New Horizon Group Ltd (NERZ) — Working Capital to Net Assets Ratio
New Horizon Group Ltd (NERZ) has a Working Capital to Net Assets ratio of 123.0% as of June 2019. Working capital of ILA-22.40 Million (current assets of ILA457.00K minus current liabilities of ILA22.86 Million) is measured against net assets of ILA-18.21 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See New Horizon Group Ltd financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
New Horizon Group Ltd Working Capital to Net Assets (2013–2018)
This chart shows how New Horizon Group Ltd's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2013 to 2018. As of June 2019, the ratio stands at 123.0%, reflecting working capital of ILA-22.40 Million against net assets of ILA-18.21 Million ILA. See New Horizon Group Ltd (NERZ) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for New Horizon Group Ltd (2013–2018)
The table below presents the year-by-year Working Capital to Net Assets ratio for New Horizon Group Ltd from 2013 to 2018, 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. For live market cap and the full company profile, see market value of New Horizon Group Ltd.
| Year | WC/NA Ratio | Working Capital (ILA) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2018 | 100.5% | ILA-23.41 Million | ILA-23.29 Million | ILA16.00K | ILA23.43 Million | ▼ -10.8 pp |
| 2017 | 111.4% | ILA-20.61 Million | ILA-18.51 Million | ILA9.00K | ILA20.62 Million | ▼ -9.4 pp |
| 2016 | 120.7% | ILA-20.10 Million | ILA-16.65 Million | ILA81.00K | ILA20.18 Million | ▲ +2083.5 pp |
| 2015 | -1962.8% | ILA-14.13 Million | ILA720.00K | ILA524.00K | ILA14.66 Million | ▼ -1475.8 pp |
| 2014 | -487.0% | ILA-16.58 Million | ILA3.40 Million | ILA550.00K | ILA17.13 Million | ▼ -440.8 pp |
| 2013 | -46.2% | ILA-4.71 Million | ILA10.19 Million | ILA19.49 Million | ILA24.20 Million | — |