Libra Insurance Company Ltd (LBRA) — Working Capital to Net Assets Ratio
Libra Insurance Company Ltd (LBRA) has a Working Capital to Net Assets ratio of 190.2% as of December 2023. Working capital of ILA131.78 Million (current assets of ILA136.61 Million minus current liabilities of ILA4.83 Million) is measured against net assets of ILA69.28 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See LBRA 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
Libra Insurance Company Ltd Working Capital to Net Assets (2019–2024)
This chart shows how Libra Insurance Company Ltd's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2019 to 2024. As of December 2023, the ratio stands at 190.2%, reflecting working capital of ILA131.78 Million against net assets of ILA69.28 Million ILA. For the complete balance sheet picture, see Libra Insurance Company Ltd balance sheet assets.
Annual Working Capital to Net Assets for Libra Insurance Company Ltd (2019–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Libra Insurance Company Ltd from 2019 to 2024, covering 6 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. Check LBRA financial resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (ILA) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -360.2% | ILA-397.68 Million | ILA110.41 Million | ILA339.11 Million | ILA736.79 Million | ▼ -550.4 pp |
| 2023 | 190.2% | ILA131.78 Million | ILA69.28 Million | ILA136.61 Million | ILA4.83 Million | ▲ +84.5 pp |
| 2022 | 105.7% | ILA63.56 Million | ILA60.13 Million | ILA67.15 Million | ILA3.59 Million | ▼ -24.6 pp |
| 2021 | 130.3% | ILA82.32 Million | ILA63.18 Million | ILA85.38 Million | ILA3.06 Million | ▲ +660.3 pp |
| 2020 | -530.0% | ILA-188.62 Million | ILA35.59 Million | ILA25.84 Million | ILA214.46 Million | ▼ -537.6 pp |
| 2019 | 7.6% | ILA10.20 Million | ILA134.24 Million | ILA11.34 Million | ILA1.14 Million | — |