Galileo Tech Ltd (GLTC) — 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. See how leveraged is Galileo Tech Ltd's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Galileo Tech Ltd Working Capital to Net Assets (2015–2023)
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. Check Galileo Tech Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Galileo Tech Ltd (2015–2023)
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 live market cap and the full company profile, see Galileo Tech Ltd (GLTC) market capitalisation.
| 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 | — |