Micronet Ltd (MCRNT) — Working Capital to Net Assets Ratio

Latest as of December 2024: 100.0%

Micronet Ltd (MCRNT) has a Working Capital to Net Assets ratio of 100.0% as of December 2024. Working capital of ILA16.04 Million (current assets of ILA16.65 Million minus current liabilities of ILA612.00K) is measured against net assets of ILA16.05 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Micronet Ltd net asset quality index to measure how much of total assets are equity-financed.

WC/NA Ratio

100.0%
Working Capital / Net Assets

Working Capital

ILA16.04 Million
ILA

Current Assets

ILA16.65 Million
ILA

Current Liabilities

ILA612.00K
ILA

Micronet Ltd Working Capital to Net Assets (2017–2024)

This chart shows how Micronet Ltd's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of December 2024, the ratio stands at 100.0%, reflecting working capital of ILA16.04 Million against net assets of ILA16.05 Million ILA. Check Micronet Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Micronet Ltd (2017–2024)

The table below presents the year-by-year Working Capital to Net Assets ratio for Micronet Ltd from 2017 to 2024, covering 8 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 Micronet Ltd market capitalisation.

Year WC/NA Ratio Working Capital (ILA) Net Assets Current Assets Current Liabilities Change (pp)
2024 100.0% ILA16.04 Million ILA16.05 Million ILA16.65 Million ILA612.00K ▲ +4.5 pp
2023 95.4% ILA23.18 Million ILA24.30 Million ILA25.30 Million ILA2.12 Million ▲ +0.0 pp
2022 95.4% ILA34.19 Million ILA35.85 Million ILA36.34 Million ILA2.15 Million ▼ -0.9 pp
2021 96.2% ILA36.99 Million ILA38.43 Million ILA42.60 Million ILA5.61 Million ▲ +22.2 pp
2020 74.0% ILA7.91 Million ILA10.68 Million ILA18.78 Million ILA10.87 Million ▲ +58.8 pp
2019 15.2% ILA993.00K ILA6.53 Million ILA19.42 Million ILA18.43 Million ▼ -57.0 pp
2018 72.2% ILA8.92 Million ILA12.35 Million ILA28.58 Million ILA19.66 Million ▲ +13.7 pp
2017 58.5% ILA20.53 Million ILA35.10 Million ILA44.77 Million ILA24.24 Million
pp = percentage points