Nordic Iron Ore Working Capital to Net Assets Ratio
Nordic Iron Ore 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. Check NIO tangible net assets ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Nordic Iron Ore (2010–2024)
Working capital to net assets ratio of Nordic Iron Ore from 2010 to 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. See defensive interval ratio of Nordic Iron Ore to measure how many days the company can operate on defensive assets alone.
Nordic Iron Ore Working Capital to Net Assets Ratio by Year (2010–2024)
Nordic Iron Ore working capital to net assets ratio by year from 2010 to 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 the complete balance sheet picture, see NIO total assets.
| 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 | — |