Nordic Iron Ore (NIO) — Working Capital to Net Assets Ratio
Nordic Iron Ore (NIO) has a Working Capital to Net Assets ratio of 20.1% as of September 2025. Working capital of Skr51.85 Million (current assets of Skr67.32 Million minus current liabilities of Skr15.48 Million) is measured against net assets of Skr258.38 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Nordic Iron Ore (NIO) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Nordic Iron Ore Working Capital to Net Assets (2010–2024)
This chart shows how Nordic Iron Ore's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2010 to 2024. As of September 2025, the ratio stands at 20.1%, reflecting working capital of Skr51.85 Million against net assets of Skr258.38 Million SEK. Check tangible equity quality of Nordic Iron Ore to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Nordic Iron Ore (2010–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Nordic Iron Ore from 2010 to 2024, covering 15 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 market value of Nordic Iron Ore.
| Year | WC/NA Ratio | Working Capital (SEK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 39.1% | Skr106.91 Million | Skr273.64 Million | Skr113.47 Million | Skr6.57 Million | ▲ +65.3 pp |
| 2023 | -26.3% | Skr-34.71 Million | Skr132.13 Million | Skr1.83 Million | Skr36.54 Million | ▼ -12.7 pp |
| 2022 | -13.6% | Skr-19.71 Million | Skr145.07 Million | Skr3.20 Million | Skr22.91 Million | ▼ -10.5 pp |
| 2021 | -3.1% | Skr-4.83 Million | Skr155.54 Million | Skr3.30 Million | Skr8.13 Million | ▼ -1.0 pp |
| 2020 | -2.1% | Skr-3.22 Million | Skr153.75 Million | Skr5.74 Million | Skr8.95 Million | ▼ -0.6 pp |
| 2019 | -1.5% | Skr-2.23 Million | Skr147.83 Million | Skr13.74 Million | Skr15.97 Million | ▼ -6.6 pp |
| 2018 | 5.1% | Skr6.93 Million | Skr136.65 Million | Skr10.17 Million | Skr3.24 Million | ▲ +20.1 pp |
| 2017 | -15.1% | Skr-16.01 Million | Skr106.25 Million | Skr2.82 Million | Skr18.83 Million | ▼ -14.1 pp |
| 2016 | -1.0% | Skr-988.00K | Skr98.10 Million | Skr1.65 Million | Skr2.63 Million | ▼ -10.7 pp |
| 2015 | 9.7% | Skr10.36 Million | Skr106.84 Million | Skr13.36 Million | Skr3.00 Million | ▼ -2.0 pp |
| 2014 | 11.7% | Skr11.61 Million | Skr98.94 Million | Skr22.36 Million | Skr10.74 Million | ▲ +27.9 pp |
| 2013 | -16.1% | Skr-8.89 Million | Skr55.11 Million | Skr7.37 Million | Skr16.26 Million | ▼ -31.6 pp |
| 2012 | 15.5% | Skr11.00K | Skr70.92K | Skr21.27K | Skr10.27K | ▲ +28.2 pp |
| 2011 | -12.7% | Skr-3.84 Million | Skr30.15 Million | Skr2.06 Million | Skr5.89 Million | ▼ -7.4 pp |
| 2010 | -5.3% | Skr-861.16K | Skr16.16 Million | Skr1.22 Million | Skr2.08 Million | — |