MagForce AG (MF6) — Working Capital to Net Assets Ratio
MagForce AG (MF6) has a Working Capital to Net Assets ratio of -28.4% as of December 2021. Working capital of €-7.61 Million (current assets of €1.11 Million minus current liabilities of €8.72 Million) is measured against net assets of €26.84 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See MF6 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
MagForce AG Working Capital to Net Assets (2018–2021)
This chart shows how MagForce AG's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2018 to 2021. As of December 2021, the ratio stands at -28.4%, reflecting working capital of €-7.61 Million against net assets of €26.84 Million EUR. For the complete balance sheet picture, see MagForce AG balance sheet assets.
Annual Working Capital to Net Assets for MagForce AG (2018–2021)
The table below presents the year-by-year Working Capital to Net Assets ratio for MagForce AG from 2018 to 2021, 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. Read MagForce AG balance sheet liabilities for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2021 | -28.4% | €-7.61 Million | €26.84 Million | €1.11 Million | €8.72 Million | ▼ -13.1 pp |
| 2020 | -15.3% | €-5.42 Million | €35.51 Million | €3.49 Million | €8.92 Million | ▲ +18.2 pp |
| 2019 | -33.5% | €-4.92 Million | €14.71 Million | €1.61 Million | €6.54 Million | ▼ -13.6 pp |
| 2018 | -19.9% | €-3.61 Million | €18.16 Million | €2.59 Million | €6.20 Million | — |