Galileo Tech Ltd Working Capital to Net Assets Ratio
Galileo Tech Ltd working capital to net assets ratio. Galileo Tech Ltd (GLTC) has a Working Capital to Net Assets ratio of 100.0% as of December 2023. Working capital of ILA-3.50 Million (current assets of ILA216.00K minus current liabilities of ILA3.71 Million) is measured against net assets of ILA-3.50 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Galileo Tech Ltd (2015–2023)
Working capital to net assets ratio of Galileo Tech Ltd from 2015 to 2023. This chart shows how Galileo Tech Ltd's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2015 to 2023. As of December 2023, the ratio stands at 100.0%, reflecting working capital of ILA-3.50 Million against net assets of ILA-3.50 Million ILA. See Galileo Tech Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Galileo Tech Ltd Working Capital to Net Assets Ratio by Year (2015–2023)
Galileo Tech Ltd working capital to net assets ratio by year from 2015 to 2023. The table below presents the year-by-year Working Capital to Net Assets ratio for Galileo Tech Ltd from 2015 to 2023, covering 9 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 GLTC current and non-current assets.
| Year | WC/NA Ratio | Working Capital (ILA) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 100.0% | ILA-3.50 Million | ILA-3.50 Million | ILA216.00K | ILA3.71 Million | ▲ +149.1 pp |
| 2022 | -49.1% | ILA-2.45 Million | ILA4.98 Million | ILA174.00K | ILA2.62 Million | ▼ -49.7 pp |
| 2021 | 0.6% | ILA99.00K | ILA16.59 Million | ILA2.60 Million | ILA2.50 Million | ▼ -135.0 pp |
| 2020 | 135.6% | ILA-2.29 Million | ILA-1.69 Million | ILA498.00K | ILA2.79 Million | ▲ +5.1 pp |
| 2019 | 130.5% | ILA-3.85 Million | ILA-2.95 Million | ILA424.00K | ILA4.27 Million | ▲ +30.5 pp |
| 2018 | 100.0% | ILA-431.00K | ILA-431.00K | ILA55.00K | ILA486.00K | ▼ -4.0 pp |
| 2017 | 104.0% | ILA-22.17 Million | ILA-21.31 Million | ILA10.00K | ILA22.18 Million | ▼ -0.8 pp |
| 2016 | 104.8% | ILA-21.81 Million | ILA-20.81 Million | ILA11.00K | ILA21.82 Million | ▼ -21.7 pp |
| 2015 | 126.5% | ILA-18.74 Million | ILA-14.81 Million | ILA2.04 Million | ILA20.77 Million | — |