Micronet Ltd (MCRNT) — Working Capital to Net Assets Ratio
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.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
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. See MCRNT cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
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 the complete balance sheet picture, see balance sheet size of Micronet Ltd.
| 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 | — |