Electroarges S (ELGS) — Working Capital to Net Assets Ratio

Latest as of March 2025: -117.0%

Electroarges S (ELGS) has a Working Capital to Net Assets ratio of -117.0% as of March 2025. Working capital of RON-39.28 Million (current assets of RON10.39 Million minus current liabilities of RON49.66 Million) is measured against net assets of RON33.57 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See ELGS equity to assets ratio to measure how much of total assets are equity-financed.

WC/NA Ratio

-117.0%
Working Capital / Net Assets

Working Capital

RON-39.28 Million
RON

Current Assets

RON10.39 Million
RON

Current Liabilities

RON49.66 Million
RON

Electroarges S Working Capital to Net Assets (2020–2023)

This chart shows how Electroarges S's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2020 to 2023. As of March 2025, the ratio stands at -117.0%, reflecting working capital of RON-39.28 Million against net assets of RON33.57 Million RON. Check Electroarges S tangible book value ratio to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Electroarges S (2020–2023)

The table below presents the year-by-year Working Capital to Net Assets ratio for Electroarges S 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 ELGS market cap overview.

Year WC/NA Ratio Working Capital (RON) Net Assets Current Assets Current Liabilities Change (pp)
2023 -84.4% RON-38.50 Million RON45.64 Million RON9.48 Million RON47.98 Million ▼ -40.6 pp
2022 -43.7% RON-24.46 Million RON55.94 Million RON28.53 Million RON52.98 Million ▼ -10.5 pp
2021 -33.2% RON-18.01 Million RON54.25 Million RON48.76 Million RON66.76 Million ▼ -13.3 pp
2020 -19.9% RON-12.40 Million RON62.45 Million RON59.42 Million RON71.82 Million
pp = percentage points