Satcom Systems Ltd (STCM) — Working Capital to Net Assets Ratio
Satcom Systems Ltd (STCM) has a Working Capital to Net Assets ratio of -20.5% as of September 2019. Working capital of ILA-3.29 Million (current assets of ILA24.73 Million minus current liabilities of ILA28.02 Million) is measured against net assets of ILA16.07 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial agility of Satcom Systems Ltd to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Satcom Systems Ltd Working Capital to Net Assets (2013–2018)
This chart shows how Satcom Systems Ltd's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2013 to 2018. As of September 2019, the ratio stands at -20.5%, reflecting working capital of ILA-3.29 Million against net assets of ILA16.07 Million ILA. See STCM 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 Satcom Systems Ltd (2013–2018)
The table below presents the year-by-year Working Capital to Net Assets ratio for Satcom Systems 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 Satcom Systems Ltd market capitalisation.
| Year | WC/NA Ratio | Working Capital (ILA) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2018 | -6.8% | ILA-1.15 Million | ILA16.94 Million | ILA22.21 Million | ILA23.37 Million | ▲ +66.1 pp |
| 2017 | -72.9% | ILA-8.49 Million | ILA11.64 Million | ILA11.11 Million | ILA19.60 Million | ▼ -37.7 pp |
| 2016 | -35.3% | ILA-3.84 Million | ILA10.89 Million | ILA12.43 Million | ILA16.27 Million | ▲ +39.6 pp |
| 2015 | -74.9% | ILA-7.31 Million | ILA9.77 Million | ILA8.21 Million | ILA15.53 Million | ▲ +34.4 pp |
| 2014 | -109.2% | ILA-6.88 Million | ILA6.29 Million | ILA10.56 Million | ILA17.44 Million | ▲ +633.8 pp |
| 2013 | -743.0% | ILA-9.73 Million | ILA1.31 Million | ILA10.38 Million | ILA20.10 Million | — |