The Phoenix Holdings Ltd. (PHOE) — Working Capital to Net Assets Ratio
The Phoenix Holdings Ltd. (PHOE) has a Working Capital to Net Assets ratio of 135.8% as of March 2024. Working capital of ILA14.80 Billion (current assets of ILA20.62 Billion minus current liabilities of ILA5.82 Billion) is measured against net assets of ILA10.90 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See PHOE equity financing ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
The Phoenix Holdings Ltd. Working Capital to Net Assets (2006–2024)
This chart shows how The Phoenix Holdings Ltd.'s Working Capital to Net Assets ratio has evolved across 19 annual periods from 2006 to 2024. As of March 2024, the ratio stands at 135.8%, reflecting working capital of ILA14.80 Billion against net assets of ILA10.90 Billion ILA. Check PHOE tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for The Phoenix Holdings Ltd. (2006–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for The Phoenix Holdings Ltd. from 2006 to 2024, covering 19 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 PHOE stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (ILA) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -234.6% | ILA-28.74 Billion | ILA12.25 Billion | ILA2.16 Billion | ILA30.90 Billion | ▼ -506.4 pp |
| 2023 | 271.9% | ILA29.62 Billion | ILA10.90 Billion | ILA33.03 Billion | ILA3.41 Billion | ▲ +10.2 pp |
| 2022 | 261.6% | ILA27.56 Billion | ILA10.53 Billion | ILA29.51 Billion | ILA1.95 Billion | ▲ +1.7 pp |
| 2021 | 260.0% | ILA25.80 Billion | ILA9.92 Billion | ILA26.91 Billion | ILA1.12 Billion | ▲ +44.3 pp |
| 2020 | 215.7% | ILA17.43 Billion | ILA8.08 Billion | ILA19.96 Billion | ILA2.53 Billion | ▲ +136.8 pp |
| 2019 | 78.8% | ILA5.12 Billion | ILA6.49 Billion | ILA7.34 Billion | ILA2.23 Billion | ▼ -1.0 pp |
| 2018 | 79.9% | ILA5.13 Billion | ILA6.43 Billion | ILA7.04 Billion | ILA1.91 Billion | ▼ -259.8 pp |
| 2017 | 339.7% | ILA19.52 Billion | ILA5.74 Billion | ILA21.27 Billion | ILA1.76 Billion | ▼ -56.7 pp |
| 2016 | 396.5% | ILA19.18 Billion | ILA4.84 Billion | ILA20.54 Billion | ILA1.36 Billion | ▼ -100.3 pp |
| 2015 | 496.7% | ILA21.23 Billion | ILA4.27 Billion | ILA22.68 Billion | ILA1.45 Billion | ▼ -136.4 pp |
| 2014 | 633.2% | ILA24.88 Billion | ILA3.93 Billion | ILA26.27 Billion | ILA1.39 Billion | ▲ +596.9 pp |
| 2013 | 36.2% | ILA1.32 Billion | ILA3.65 Billion | ILA2.83 Billion | ILA1.50 Billion | ▼ -6.1 pp |
| 2012 | 42.4% | ILA1.28 Billion | ILA3.03 Billion | ILA2.67 Billion | ILA1.38 Billion | ▼ -399.8 pp |
| 2011 | 442.2% | ILA11.61 Billion | ILA2.62 Billion | ILA12.82 Billion | ILA1.22 Billion | ▲ +252.0 pp |
| 2010 | 190.2% | ILA5.13 Billion | ILA2.70 Billion | ILA6.23 Billion | ILA1.10 Billion | ▲ +38.6 pp |
| 2009 | 151.5% | ILA3.46 Billion | ILA2.28 Billion | ILA4.87 Billion | ILA1.41 Billion | ▲ +140.2 pp |
| 2008 | 11.4% | ILA195.27 Million | ILA1.72 Billion | ILA1.06 Billion | ILA860.36 Million | ▼ -104.9 pp |
| 2007 | 116.3% | ILA2.70 Billion | ILA2.32 Billion | ILA3.28 Billion | ILA581.19 Million | ▼ -38.8 pp |
| 2006 | 155.0% | ILA3.09 Billion | ILA1.99 Billion | ILA3.58 Billion | ILA486.10 Million | — |