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 ELGS cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
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. For the complete balance sheet picture, see how large is Electroarges S's balance sheet.
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. Check Electroarges S liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| 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 | — |