Electroarges S (ELGS) — Working Capital to Net Assets Ratio
Electroarges S (ELGS) has a Working Capital to Net Assets ratio of -168.0% as of March 2026. Working capital of RON-42.26 Million (current assets of RON17.88 Million minus current liabilities of RON60.14 Million) is measured against net assets of RON25.16 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Electroarges S (ELGS) 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
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 2026, the ratio stands at -168.0%, reflecting working capital of RON-42.26 Million against net assets of RON25.16 Million RON. See ELGS defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
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.
| 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 | — |