Hagag Europe Development ZF Ltd (HGGE) — Working Capital to Net Assets Ratio
Hagag Europe Development ZF Ltd (HGGE) has a Working Capital to Net Assets ratio of 40.0% as of March 2026. Working capital of ILA37.98 Million (current assets of ILA144.44 Million minus current liabilities of ILA106.47 Million) is measured against net assets of ILA94.92 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Hagag Europe Development ZF Ltd (HGGE) financial flexibility to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hagag Europe Development ZF Ltd Working Capital to Net Assets (2016–2025)
This chart shows how Hagag Europe Development ZF Ltd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 40.0%, reflecting working capital of ILA37.98 Million against net assets of ILA94.92 Million ILA. See HGGE defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Hagag Europe Development ZF Ltd (2016–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Hagag Europe Development ZF Ltd from 2016 to 2025, covering 10 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 Hagag Europe Development ZF Ltd market capitalisation.
| Year | WC/NA Ratio | Working Capital (ILA) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 10.9% | ILA10.65 Million | ILA97.90 Million | ILA83.33 Million | ILA72.68 Million | ▲ +2.1 pp |
| 2024 | 8.8% | ILA5.98 Million | ILA67.86 Million | ILA87.56 Million | ILA81.59 Million | ▼ -59.2 pp |
| 2023 | 68.0% | ILA41.26 Million | ILA60.68 Million | ILA84.95 Million | ILA43.69 Million | ▲ +21.7 pp |
| 2022 | 46.3% | ILA28.64 Million | ILA61.84 Million | ILA70.72 Million | ILA42.08 Million | ▼ -43.7 pp |
| 2021 | 90.0% | ILA53.70 Million | ILA59.68 Million | ILA76.84 Million | ILA23.14 Million | ▲ +93.3 pp |
| 2020 | -3.3% | ILA-1.18 Million | ILA35.40 Million | ILA61.36 Million | ILA62.53 Million | ▼ -22.7 pp |
| 2019 | 19.3% | ILA4.55 Million | ILA23.56 Million | ILA38.74 Million | ILA34.19 Million | ▼ -22.4 pp |
| 2018 | 41.7% | ILA7.99 Million | ILA19.13 Million | ILA26.85 Million | ILA18.86 Million | ▲ +59.9 pp |
| 2017 | -18.2% | ILA-561.00K | ILA3.08 Million | ILA11.50 Million | ILA12.06 Million | ▼ -465.2 pp |
| 2016 | 447.0% | ILA-666.00K | ILA-149.00K | ILA437.00K | ILA1.10 Million | — |