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 The Phoenix Holdings Ltd. free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
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. See The Phoenix Holdings Ltd. defensive interval ratio to measure how many days the company can operate on defensive assets alone.
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 market cap.
| 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 | — |