 2024: 64.2%

Artego Tg. Jiu (ARTE) has a Working Capital to Net Assets ratio of 64.2% as of September 2024. Working capital of RON60.69 Million (current assets of RON83.62 Million minus current liabilities of RON22.92 Million) is measured against net assets of RON94.58 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is Artego Tg. Jiu's balance sheet to measure how much of total assets are equity-financed.

WC/NA Ratio

64.2%
Working Capital / Net Assets

Working Capital

RON60.69 Million
RON

Current Assets

RON83.62 Million
RON

Current Liabilities

RON22.92 Million
RON

Artego Tg. Jiu Working Capital to Net Assets (2020–2023)

This chart shows how Artego Tg. Jiu's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2020 to 2023. As of September 2024, the ratio stands at 64.2%, reflecting working capital of RON60.69 Million against net assets of RON94.58 Million RON. Check Artego Tg. Jiu tangible book value ratio to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Artego Tg. Jiu (2020–2023)

The table below presents the year-by-year Working Capital to Net Assets ratio for Artego Tg. Jiu from 2020 to 2023, covering 4 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 ARTE company net worth.

Year WC/NA Ratio Working Capital (RON) Net Assets Current Assets Current Liabilities Change (pp)
2023 67.3% RON66.62 Million RON99.01 Million RON97.26 Million RON30.64 Million ▲ +8.1 pp
2022 59.2% RON55.33 Million RON93.53 Million RON98.70 Million RON43.36 Million ▲ +3.3 pp
2021 55.8% RON48.89 Million RON87.54 Million RON98.63 Million RON49.75 Million ▲ +4.2 pp
2020 51.7% RON44.54 Million RON86.20 Million RON83.36 Million RON38.82 Million
pp = percentage points